SAMBO REFUTES ANY STAKE IN KAEDCO
"It is totally untrue, malicious and unfounded".
"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”.
Following insinuations in certain media outfits that former Vice President, (Arc.) Mohammed Namadi Sambo owns shares in the Kaduna Electricity Distribution Company, KAEDCO, the one time Governor of Kaduna state has refuted the report.
Sambo, in a statement he personally signed and issued in Kaduna, described the reports as a ‘total falsehood and fallacy’.
According to Arc. Sambo, the story linking him to ownership of Kaduna Electric Power Distribution Company of Nigeria (KAEDCO) by proxy, is totally untrue, malicious and unfounded.
In the statement, Sambo said; “my attention has been drawn to an online story published by Daily Post on a query issued by the Nigerian Electricity Regulatory Commission to the Power Distribution Companies. The story alleged that l own Kaduna Electric Power Distribution Company of Nigeria (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", he said.
"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”.
"As the Chairman of the Privatization 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", Sambo further stated.
The former Vice President therefore, demanded a rebuttal of the story and public apology by the authors and publishers of the story within one week.
"I demand for an unreserved apology from the authors and publishers of the injurious story within one week", he said.
He therefore urged the media to desist from propagating fake and unsubstantiated news while ensuring professionalism at all times and to also, punish reporters who report falsehood.
Sambo advised members of the fourth estate to uphold the principles and ethics of the noble profession at all times.
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