Corporate Affairs Commission CAC has debunked a series of online publications alledging a N6.542 billion fraud against the Commission.
In a statement by the Director, Public Affairs Mr Duke Ukaga says the allegations are imagination of the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees AUPCTRE who could not accept losing check-up dues of over N2Million monthly from the Commission following the stoppage in respect of senior staff.
It explains that the write up is a cheap blackmail, mischief and attempt to ridicule the Registrar-General of the Commission Garba Abubakar.
Responding to the allegation of short-changing staff allowances and entitlements, Ukaga said the 2019 promotion examination was held in 2020 and no budgetary provision was made for the payment of promotion arrears dating back to 1st January, 2019.
“The Board had the option to make the promotion to take effect from 1st January, 2020 but decided to retain the actual date of 1st January, 2019 so that the beneficiaries would maintain their seniority particularly when the 2020 promotion examination was being held about one month after.
“The total arrears would have been over N560million if the financial benefit was to start from 1st January, 2019.”
On stoppage of staff loans, he said since the introduction of Treasury Single Account, the Commission did not have a separate Revolving Loan Account as was the case in the past.
Commenting on the allegation of stoppage of all welfare proposals, the statement said the management of CAC does not have the power to increase staff salaries and allowances without the approval of the Board and in consultation with the National Salaries, Wages and Income Commission.
On alleged non-declaration of Code of Conduct Bureau Assets Form, Ukaga said
“Contrary to their claim, the Registrar General has declared his assets in accordance with provisions of the laws of the land.
The statement notes that CAC is fully committed to the anti-corruption war of President Muhammadu Buhari, and will not in any way be a party to corrupt practices.
It adds that the commission will continue to work hard to achieve the objectives for which it was established to the satisfaction of its customers and stakeholders.