Reps To SEC: Stop Talking Until Outcome Of Panel’s Report

The House of Representatives has said that pending the conclusion of its in-house investigation into the N44 million corruption scandal rocking the Securities and Exchange Commission (SEC) and the House Committee on Capital Market, inflammatory comments from both parties are inappropriate as it can affect? the outcome of the matter.

The House spokesman, Hon. Zakari Mohammed, who stated this at a media briefing yestersday, said it was necessary that all parties involved in the matter should give the Ethics and Privileges Committee of the House the benefit of doubt and wait for its report on the bribery allegation.

Alongside ongoing investigations by the Economic and Financial Crimes Commission (EFCC), the Samson Osagie-led Ethics and Privileges Committee is expected to present a report on the bribery allegation in 21 days.

Also, the ousted Hon. Herman Hembe-led panel and the Director-General, SEC, Ms. Arunmah Oteh, are expected at the EFCC office in Abuja today.

Mohammed said, “The committee has 21 days to work on the matter and I can assure you that there will be fair hearing for all the parties involved.”

‘‘SEC should caution its spokesman from issuing inflammatory statements on this issue as Hon.Hembe has kept silent, waiting for the outcome of the panel’s report.

“Anything the concerned parties say now will go a long way in distorting what is on ground because is just like a matter in the court.”