• Fri. Apr 19th, 2024

‘Avoid Sharp Practices’ – CAC Advises Stakeholders

Alhaji Garba Abubakar

The Registrar General (RG) of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has harped on the need for Stakeholders to avoid sharp practices while dealing with the Commission.

Alhaji Garba Abubakar made this known, when he received the President of the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN), Taiwo Olowokolade.

He charged the stakeholders who were mostly Lawyers, Accountants, and Chartered Secretaries to strictly adhere to professional ethics, saying the Commission was often bombarded with sometimes forged documents at the point of registration.

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According to him, the Commission is ready to take drastic measures against any erring professional upon the implementation of the Companies and Allied Matter Act (CAMA) 2020.

The RG, however, commended the ICSAN management for maintaining professional ethics in their conduct and congratulated them for their reintegration on the CAC Governing Board by the CAMA, 2020.

He assured them of the Commission’s continued support and cooperation and used the meeting to congratulate the newly inducted CAC Staff by ICSAN.

Highlight of the visit include exchange of pleasantries and photographs session.



Earlier, the ICSAN President Mr Taiwo Olowokolade had commended the reform initiatives of the Commission and pledged their continued support and cooperation with the CAC.

He said ICSAN was dedicated to enhancing the status and practice of Corporate Governance and Public Administration in Nigeria and assured that its members would continue to adhere strictly to professional ethics in discharging their responsibilities.

The President noted that the 14 members of staff of CAC were admitted through the ICSAN Fast-Track in 2021 and inducted as Associates of the institute on Friday July, 23rd of this year.

Txt/Auwalu Muhammed, Kaduna