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Investigative ReportsPolitics

I didn’t set up my businesses with looted funds – Atiku

Uchenna Mbam
Last updated: September 8, 2017 6:32 am
By Uchenna Mbam
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Atiku Abubakar
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Former vice president, Atiku Abubakar, has denied setting up his businesses with looted money.

Atiku also denied that contrary to rumours making the rounds, he does not own generator manufacturing company, Mikano International Limited.

He revealed this while engaging with some Twitter users on Thursday.

One user @izz_korede had said: “After I heard that Atiku is the owner of Mikano, it dawned on me that if he becomes president the whole Nigeria would be in pitch darkness.”

Atiku replied: “Young friend, this is not true, but you tweet it all the same. I own bigger companies and they’re known publicly, why would I deny this one?”

When another user @adewoleade ‎tweeted: “The companies u own were set up by looted funds. From 1999-2007,” Atiku responded with the names of the companies he owns and when they were founded.

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“1. NICOTES (now Intels) founded in 1989. 2. Prodeco, 1996 2. My farm, 1982. 3. ABTI schools, 1992,” he wrote.

Still on the thread, another user @ola2allwrote: “Above listed companies was not viable until u bcome VP. Only gullible w fall for ur tricks and sweet talk.”

Atiku then said: “Intels was already Nigeria’s biggest indigenous oil & gas logistics firm before 1994. This is why military government tried to seize it.”

Atiku has been rumoured to be preparing to run in the 2019 presidential race. He, however, has not made his intentions public.

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