News Investigators/ The Corporate Affairs Commission (CAC) has announced it will sanction officers found guilty of violating its standard operating procedures regarding applications.
In a circular issued on Tuesday, the commission expressed concern over reports alleging that some officers were fast-tracking applications at the expense of others, in violation of its guidelines.
The CAC stated that it was taking the allegations seriously and had launched an investigation to identify and penalise any staff members involved in such misconduct.
“The commission does not take the allegations lightly and is investigating them thoroughly to ensure anyone involved in violating its guidelines and standard operating procedures is held accountable,” the circular read.
The CAC also encouraged customers and the public to submit any evidence of wrongdoing by its officers, assuring that appropriate disciplinary measures would be taken, regardless of the officer’s rank.
“Customers and the public are urged to submit any incriminating evidence against erring officers, regardless of their position, so that appropriate disciplinary action can be taken,” the commission said.
The commission emphasised that all applications are processed fairly on a first-come, first-served basis, with some paid services available for same-day processing through the Companies Registration Portal (CRP).
In its ongoing commitment to transparency and efficiency, the CAC revealed plans to implement Artificial Intelligence (AI) to streamline the registration process and reduce human interference.
“This initiative aligns with global best practices and highlights the commission’s commitment to delivering prompt and efficient service to its customers,” the statement added.
The CAC reassured stakeholders of its dedication to fair and transparent operations, calling for patience and cooperation as it continues to improve its services.
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