FG Not Hindering Our Business, Intels Rejects Atiku’s Claim
Integrated Logistics Services Limited (Intels) says its business is not hindered by political influences from the President Muhammadu Buhari-led government.
Recall that Intels severed ties with its co-founder, former Vice President Atiku Abubakar on Monday, after the latter sold his shares in Intels’ parent company, Orlean Invest Holding.
The transactions were executed through Guernsey Trust, in deals that began in December 2018 and concluded in 2020.
Confirming his divestment from the company through his media aide, Paul Ibe, the former vice president blamed Buhari’s government for trying to destroy the company because of political differences.
“It assumed greater urgency in the last five years, because this Government has been preoccupied with destroying a legitimate business that was employing thousands of Nigerians because of politics,” Ibe had said in a statement.
However, in a statement by Intels spokesman, Tommaso Ruffinoni, on Tuesday, the company said its decisions had been devoid of political considerations.
It stated that it had always operated according to market logic.
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