In a significant legal intervention, the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has issued a directive to the Corporate Affairs Commission (CAC) to reverse recent alterations made to the filings of two prominent Abuja-based companies.
AGF Halts Prosecution, Orders CAC Reversal
The directive, dated December 30, 2025, was communicated by the Director of Public Prosecutions of the Federation (DPPF), M. B. Abubakar, acting on behalf of the AGF. It specifically targets changes made to the corporate records of Jonah Capital Nigeria Limited and Houses for Africa Nigeria Limited.
This decision follows a comprehensive review of investigation files submitted by the Nigeria Police Force. The review included reports from the Inspector-General of Police (IGP) Monitoring Unit and an earlier Special Investigation Panel (SIP).
Criminal Charges Discontinued Against Investors
After his review, the Attorney-General found "no basis for criminal prosecution" against the individuals previously accused by the police. Sir Samuel Esson Jonah, Mr. Kojo Ansah Mensah, Mr. Victor Quainoo, and Mr. Abu Arome had been accused of fraud and forgery concerning the ownership of the River Park Estate.
The DPPF's correspondence stated clearly that "No prima facie case of forgery and other related offences as contained in Charge No: CR/402/25 has been established against the aforementioned individuals." Consequently, the 26-count charge earlier announced by the police has been formally discontinued.
This ruling effectively overturns the findings of the IGP Monitoring Unit, led by CP Akin Fakorede, which had publicly accused the Ghanaian investors of criminal conduct during a press conference on June 26 and 27, 2025.
CAC Actions Deemed Irregular, AGF Demands Restoration
Beyond the criminal case, the AGF addressed serious concerns about administrative conduct at the CAC. The Ministry of Justice noted that on December 8, 2025, the Commission proceeded to alter the shareholding structure of the two companies.
Critically, these changes were made despite ongoing court proceedings and formal notices from the Office of the AGF advising against such action.
In response, the AGF has directed the Registrar-General of the CAC, Hussaini Ishaq Magaji, to restore the ownership and shareholding of Jonah Capital Nigeria Limited and Houses for Africa Nigeria Limited to their original state—the status quo ante—before the disputed alterations were made.
Police Ordered to Investigate Fresh Allegations
The Attorney-General's review also highlighted that other serious allegations, including destruction of property, criminal intimidation, and assault allegedly carried out by individuals, had not been properly investigated.
Accordingly, the AGF has directed the Nigeria Police Force to launch a thorough investigation into these claims and submit a detailed report for further review. The police have also been instructed to ensure peace and security within River Park Estate, allowing residents to enjoy their properties without any form of harassment.
This series of directives from the nation's chief law officer brings a decisive close to a highly publicized corporate dispute while reaffirming the primacy of due process and legal oversight over administrative and police actions.
