Atiku Abubakar, the former vice president, claims he is not associated with Integrated Logistic Services Nigeria Limited (Intels).
He made this statement on Sunday via X.
According to News24 Nigeria, this was done in response to rumors that he stands to gain from the federal government and Intels’ decision to revoke their contract.
However, Atiku claimed to have sold the parent company, Orlean Investment Group, his shares in the co-founded Intels in December 2020 and announced his departure from the business in January 2021.
He said that his decision to leave the company had not been undone.
He emphasized that the federal government’s decision to restore the boat pilotage monitoring business that Intels had lost does not benefit him.
“In January 2021, I made public the sale of my shares in Integrated Logistic Services Nigeria Limited (Intels) to Orlean Investment Group, the parent company of Intels.
“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 cannot, 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 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 it is: mischief,” he wrote.