Illicit Funds: CAC Moves to Expose Real Owners Behind Nigerian Companies

Illicit funds: CAC moves to expose real owners behind Nigerian companies

The Corporate Affairs Commission, CAC has revealed plans to expose the real owners behind Nigerian companies. Hussaini Ishaq Magaji, Registrar-General of the CAC, made the disclosure at an engagement with journalists on Tuesday in Abuja. According to him, there are legal owners of Nigerian companies and real individuals behind the corporate structure. He said there is an […] Illicit funds: CAC moves to expose real owners behind Nigerian companies

CAC seeks unified ownership register to fight illicit funds

The Corporate Affairs Commission (CAC) is calling for a unified ownership register to combat illicit financial flows and money laundering in Nigeria.

Illicit funds: CAC moves to expose real owners behind Nigerian companies - NewsTmes.com.ng

The Corporate Affairs Commission, CAC has revealed plans to expose the real owners behind Nigerian companies. Hussaini Ishaq Magaji, Registrar-General of the CAC, made the disclosure at an engagement with journalists on Tuesday in Abuja. According to him, there are legal owners of Nigerian companies and real individuals behind the corporate structure. He said there is an …

CAC Seeks Unified Beneficial Ownership Register

The Corporate Affairs Commission, CAC, has called for the harmonisation and centralisation of Nigeria’s beneficial ownership registers to strengthen transparency, accountability and the fight against illicit financial activities. The Registrar-General/Chief Executive of the CAC, Hussaini Magaji, made the call at a Stakeholders Workshop on the Beneficial Ownership Register for Journalists and Civil Society Organisations in […]

“Nigeria Needs One Coordinated Beneficial Ownership System” — CAC Calls For Harmonisation Of Corporate Ownership Registers

The Corporate Affairs Commission has called for the harmonisation and centralisation of Nigeria’s beneficial ownership registers to strengthen the fight against illicit financial flows, money laundering and the abuse of corporate structures. The Registrar-General and Chief Executive of the CAC, Hussaini Ishaq Magaji, speaking at a training on the Beneficial Ownership Register for journalists and […]

CAC Seeks Centralised Beneficial Ownership Register To Fight Illicit Financial Flows

The Corporate Affairs Commission (CAC) has called for the harmonisation and centralisation of Nigeria’s beneficial ownership information to strengthen transparency and combat corruption, illicit financial flows, money laundering, terrorism financing and abuse of corporate structures. The Registrar-General/Chief Executive of thr CAC, Hussaini Ishaq Magaji, SAN, made the call during a training on the Beneficial Ownership […] CAC Seeks Centralised …