It has been revealed that Prince Uche Secondus, the chairman of the Peoples Democratic Party, may have helped Atiku Abubakar clinch the ticket of the party at the Port Harcourt convention because Atiku had dashed him a seat on the board of Intels.
According to a report by PMNEWS, the bigwigs in the Peoples Democratic Party (PDP), who also contested for the ticket, Senate President Bukola Saraki, Governor Aminu Tambuwal of Sokoto, Senator Rabiu Kwankwaso were deceived at the convention about the existence of a level playing field.
Documents from Corporate Affairs Commission now show that Atiku had compromised Secondus by offering him a seat on Intels, which reportedly grosses an average of N300billion every year.
The latest financial statements of Intels for the year 2017 show the board of directors as: Nasir Ado Bayero, Chairman; Prince Uche Secondus, Director; G. Volpi,Director; Andrea Caroll, Director. While Orlean Invest Holdings, the mother company which has Intels as subsidiary has on its board Atiku Abubakar. A. Carillo. G. Volpi. Gian Angelo Perrucci and D. Miskovic.
Throughout 2017, Atiku through Intels was funding PDP working with Secondus, according to sources.
Intels Nigeria Limited, INL is owned by Atiku who has the largest share. INL is allowed to collect revenue on behalf of Nigerian Ports Authority.(NPA).
From 20 per cent it went up to 28 per cent. Intels later wanted its commission increased to 35 per cent but that was rejected by government.
Atiku raked in billions year in year out from 2010 when the 28 per cent deal was signed.
Atiku is now desperate to keep this sweet deal beyond 2020 when the deal expires.
Buhari with the introduction of Treasury Single Account and the revelation of the dubious adjustments will not renew Intels contract and Atiku knows.
Intels Nigeria Limited provides integrated logistics services for the Nigerian Oil and Gas Industry.
The organization has 30 years of experience in port management and support services in shore bases across Nigeria.
Intels monopoly to collect all revenue on behalf of NPA is about to be broken forever by Buhari after the expiration in 2020.