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International Container Terminal Services Not Affiliated To Africa's Richest Man, Dangote, Company Says Amid Corruption Allegation

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. ....

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ICTSI Faults Online Report, Says Firm not Owned by Dangote

A global port management company, International Container Terminal Services Inc., has refuted a report published by an online news platform, Sahara Reporters, linking it with Africa’s richest man, Aliko Dangote.
In a letter addresed to the online platform, ICTSI made reference to a report with the headline: “How Suspended NPA Boss, Hadiza Usman Awarded Coastline Terminals to Dangote’s Proxy Company In Shady Deal,” stating that its has no relationship with Dangote.
Signed by its Senior Vice President, Hans-Ole Madsen, the letter stated: “We would like to clarify that International Container Services Inc. (ICTSI) is a Philippine publicly listed independent company engaged in operations in 33 ports on 6 continents. ....

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