People Daily | by Lewis Njoka
Companies have only 18 days to furnish the government with a list of beneficial owners in a move aimed at curbing corruption, money laundering and terrorism.
Failure to disclose the information, as required by the Section 93A of the Companies Act 2015, could lead to legal action.
Business Registration Service (BRS), the government office mandated with overseeing the companies registry, gave firms up to January 31, 2021, to lodge a register of beneficial owners with the Registrar of Companies…
