The Corporate Affairs Commission (CAC) has dismissed allegations that it illegally tampered with the records of Abuja-based firm, Jonah Capital, describing the claims as false, misleading and a deliberate act of blackmail.

The Commission reacted to a social media publication alleging that the National Assembly was set to probe the CAC Registrar over purported manipulation of the company’s records.

In a statement signed by Management and dated December 13, 2025, the CAC said it had been inundated with calls following the report, stressing that the allegations were baseless and intended to undermine lawful regulatory actions.

It reads: “The allegation that the Corporate Affairs Commission (CAC) illegally tampered with the records of any company is false, misleading, and a deliberate act of blackmail.

“The era of illegal or arbitrary alteration of company records is long over.

“Under the Companies and Allied Matters Act (CAMA) 2020, the law has expressly empowered the Commission to correct, rectify, and regularise records where illegality, falsification, or non-compliance is established, and to do so lawfully, transparently, and in real time.

“Accordingly, any intervention by the Commission in a company’s records is carried out strictly within the confines of the law, following due process, verifiable documentation, and audit trails.”

The Commission emphasised that it neither acts arbitrarily nor derives any benefit from altering company records, noting that all actions taken are guided strictly by statutory provisions.

According to the CAC, where investigations reveal that company records were fraudulently procured, illegally altered or improperly maintained, the Commission is legally obligated to correct such anomalies in order to safeguard investors, creditors and the integrity of Nigeria’s corporate registry.

It added that the Companies and Allied Matters Act, 2020, clearly mandates the Commission to intervene when irregularities are established, describing such actions as regulatory duties rather than discretionary conduct.

The CAC further warned that attempts to malign its operations through unfounded accusations would not deter it from carrying out its responsibilities.

The Commission reaffirmed its commitment to transparency, accountability and the protection of Nigeria’s business environment, stressing that the sanctity of company records remains non-negotiable.

It urged the public and stakeholders to disregard misleading narratives, assuring that Nigeria’s corporate registry is managed under strict legal and institutional safeguards designed to promote investor confidence and corporate governance.