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#EndSARS: Cooperate Affairs Commission Deregisters Firm Linked To Protest Promoters |The Republican News

Cooperate Affairs Commission complex


The Corporate Affairs Commission (CAC), responsible for the incorporation of organisations and businesses in Nigeria, has announced the cancellation of the registration of Enough is Enough, a business organisation linked to one of the leaders of the #EndSARS protest.


“Further to cancellation of the Business Name registration “Enough is Enough BN 2210728”, the Corporate Affairs Commission wishes to inform the public that the proprietors of the cancelled Business name are:
OPAYEMI ADAMOLEKUN and BISOLA EDUN,” the CAC wrote Wednesday afternoon.


“The name was cancelled based on the provisions of section 579 (2) of the Companies and Allied Matters Act (CAMA).”
Ms Adamolekun, an activist, is the head of a non-governmental organisation, EiE, and is believed to be, alongside the NGO, the main target of the CAC.


The EiE, also called Enough is Enough Nigeria, began operations in January 2011 but was formally registered in July 2012.
The organisation has advocated against human rights violations in the past and actively participated in the #EndSARS protest against police brutality and the excesses of its Special Anti-Robbery Squad (SARS).


The CAC first announced its decision on Tuesday.
In a couple of tweets on Tuesday evening, the CAC announced the de-registration of the business, with immediate effect, stating that the name is deceptive.
“Based on the provisions of Section 579 (2) of the Companies and Allied Matters Act, (CAMA), the Corporate Affairs Commission has cancelled the registration of the Business name “Enough is Enough BN 2210728” with immediate effect.”


The above section provides, amongst others, that the commission has the power to cancel the registration of a Business Name where the name is “deceptive or objectionable.”
According to the government agency, EiE was registered in 2012 to engage in General Contracts, Sales of Sport Equipment/Promotion but has “deviated from its main objectives over the course of time.”


“Consequently, the Commission has removed it from its database and advised the proprietors to surrender the certificate earlier issued to them,” the statement read.
The CAC, however, showed no evidence that the Enough is Enough business deviated from its registration purpose.


Separate registration
Checks by PREMIUM TIMES, however, show that the deregistered business was registered separately from the EiE.
The business cancelled has the registration certificate number (RC) 2210728 and was registered on June 4, 2012, while the NGO was registered as a company limited by guarantee and has its RC as 1047750 and was registered a month later.
The EiE clarified its status in a tweet. The human rights organisation said it was registered as “The EiE Project Ltd/Gte” with RC 1047750 as against what was circulated by CAC.
“A big thank you to those who have reached out & spoken up for us!” the organisation wrote on Twitter, attaching its certificate.


Discrepancies
Although the CAC has before now notified the public about organisations with erroneous registration, this is the first time it is sharing the details across its social media platforms.
Also, the Personal Assistant to President Muhammadu Buhari on new media, Bashir Ahmad, tweeted about the de-registration, suggesting it was something supported or being monitored by the presidency.


“The CAC Nigeria has cancelled the registration of the Business Name ‘Enough is Enough’ with immediate effect. The EiE which was registered in 2012 to engage in General Contracts, Sales of Sport Equipment deviated from its main objectives over the cause of time, the CAC tweeted,” Mr Ahmad on Twitter.


However, checks revealed that the commission may have used a repealed law to deregister the organisation.
The CAC referenced section 579(2) of the old Companies and Allied Matters Act 1990 (and its amendments), which has been repealed by section 869(1) of the extant Companies and Allied Matters Act 2020, which was signed by the President on 7 August 2020. The new law came into force on that day.
“Subject to the provision of this section, the Companies and Allied Matters (Amendment) Act 1990, the Companies and Allied Matters (Amendment) Act, 1991, the Companies and Allied Matten (Amendment Act, 1992 are, on the commencement of this Act, repealed,” the new law says.


Nonetheless, when contacted for clarification, Laraba Shuaibu, the spokesperson of the CAC she said she is not aware of the de-registration of any company.
“I’m not aware of it,” she said via telephone.


Clampdown?
The de-registration comes at a time the federal government has taken repressive actions against protesters and promoters of the #EndSARS campaign.
Recently, the passport of a lawyer, Modupe Odele, was seized by the Nigeria Immigration Service (NIS), preventing her from travelling abroad. It was returned days after the service said it has concluded its investigations.
Also, the Central Bank of Nigeria (CBN) obtained an ex parte order to freeze the accounts of 20 individuals and an organisation linked to the #EndSARS campaign.


According to details of the order obtained by PREMIUM TIMES, the request, filed by the apex bank on October 20, was granted by Ahmed Mohammed, a judge.
The court order was addressed to the head offices of Access Bank, Fidelity Bank, First Bank Nigeria, Guaranty Trust Bank, United Bank of Africa, and Zenith Bank.
Amongst those affected are Bolatito Racheal Oduala, Chima David Ibebunjoh, Mary Doose Kpengwa, Saadat Temitope Bibi, Bassey Victor Israel, Wisdom Busaosowo Obi, Nicholas Ikhalea Osazele, Ebere Idibie, Akintomide Lanre Yusuf, Uhuo Ezenwanyi Promise and Mosopefoluwa Odeseye.
Gatefield Nigeria Limited, owners of Gatefield, an advocacy group that supported the media coverage of the protest by providing funds to journalists, had its Access Bank account frozen.


In addition, several persons have been illegally detained by the police in Lagos, Osun and the FCT without trial. These actions have, however, been largely condemned by activists and legal experts across the country. (Premium Times)

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Churches, Mosques Must Submit Details Of Their Finances To CAC —FG Replies CAN |The Republican News

CAC Registrar Genereal, Garba Abubakar

By Admin

The Corporate Affairs Commission (CAC) has said that there will be no going back on the new Company and Allied Matters Act (CAMA). CAC said the new act has come to stay in the country despite the public outcry that has greeted it.

The Commission said it was only waiting for the legislature to gazette it for immediate implementation of the law.

The CAMA bill was recently signed into law by President Muhammadu Buhari, and was included in his list of achievements for the last one year.

The Christians Association of Nigeria (CAN), had recently described CAMA as satanic, demanding that the President halts the implementation of “the obnoxious and ungodly law until religious institutions are exempted from it.”

The CAC Registrar-General, Alhaji Garba Abubakar, while speaking to Commerce Correspondents Association of Nigeria (CICAN) in Abuja yesterday wondered why the act was being opposed by religious bodies, especially the churches.

“They must henceforth subject their finances and expenditures for proper auditing, and copies sent to us at the CAC,” he said.

He explained further, “The new legal framework applies to all organizations registered with us; be it a religious organisation, NGO or CSO.

“Remember that they also have constitutions guiding them. The criteria to be a trustee of registered organisations are clearly spelt out in the laws establishing them.

“How is it that a registered member who qualifies to be a trustee in an organisation would not want government to know how the organisation is run? What are the responsibilities of the trustees?

“What are the responsibilities of the governing council or the board? How do you manage the affairs of the organisation? How do you use or expend the income and properties of the organisation? How do you appoint members of the governing board? These are the issues the new CAMA has come to address.”

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