Lagos - The Securities and Exchange Commission in a swift reaction said “a number of claims made by the removed Director-General of the Nigerian Stock Exchange in today’s proceedings at the Public Hearing were false and deserve quick refutation and rebuttal so that the investing and general publics as well as the public records do not retain such falsification.
On the May 20, 2011 judgment of Justice Idris Mohammed of a Lagos High Court, Onyiuke claimed that the SEC only appealed the award of N500m to Okereke – Onyiuke in damages. Ascology News reports
SEC in a statement decries this recourse to deliberate falsification of facts by Okereke.
Details: Ascology News