- Namadi Sambo has described as false report that he owns the Kaduna Electric Power Distribution Company
- The former vice president said the report is aimed at bringing down his reputation
- Sambo said he does not own a single share of the company even as chairman of the privatisation council
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.
Meanwhile, the wave of corruption in Nigeria is not as reckless as it was in the past, Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission (EFCC), has said.
Magu made the assertion in a chat with newsmen during a visit to the commission’s Makurdi office.
Legit.ng gathers that the EFCC boss also stated that governors are now more careful in attending flashy parties at home or abroad.
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