THE Corporate Affairs Commission has unveiled a Beneficial Ownership Register platform, in a bid to enhance the Buhari administration’s anti-corruption efforts.
This was made public following the platform’s unveiling in Abuja by the CAC Registrar General, Alhaji Garba Abubakar.
He said this will make it simple to look up information on people with significant control.
The CAC Registrar said, “The portal is an automated platform where PSC records compiled by CAC are saved and made available for use by the general public as well as the government, according to Oasis Management Company, the company that developed the BOR.”
According to him, the worldwide standard of beneficiary ownership data standards, which is governed by the World Bank, provides a search feature and details on persons with significant control.
Abubakar noted that the unveiling of the platform was in line with President Muhammadu Buhari’s commitment to fighting corruption and ensuring transparency.