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The Corporate Affairs Commission (CAC) has convicted one Abubakar Sadiq Aremu to four years imprisonment over cheating and forgery of the commission’s receipts.
The accused, who pleaded guilty to the offence, was arraigned on March 21, before Upper Area Court Mpape Abuja, and was therefore sentenced by the presiding judge.
In a statement by the CAC management, the convict was accused of uploading forged receipts to pay a company’s annual return on the CAC portal.
Speaking on the judgment, the Registrar-General/CEO of the Corporate Affairs Commission, Hussaini Ishaq Magaji, described the development as a big boost to his efforts to stem the activities of criminals trying to circumvent established processes and procedures in CAC.
The CAC boss, therefore, said the commission was ready to go after anyone trying to flout its rules to strengthen the system for the benefit of the economy.
