The Federal Government has announced the immediate suspension of Mounir Gwarzo, Director-General of the Securities and Exchange Commission (SEC).
Gwarzo...
Finance minister, Kemi Adeosun said that the administration had set up a single account where all recovered funds are kept for proper accountability and safekeeping.
Following allegations of corruption and massive irregularities in the YOUWIN programme, Minister of Finance, Kemi Adeosun, has announced that the Federal Government has stopped further disbursement of cash to beneficiaries.
It was discovered that some senior civil servants gave out or facilitated slots worth between N7 million and N10 million each to their spouses, children and friends
The Minister said the move will make for the easy detection of bank accounts that are being operated in such banks by ghost workers and other syndicates.
