Home News 23yrs-Old Nigerian sentenced to 4yrs in prison for forgery of CAC receipts
News

23yrs-Old Nigerian sentenced to 4yrs in prison for forgery of CAC receipts

498
CAC jail

The Corporate Affairs Commission (CAC)has ensured Abubakar Sadiq Aremu, a 23-year-old Nigerian, was handed a four-year prison sentence for his involvement in the forgery of annual returns receipts.

Aremu was arraigned before the Upper Area Court in Mpape, Abuja, on March 21, 2023, where he pleaded guilty to the charges brought against him.

According to reports, Aremu confessed to the crime of uploading forged receipts onto the CAC portal in order to fulfill the annual return requirements for a company. This deceptive act ultimately led to his apprehension and subsequent legal proceedings.

In response to the judgement, Registrar-General and CEO of the Corporate Affairs Commission, Ishaq Hussaini M. SAN, expressed his satisfaction with the outcome, stating, “This development is a big boost to our efforts to stem the activities of criminals trying to circumvent established processes and procedures in CAC.”

Hussaini emphasized the commission’s unwavering determination to pursue individuals attempting to manipulate or evade its regulations. “We are ready to go after anyone trying to flout our rules in order to strengthen the system for the benefit of the economy,” he affirmed.

Read: FG ‘Hands Over’ 2,200 NSCDC Operatives to Solid Minerals Minister, Dele Alake

About The Author

Related Articles

Despite Empty Booth Setback at TICAD9, Tinubu Regime Falsely Claims Japan Approved ‘Special Visa’ for Nigerians in Kisarazu
NewsPolitics

Despite Empty Booth Setback at TICAD9, Tinubu Regime Falsely Claims Japan Approved ‘Special Visa’ for Nigerians in Kisarazu

As Nigeria’s global image struggles to recover from an avoidable embarrassment after...

Nigerian Passport
NewsTravel

Nigeria’s Passport Hike: How Rising Fees and Western Influence Are Pricing Ordinary Nigerians Out of Global Travel

Nigeria’s recent decision to raise the cost of international passports has sparked...

News

Russia Proposes Establishment Of Nuclear Power Plant in Niger

Russia has proposed building a nuclear power plant in Niger, offering broad...

Rose Gidado, Dual Regulator and Bill Gates-Funded TELA Maize Advocate, Defends GMO Safety With ‘We Won’t Poison Our Own People’
AgricultureNews

Rose Gidado, Nigeria’s GMO Regulator and TELA Maize Advocate, Defends Safety – ‘We Won’t Poison Our Own People’

Rose Gidado, Director at the Department of Agricultural Biotechnology of the National...