Reps to probe CAC Registrar General over alleged tampering with Jonah Capital records (Video)

The House of Representatives has moved to probe the Registrar-General of the Corporate Affairs Commission (CAC), Hussaini Ishaq Magaji, SAN, over allegations of unlawful tampering with the corporate records of Jonah Capital Nigeria Ltd and Houses for Africa Nigeria Ltd.

The probe followed a petition submitted to the Green Chamber accusing the CAC boss of altering company records to favour a contending party in a bitter ownership dispute.

The petition was laid at plenary by Hon. Muktar Tolani Shagaya (Ilorin West, Kwara State) during a session presided over by Deputy Speaker, Hon. Benjamin Kalu.

Presenting the petition, Shagaya said it was signed by Kojo Mensah Ansah and accused the CAC Registrar-General of “unlawful expropriation of shares, extrajudicial removal of directors and retrospective invalidation of corporate filings” relating to the two firms.

The Deputy Speaker granted leave for the petition to be formally received and referred.

The controversy is linked to the multi-billion-naira River Park Estate in Abuja, where a long-running ownership dispute has snowballed into a major corporate and regulatory crisis.

In a statement, Jonah Capital’s Chief Executive Officer, Kojo Ansah Mensah, alleged that on December 8, 2025, the CAC Registrar-General unlawfully altered the ownership structure of the two companies, despite a pending court case and a directive from the Office of the Attorney-General of the Federation (AGF) ordering the Commission to halt any changes.

Mensah said the Solicitor-General of the Federation had earlier directed the CAC, on September 24, 2025, to place a caveat on the companies’ records while allegations of forgery against some investors were under review.

According to him, the Registrar-General ignored both the court process and the AGF’s directive, and went ahead with the changes.

He also alleged that during a meeting on December 1, 2025, attended by all parties and officials of the AGF’s office, the matter was clearly declared sub judice, contrary to claims that the investors were absent.

Mensah further claimed that individuals newly listed as directors—Olakitan Ogunmuyiwa and Adeniran Ogunmuyiwa—quickly wrote to banks, including Zenith Bank, demanding the closure of the companies’ accounts, and also notified the Minister of the Federal Capital Territory of an alleged takeover.

“These hurried actions were clearly designed to cripple the operations of the company,” he said.

The investors petitioned the National Assembly and the Attorney-General of the Federation, warning that the CAC’s actions could open the door to hostile takeovers through regulatory manipulation.

Meanwhile, Houses for Africa Nigeria Ltd has disowned Dr. Adeniran Ogunmuyiwa, describing his claim to represent the company as false and misleading.

The company said its lawful directors are Kojo Ansah Mensah, Sir Samuel Esson Jonah, Victor Quainoo and Jonah Nathaniel, adding that Ogunmuyiwa exited the firm years ago after relinquishing his 20 per cent shares under a formal agreement.