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CAC dismisses claims linking cyberattack to DAAR Communications data alteration

CAC to delete inactive companies in 90 days

The Corporate Affairs Commission has dismissed allegations that it altered the records of DAAR Communications PLC following a recent cyberattack on its system.

In a public notice posted on its X account on April 29, 2026, the Commission clarified that its database was not manipulated.

The clarification follows reports claiming the cyber incident may have compromised company information on its online portal.

The Commission further noted that it had already initiated steps to investigate the dispute in line with its statutory responsibilities.

“The attention of the Corporate Affairs Commission (CAC) has been drawn to an online publication alleging manipulation of the records of DAAR Communications PLC on the Commission’s portal, purportedly as a result of the recent cyberattack on our system

“The allegation is false and misleading. No data of any company was manipulated, tampered with, or altered.

“The integrity of all records on our portal remains intact, secure, and fully protected. Shareholders of DAAR Communications PLC have been in dispute over the ownership structure of the company since 2024,” commission said.

The CAC further noted that it had already initiated steps to investigate the dispute in line with its statutory responsibilities.

The Commission stated that the ownership dispute involving DAAR Communications PLC began in 2024.

It said the matter was brought to its attention through a formal complaint filed by one of the shareholders, which led to regulatory action.

According to the Commission, it subsequently used its statutory authority to investigate the issue and invited all relevant parties to arbitration earlier in 2026.

It further advised media organisations to ensure proper verification of information before publication, noting that accurate and balanced reporting is crucial to maintaining public trust and investor confidence.

DAAR Communications Plc and DAAR Investment & Holding Company Limited had earlier raised concerns over alleged fraudulent changes to shareholding records on the CAC portal.

The allegations were contained in a statement signed by the company’s Chairman, Raymond Dokpesi Jr., and reported by Africa Independent Television on April 29, 2026.

The company called for an immediate forensic investigation into what it described as serious irregularities within the corporate registry system.

It stated that its verified 2024 records show DIHL holding 4,890,523,000 shares, representing 61.13 per cent, a position it insists has remained unchanged.

DAAR further alleged that recent entries on the CAC portal indicate an increase in DIHL’s shareholding to 5,016,418,000 shares, describing this as an unexplained rise of over 125 million shares.