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International Container Terminal Services Not Affiliated To Africa s Richest Man, Dangote, Company Says Amid Corruption Allegation
The company, in a statement signed by its Senior Vice President, Hans-Ole Madsen, said it is publicly listed independent company in the Philippines.
by SaharaReporters, New York
May 10, 2021
The International Container Terminal Services Inc has denied that it is owned or has affiliation with Africa s richest man, Aliko Dangote.
The company, in a statement on Sunday sent to SaharaReporters, and signed by its Senior Vice President, Hans-Ole Madsen, said it is publicly listed independent company in the Philippines.
SaharaReporters had reported how the suspended Nigeria Ports Authority Managing Director, Hadiza Bala, was involved in a clandestine ploy to short-change a company in favour of Dangote, as documents obtained by SaharaReporters revealed.
Suspended Nigeria Ports Authority Manager, Hadiza Bala, was involved in a clandestine ploy to shortchange a company in favour of Africa’s richest, Aliko Dangote, documents obtained have revealed.
Last year, some coastline terminals formerly operated by Integrated Logistics Services’ (INTELs) in Onne ports complex, Rivers state, were confiscated and subsequently awarded to Dangote through a proxy company, International Container Terminal Services (ICTS) Nigeria limited.
Onne Port Complex is the one of the largest Oil and Gas Free Zone in Africa, where major industry players from the exploration up to the completion phases operate.
The complex has two major terminals namely the Federal Ocean Terminal (FOT) and Federal Lighter Terminal (FLT).
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