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CAC averts N500b suit, restores Ohanaeze faction’s certificate

The Corporate Affairs Commission (CAC) has restored the Certificate of Incorporation of Ohanaeze Ndigbo General Assembly Worldwide, a faction of Ohanaeze Ndigbo, earlier withdrawn by the commission.

ElombahNews had, on July 2, 2020, reported that the Certificate of Registration issued to the Trustees of Ohanaeze Ndigbo General Assembly was canceled by CAC Management.

The cancelation of certificate of Registration was contained in a statement dated 29th day of June, 2020 signed by the Management of Commission and obtained by this medium.

In the statement, it was noted that the Certificate was wrongly issued to the Trustees.

Read also: CAC Cancels Ohanaeze Ndigbo General Assembly’s Certificate Of Registration

On July 29, 2020, the Nigerian government announced that it had withdrawn the certificate of registration of Ohanaeze Ndigbo General Assembly, the Arewa Consultative Forum (ACF), among others over security clearance.

The deregistration was announced in Abuja by Garba Abubakar, the CAC Registrar General.

Abubakar said the action formed part of reforms by the Commission to subject applications by these organizations to proper checks on the back of potential security threats from such registrations.

His statement came on the heels of a statement by the Department of State Security Services warning about a plot by some individuals and groups to destabilize the country.

Read also: FG Deregisters Ohanaeze, Arewa, Others over Security Concerns

However, in a letter dated 20th October, 2020, and addressed to the Chairman of the Ohanaeze Ndigbo General Assembly, Barr. Basil Onyeachonam Onuorah, CAC retracted its step to avoid a N500 billion litigation.

In the letter signed by one Femi Ogunlade on behalf of the Registrar – General, CAC notified of the restoration the certificate of the Association.

The letter, titled “Reinstatement Of Certificate Of Registration:  Incorporated Trustees Of Ohanaeze Ndigbo General Assembly -IT: 144918” reads in part:

“Based on the undertakings by the trustees of the Association to withdraw the suit filed against the learned Registrar-General of the Commission and to run the association in line with its registered objectives, the Commission has accepted apologies offered by your secretary and solicitor denouncing the petitions earlier forwarded to the Economic and Financial Crimes Commission (EFCC) and the Department of State Security Service (DSS).

“You are by this letter notified that the Commission has restored the certificate of the Association.” [See the letter attached below]

Reacting to the development, the President General, Ohanaeze Ndigbo General Assembly Worldwide said that “this is a victory for Democracy and Rule of law”.

In a short statement made available to ElombahNews, Barr. Onyeachonam Onuorah said:

“Ohanaeze Ndigbo General Assembly Worldwide is pleased to inform the general public that the Corporate Affairs Commission [CAC] has restored the organization’s Certificate of Incorporation earlier withdrawn by the commission.

“The Corporate Affairs Commission CAC notified Ohanaeze Ndigbo General Assembly Worldwide of the certificate reinstatement in a letter signed by the commission, dated today being 20th of October 2020.

“We have also discontinued our 500bn civil suit against the commission with suit number FHC/ABJ/CS/790/2020.

“This is a victory for Democracy and Rule of law.”

Find the attached document below:

CAC, Ohanaeze CAC, Ohanaeze

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