The Independent Corrupt Practices and different associated Offences Commission (ICPC) on Tuesday arraigned the suspended Director-General of the Securities and Exchange Commission (SEC), Mounir Gwarzo.
He was organized earlier than a Federal Capital Territory High Court sitting in Maitama, Abuja, Nigeria’s capital.
Gwarzo was arraigned on expenses bordering on legal breach of belief and aiding diversion of funds.
The ICPC, it was gathered, most well-liked expenses towards the SEC Executive Commissioner, Corporate Services, Zakwanu Garba, for allegedly conniving with Gwarzo to commit the fraud.
Gwarzo and Garba, throughout courtroom proceedings, entered a Not Guilty plea to the five-count cost of legal breach of belief and aiding and a baring diversion of funds as severance advantages to Gwarzo whereas he was nonetheless within the service as Director-General.