You lied, Intels Tells Atiku on Business Sabotage Claims

The company says “The ongoing contradictions are part of a natural commercial divergence [with the government], which will hopefully be resolved.”

Intels Nigeria Ltd., an oil and gas logistics company, on Tuesday, denounced a statement by former Vice-president Abubakar Atiku that its business has been hindered by political influences from the present government as untrue according to a NAN report.

The company which on January 4, Intels announced its severance of ties with the former VP, said that the action was precipitated by the latter’s divestment of his interests in Intels’ parent company, Orlean Invest Holding through Guernsey Trust, in deals that began in December 2018 and concluded in 2020.

However, Alhaji Abubakar, though confirmed his divestment from the company, blamed President Muhammadu Buhari’s administration for trying to destroy the company because of political differences.

Denouncing Atiku’s claim, the spokesman for Intels Nigeria Limited–Orlean Invest Group, Tommaso Ruffinoni, said the company’s decisions had been devoid of political considerations as it had always operated according to market logic.

“Intels Nigeria Limited and its parent company, Orlean Invest Holding, in relation to some statements that appeared in the press yesterday and today, categorically deny that its business has at some time been hindered by political influences from the current government.

“The company has always operated according to market logic, thanks to its history and commitment to the development of the Nigerian economy in the oil and gas logistics sector.

“The ongoing contradictions are part of a natural commercial divergence, which will hopefully be resolved, as in the past, by a new approach, in the interest of all the parties, also according to the social role that Intels plays in the country,” the company said in a statement released in Lagos.

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