Former Vice President Atiku Abubakar has refuted charges that he benefited from the Federal Government’s recent decision to reverse the cancellation of a logistical contract between Intels, a business he co-founded, and the Nigerian government.
Atiku stated that the explanation was necessary due to rumours floating around that the resumption of the contract with Intels was part of a settlement accord from which he stood to benefit.
On Sunday, he posted a series of tweets on his X (previously Twitter) handle.
The Peoples Democratic Party (PDP), Presidential candidate in the 2023 elections, said, “In January of 2021, I made public the sale of a major chunk of my shares in the Integrated Logistics Services Nigeria Limited (Intels) to Orlean Investment Group, the parent company of Intels.
“The phased sale of those shares that commenced in 2018 reached its peak in December of 2020. Intels also made public my exit from the oil and gas logistics company, meaning that those shares I sold are now owned by a different entity.
“My divestment from the company that I co-founded has not been reversed. Consequently, I cannot by any stretch of imagination, be a beneficiary of the reinstatement of the pilotage monitoring business that was taken away from Intels by the Federal Government.
Therefore, the insinuation that I am a beneficiary of the decision to rescind the cancellation of the contract between Intels and the Federal Government is untrue and should be seen for what is: mischief.