For a seat on the baord of the N300 Billion annual revenue earning Intels company belonging to Atiku, the PDP chairman
Documents from the CAC reveal the changes made and the timing.
The latest Financial Statements of Intels for the year 2017 show the board of directors as:
▪Nasir Ado bayero - Chairman.
▪Prince Uche Secondus - Director.
▪Andrea Caroll - Director.
While Orlean Invest Holdings, the mother company which has Intels as subsidiary has on its board:
▪Atiku Abubakar
▪A. Carillo
▪G. Volpi
▪Gian Angelo Perrucci and
▪D. Miskovic.
Throughout 2017 Atiku through Intels was
Intels Nigeria Limited, INL is owned by Alhaji Atiku Abubakar who has the largest share. INL is allowed to collect revenue on behalf of NPA.
From 20% it went up to 28%. Intels later wanted their commission increased to 35% but that was
In all, Atiku rolled in billions year in year out from 2010 when the 28% deal was signed.
Atiku is now desperate to keep this sweet deal beyond 2020 when the deal expires. Buhari with the introduction of TSA and the revelation of the dubious adjustments
Intels monopoly to collect all revenue on behalf of NPA is about to be broken forever by Buhari after the expiration in 2020.
That's why they kick.
#ShineYourEyesNigerians