It dismissed reports that the company owned by Dangote was allegedly involved in a shady deal that involved the suspended Managing Director of the Nigeria Ports Authority (NPA), Ms Hadiza Bala-Usman.
Reports had said in 2020, some coastline terminals, formerly operated by Integrated Logistics Services’ (INTELs) in Onne ports complex, Rivers State, were confiscated and subsequently awarded to Dangote Group through a proxy company, ICTSI Nigeria Limited.
However, Madsen in the statement said: “We would like to clarify that International Container Terminal Services Inc (ICTSI) is a Philippine listed independent company engaged in the operation of 33 ports on six continents.
“ICTSI ranks as a top-10 port operator in the world. ICTSI is not owned or in any way affiliated with the Dangote Group of Companies.”