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Thursday 19 July 2012

ARUNMA OTEH REINSTATED; AUDITORS ABSOLVE SEC DG OF FRAUD AND CRIMINAL COMPLICITY; INDICTS HER FOR ADMINISTRATIVE LAPSES



Director General of the Security and Exchange Commission Arunma Oteh was on Wednesday recalled from compulsory leave through a letter signed by Secretary to the Government of the Federation, Anyim Pius Anyim.

Special Adviser to the President on Media and publicity Reuben Abati who confirmed her recall explained that government's action was sequel to an investigation carried out by independent auditors Price Water House Coopers which exonerated her from allegations of corrupt practices.

The recall of Arunma Oteh from compulsory leave did not come as a surprise to many who had seen it coming after she had appeared at an Economic Management Team meeting at the Presidential Villa two weeks ago.

It is routine for government to send its officials on leave when there is a need to especially when probes are involved.

But the controversy created by Ms Oteh's appearance at that meeting compelled the Spokesman of the President to make a clarification on the issue

But how come it is the Presidency that is recalling her and not the board that sent her on compulsory leave?

And what becomes of the allegations raised during House of Representatives public hearing which painted her in the light of a someone irresponsible with public funds.

Worthy of note is government's mild reprimand that Ms Oteh was guilty of some administrative lapses which should not re occur under her watch.

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