OLDESTWARRIBOY:



Make ona two share the one, e no go reach o but make ona manage am o

OLDESTWARRIBOY:
Osinbajo still day talk...Errand boy, after you finish abeg take this 1000 naira buy fuel 800 for the cabal, use the 200 change tey buy suya.

I didn't comprehend what I read but why will you own a company and hide your identity?? It's reeks illegality from afar.

Kwale weed no dey disappoint sha

smallsmall:


The current laws allows and provides walk-around such things.
There are Companies that can register a business and FRONT for you and the law does not require them to disclose the real owners of the company.
That is what V.P Osinbajo is railing about, he knows it and he says it is wrong.
I agree, such Fronting Companies should brought down and the legal loop-holes closed.

But who will close it?
The same "Criminal-Lawmakers" in NASS that benefit from such criminality?
I dont think so

smallsmall:


The fact that you cant comprehend what the V.President means, is perfectly okay, no one knows it all.
But it is strange that even in your ignorance, all you could do is insult a person of such calibre?
Forget that he is even from APC or Yoruba or any other stupid things that you Ipob-pigs like to use to shade him.

Think about the fact that he is a Lawyer, a Professor of Law and the Vice President of Nigeria! I mentioned these things because l figure that they are things you cant relate with, in your own family.
No wonder you don tknow ANYTHING, even the simplest things are diffuclt to comprehend for people whose total time and energy is spent on abusing those who are eons ahead of the best person they can present from thei rown family.

Kontinue, you hear.

Gforce2015:


You can see that your future is completely ruined because you're useless to your lineage, community and the nation....
Enjoy the leftover of your despicable life while the waste away

socialmediaman:
Osibaba knows how to appeal to public emotions, he’s Buhari Government’s facade and a major reason why we’re where we’re here where we are today

raybaba97:


You're obviously not familiar with how corporation's operate.

Mr. A can open a company and through that company loan Mr. B a few billions to open a business. Mr. B's name will be in the commission's records but Mr. A actually owns everything legally.

It'll be kept hush hush by both parties and the commission will know about it if they investigate but won't be able to do anything. it's all shell games bro

It's technically illegal but also legal. nobody can win that kind of case on court and everyone knows.

sapientia:
Does such exist in Nigeria?

Thought every company is registered with CAC with full list of directors.

Please, someone should clarify this for me.

By the way, one of the way to protect whistle blowers is by paying them the agreed money.

Crieff:


There are ways you can register a company that will be 100% yours but your name will not be on CAC registers or database. It is completely legal. However in places like UK/US, the true owner of the company can be found if it gets to such extent.

smallsmall:


The current laws allows and provides walk-around such things.
There are Companies that can register a business and FRONT for you and the law does not require them to disclose the real owners of the company.
That is what V.P Osinbajo is railing about, he knows it and he says it is wrong.
I agree, such Fronting Companies should brought down and the legal loop-holes closed.

But who will close it?
The same "Criminal-Lawmakers" in NASS that benefit from such criminality?
I dont think so

fr3do:
anonymous ownership of companies? that doesn't sound right

registering a company, opening a bank account etc. require the identities of all major shareholders.

franugo:


Hehehe..anything can be done my brother..
I know of one coy dt the main owner is not affiliated to the coy. The signatory actually does not know anything, every time you see him, he's acting like an illiterate. He follows everything dictated to him by the boss to the letter