The House okayed the suspension after lawmakers on Wednesday considered and approved the recommendations of its Committee on Capital Market and Institutions. The committee, which is chaired by a member from Kogi State, Mr. Tajudeen Yusuf, had investigated the dispute between the minister and Gwarzo over the controversial suspension of a forensic audit on Oando Plc. SEC, under Gwarzo, was conducting the audit before his suspension last year. In its report, the House committee said Adeosun acted right by suspending the DG, adding that the minister complied with the 1999 Constitution and the Civil Service Rules. “That based on the petitions by various stakeholders of Oando, the committee agreed to conduct investigation of Oando Plc.

Source: Punch April 19, 2018 02:03 UTC