Arunma Oteh recalled.

The suspended Director General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh, has been reinstated back to her position by the Federal Government amidst protests by the staff of the commission who were vehemently opposed to her recall.

Though she was cleared by the government of allegations of fraud on Project 50 for which she was investigated, she received a caution for administrative lapses.

The secretary to the Nigerian government, Anyim Pius Anyim, said in a statement obtained by The Associated Press today that the director general of the Securities and Exchange Commission, Arunma Oteh, had been recalled from "compulsory leave." after the commission's board of directors asked her to step down while independent auditors investigated the source and spending of funds for a commission event held last year, but their report had not "indicted her of fraud or any criminal breach." However, some "administrative procedures were not thoroughly observed."


The statement goes on to say “The purpose of this letter is to recall you (Arunma Oteh) from your leave and to caution that you must henceforth endeavour to diligently observe all extant rules and administrative procedures in the conduct of all official transactions.