Atiku Abubakar accuses Bukhari-led government of destroying his business by selling his shares in Intels
Presidential candidate Atiku Abubakar allegedly sold his stakes in Intels, a company he co-founded with Italian citizen Gabriele Volpi, to provide integrated logistics services to Nigeria’s maritime, oil and gas sectors.
Intels signed an agreement with the Nigeria Ports Authority (NPA) in 2010 to collect revenues on behalf of the federal government agency for some port operations, but the agreement had many problems based on alleged illegality.
In a statement released Monday, January 4 by his spokesman Paul Ibe, the former vice president accused the federal government of running his business.
Insisting that there should be a noticeable difference between politics and business, Atiku added that he is redirecting his investments to other sectors of the economy for profit and job creation.
The declaration is readable;
“Integrated Logistics Services Nigeria Limited (Intels) co-founder Atiku Abubakar has sold his stakes in Intel over the years.
“In the past five years, this issue has become more pressing as this government was concerned about the destruction of a legitimate company that employed thousands of Nigerians because of politics.
“He sold his stakes in Intel and redirected his investments to other sectors of the economy to generate profits and create jobs.”