If this situation is not addressed, he said, this would amount to double standard and could be sending a bad signal to the industry that the regulator is trying to sanitise.
While the broker was happy that someone from the broking fraternity is chairing the regulatory body, he felt, it would be partisan and abuse of office for someone to be a supervisor of his own business. Efforts by LEADERSHIP to reach NAICOM’s spokesperson, Mr. Rasaaq Salami for comment on the issue proved abortive as his phones were switched off as at the time of writing this report.