wesley80: Permit me to reproduce here the - somewhat -inside account given by a fellow Nairalander:

saxywale:

WoW, the civil service is very corrupt. This woman now has my respect. I will never yab her again. I hope she remains true all through her service to the nation.

DammyFx: ON WHAT BASIS WAS THIS DECISION MADE

dustydee: What are the administrative lapses? Where is the audit report? And when did PWC become EFCC or the police to know that no criminal offense was committed?

omamokta: Because she is beautiful and a free woman.

asha 80: so you did not know that the civil service is probably the most corrupt arm of government?i even believe they are more corrupt than politicians since they are ones that show politicians the 'ways and avenues' for chopping money.

BetaThings: So we are lapping up all these falsehood
SEC has a procedure for registering market operators and their staff. It involves inviting the operator and staff for a test at SEC office.
If this is not done, a firm cannot operate in the capital market
If you set up a new stockbroking firm, without SEC registration you cannot trade
For 2 years Oteh did not conduct a single test for operators
Let anyone, insider or outsider, contradict this

For 2 years, Oteh did not hold a single managememt meeting
Let anyone contradict this

The former Fin Director of AP reported that Otedola and his friend acquired shares in AP worth N24.5b (enough to get a banking licence) without paying
He said AP made a loss, but it reported a profit
What did Oteh do?

Let anyone contradict any of these


As regards where the DG of SEC is from did he tell us that the longest-serving SEC DG ever came from the SOuth
And that Ndanusa was not allowed to do a second term because he did not allow Okereke-Oyiuke to intimidate him
and he is not Hausa - he is from Niger State. We should remember that even Jos people speak Hausa
And after getting Obj to remove Ndanusa, Okereke Oyiuke got a pliant from the same state to replace him so that the coup will sail through

ebamma: we dont care why jonathan reinstated oteh,we want to know why farouk lawan is not in kirikiri prisons.

Delafruita:
my friend,dont comment if you have only falsehood to peddle.ndanusa was okereke's stooge.most of the sharp practices that brought down the capital market happened because of ndanusa's lack of will to go against his benefactors.

Delafruita:
aruma was brought to sanitise the sector and if i may say,she has done well though it will still take a while to gain investor confidence.she stopped the demutualisation planned by okereke,ensured compliance with rules of the commission.

Delafruita:
She stopped the demutualisation planned by okereke,ensured compliance with rules of the commission.

Delafruita:
how is it possible not to hold a management meeting for 2 years?are you alright at all?even the other commisioners made reference to meetings and memos were presented verifying that meetings did take place.
the sector is on life support because of sharp practices of stockbroking firms and you're complaining that more havent been added to the already long list.why not just wait till the capital market stabilizes

4. Before she came to SEC, there used to be overtime. If u wrk anytime after 4'0 clock u'll be paid I think above a 1000naira, maybe 1500 or 2k. So staff will close by 4pm and sign 6pm or 7pm at d register. Corpers and IT were living large then. In addition to 25k salary, wen u add overtime it was almost amounting to 50k or more. Wen madam came in, she reduced overtime to 195naira daily. Suffice it to say dt everyone stopped working overtime!

J12:

Don't be deceived by her pretty face and subtle physique. . . That woman harsh o!

blacksta: Nobody has a problem with people been reinstated after an investigation has given then clean of health but when it is selective it becomes an issue. When is Salami going to be reinstated.

wesley80: Very good point but in trying to be an advocate of social justice and equity it's important that you know all the facts lest you sound terribly ignorant.
The truth/fact is always somewhere, you just have to put in an effort to locate it. So you were saying?

Delafruita:
.aruma was brought to sanitise the sector and if i may say,she has done well

BetaThings: Sorry for derailing though

dustydee: What are the administrative lapses? Where is the audit report? And when did PWC become EFCC or the police to know that no criminal offense was committed?

CHESSBOARD:

She is Not free, she left her Husband for being corrupt