The Independent Corrupt Practices and other related offences Commission on Monday detained the suspended Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo, for about four hours before releasing him on administrative bail.
It was learnt that Gwarzo, who is also being probed by a panel set up by the Ministry of Finance, was granted bail and asked to return at a later date.
A source at the ICPC said, “Gwarzo honoured our invitation on Monday and was detained after which he was granted bail. He was asked to provide a surety on the level of a director at the Federal Civil Service and must have property in Abuja.
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