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Atiku Denies Relationship With Intels

Posted by Samuel on Sun 03rd Dec, 2023 - tori.ng

It was reported that Atiku is a beneficiary of the decision to rescind the contract cancellation between Intels and the federal government.

 Atiku Abubakar

Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 elections, has denied having any relationship with Integrated Logistic Services Nigeria Limited (Intels).

It was reported that Atiku is a beneficiary of the decision to rescind the contract cancellation between Intels and the federal government.

Reacting to the report in a post on his official Twitter account on Sunday, Atiku stated that he sold his shares in Intels in 2020 and also made his exit from the company public in January 2021.

“In January 2021, I made public the sale of my shares in Intels to the parent company, Orlean Investment Group.

“The phased sale of those shares that commenced in 2018 peaked in December 2020. Intels also made public my exit from the oil and gas logistics company, meaning that a different entity now owns those shares I sold.

“My divestment from the company that I co-founded has not been reversed. Consequently, I can’t, by any stretch of the imagination, be a beneficiary of the reinstatement of the boat pilotage monitoring business that was taken away from Intels by the Federal Government.

“Therefore, the insinuation that I’m a beneficiary of the decision to rescind the cancellation of the contract between Intels and the FG is untrue and should be seen for what it is: mischief,” he wrote.



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