The Corporate Affairs Commission says it has uncovered one hundred and eighty nine fake companies used to secure land allocations in the Federal Capital Territory.
The Registrar General of the commission, Hussaini Magaji, who disclosed this during a news briefing on Tuesday in Abuja, stated that the discovery was made following a complaint from the Federal Capital Territory Administration to verify the status of a non-existing company seeking land allocation.
He explained that the discovery of the non-existent company led him to investigate further, resulting in the identification of other companies.
He noted, “The nature of their crime is they create fake entities through connivance with some lawyers claiming to be accredited agents of the commission and staff of Abuja geographical information system and apply for land at the FCT, manoeuvring their ways to a priority application over existing application in other to take over lands and they have been quite successful before we discovered it.”
“As of yesterday we arrested two suspects including a lawyer and we are interrogating them to get more information and clampdown on other members of this cartel.”
Magaji added that two suspects including a lawyer have been apprehended and a cartel involving staff of Abuja Geographical Information System, lawyers, and the commission have been identified.
Explaining their mode of operations, the CAC boss said the cartel manoeuvred the land process to make their applications for land allocation priority over existing applications aiding land fraud in the capital city.