Bauchi Governor’s Name Removed From Company’s Directors, Shareholders
POLITICS DIGEST – The name of Bauchi state governor, Bala Mohammed, has been taken off the list of directors and shareholders of a company which got a controversial N3.6 billion vehicle supply contract in a fraudulent filing which backdated processes.
This was contained in an investigation by PREMIUM TIMES.
The digital newspaper first exposed Mr Mohammed’s involvement with Adda Nigeria Limited, a company he co-owns with a close friend of his, Abdullahi Yari, in a series of stories published in February.
The stories caused ripples and condemnation, with lawyers and activists questioning legality and morality of the action, which contravenes Nigerian laws.
A spokesperson for Mr Mohammed at the time denied any wrongdoing and a government statement later claimed the Bauchi governor was not the Bala Mohammed Abdulkadir listed as director and shareholder of the company.
Months of fresh investigations and search at the Corporate Affairs Commission (CAC), the government agency responsible for licensing and regulating companies in Nigeria, reveal a surreptitious operation leading to the removal of Mr Mohammed’s name from the company.