CAC Partners CCB On Probe Of Fraudulent Companies
He asserted that this would eradicate instances of cloned identification being submitted to the CAC.
The Corporate Affairs Commission has said it will grant the Code of Conduct Bureau access to its database to enable it to carry out seamless investigations of companies involved in illicit activities.
The Registrar-General of the CAC, Garba Abubakar, disclosed this on Friday during a meeting with the Chairman of CCB, Prof. Muhammad Isah.
According to a statement signed by the Head Media Unit, CAC, Rasheed Mahe, Abubakar also said the general public would be able to conduct a first-level check on companies using the public search window on the CAC website for free.
He noted that the Beneficial Ownership Disclosure or Person with Significant Control would also extend to open data format.
The statement said, “Nigeria’s fight against Corruption today received a further boost as the Corporate Affairs Commission moves to grant the Code of Conduct Bureau access to its database to enable it to carry out seamless investigation of Companies suspected to be engaged in illicit activities.
“The Registrar General/CEO of the CAC, Alhaji Garba Abubakar, who gave the commitment today when he received the CCB Chairman, Prof. Muhammad Isah, on a courtesy visit to the Commission, said the time was ripe for the Commission to explore more areas of collaboration particularly real-time.”
The CAC boss reiterated the commission’s commitment to integrating with the National Identity Management Commission’s database, which he said would serve in validating all individuals seeking to register a company.
He asserted that this would eradicate instances of cloned identification being submitted to the CAC.
The CCB chairman expressed his pleasure with the cooperation that the bureau has received from the registrar general since he resumed office.
He said with the current trends, there was a need for more collaboration between both agencies in unravelling the identities of perpetrators of crime.
He emphasised the responsibility of the bureau to enforce asset declaration, describing asset declaration as the life wire of the anti-corruption war.
