Mounir Gwarzo, SEC DG

The Securities & Exchange Commission (SEC) has invited directors and sponsored individuals of TransGlobe Investment and Finance Company Limited, including one Alex Ekwueme to a meeting slated for Wednesday, January 18, 2017, over five unresolved complaints involving over N300 million as at July 2016.
It was not immediately clear whether the said Ekwueme is the same as the former Vice President of Nigeria in the second republic.
The meeting slated for 11am at the commission’s Abuja headquarters, according to a statement by the SEC management, has become expedient because, despite the exchange of several correspondences with the company through the Managing Director, the “company has failed to resolve the complaints.”
This is why, the statement added, directors and sponsored individuals of the company, who should come along with all relevant documents and any other information that will enhance the resolution of the matter are invited to meet with SEC officials “to deliberate on ways of resolving all the outstanding issues.”
Besides Ekwueme with Chief I.A. Idamiebi-Brown as sponsored individual, other directors expected at the meeting and their sponsored individuals are: Osita Ignatius Odili (sponsored individual); Obasola Alao (N.O.Mba); Bariu Abdul Gaffar (Obong C.N. Nyong); Sunny Obidiegwu (Sunlife Investment Limited); and Clement Obineze Maduako (Dr. S. C. Okolo). Other sponsored individuals are: Kene Paper Mills Limited, Chief B.I. Anumba and Chief J.U. Obidegwu.