Former VP, Namadi Sambo Denies Ownership Of KAEDCO

October 11, 2019
210 Views

Former Vice President, Namadi Sambo has described as “total falsehood and fallacy’’ story linking him to the ownership of Kaduna Electric Power Distribution Company of Nigeria (KAEDCO).

Sambo stated in a statement he personally signed on Friday in Kaduna.

He said that his attention had been drawn to an online publication on a query issued by the Nigerian Electricity Regulatory Commission (NERC) to Power Distribution Companies.

“The story alleged that l own KAEDCO through a proxy.

“l wish to state unequivocally that the story is totally untrue, malicious and unfounded.

“The story is aimed at bringing my reputation to disrepute.

“For the records, I do not own a single share in the company or any of the public privatised companies under my watch either directly or through a proxy,’’ he said.

Sambo added:”As the chairman of the Privatisation Council and indeed as public servant, l discharged my duties responsibly in accordance to laid down rules and procedures and in the interest of the nation.”

He demanded rebuttal of the story and a public apology by the authors within one week and urged the media to desist from propagating fake news.

He also advised journalists to uphold the principles and ethics of the noble profession at all times.

(NAN)

You may be interested

Arsenal Equal Chelsea’s London Derby Feat After 5-1 Win Vs Palace
Sports
Sports

Arsenal Equal Chelsea’s London Derby Feat After 5-1 Win Vs Palace

Webby - December 21, 2024

Arsenal equaled Chelsea’s London derby achievement following their 5-1 win against Crystal Palace in Saturday’s Premier League game at Selhurst…

Haaland Backs Guardiola To Turn Man City’s Poor Form Around
Sports
Sports

Haaland Backs Guardiola To Turn Man City’s Poor Form Around

Webby - December 21, 2024

Erling Haaland had said he and his Manchester City teammates are still backing manager Pep Guardiola to turn the team’s…

PSG To Reignite Interest In Osimhen
Sports
1 views
Sports
1 views

PSG To Reignite Interest In Osimhen

Webby - December 21, 2024

Paris Saint-Germain have contacted Napoli to discuss signing Victor Osimhen in January, according to reports in France.It is reported that…

Leave a Comment

Your email address will not be published.