BusinessNewsCAC to Block Fraudulent Registration Applications

ABUJA — The registrar-general of the Corporate Affairs Commission (CAC), Garba Abubakar, has announced that the agency is set to block suspected fraudulent applications registering new companies similar to existing ones.

Rasheed Mahe, head of media at CAC, disclosed this in a statement issued on Sunday.

The statement stated that Abubakar said the CAC recorded high applications with names similar to existing ones and indicated that the Commission had discontinued the issuance of certified true copies (CTCs) and replaced them with certified extracts to boost the fight against corruption.

“The commission had upon the commencement of the implementation of CAMA 2020 invoked the provision of Data Privacy and Protection Act to eliminate incidences of presenting cloned signatures to the CAC for registration purposes.

“In view of the provisions of the law, the Commission discontinued the issuance of certified true copies of some documents. Certified extracts have replaced CTCs in accordance with provisions of the law,” the statement read.

Abubakar also disclosed that the CAC was reviewing its checklist of services and would deploy a customer relationship management (CRM) system toward resolving customer challenges in real-time.

However, they warned accredited agents against sharing their access to CAC portals with others to guard against fraud.

Beloved John (Staff Writer)

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