Skip to main content

Billionaire businessman denies funding Obasanjo’s coalition


Billionaire businessman and founder of Aiteo Group, Mr. Benedict Peters, has denied social media reports that he is funding the new coalition reportedly being headed by former President Olusegun Obasanjo.

Peters said this in a statement on Friday night.

He said, “For the record, I wish to state, categorically and unequivocally, that I am not a financier of the said organisation or any socio-political partisan association or political party in Nigeria or anywhere else in the world.

“As an international businessman of repute, I have deliberately stayed away from politics preferring, instead, to focus and give my all to the development of my business interests across the African continent.

“Corporate Social Responsibility contributions has seen the Aiteo Group, which I lead, provide investment support in medicine and medical research dedicated to seeking cures for several ailments which affect the African continent as well as investment in sport and sport as a panacea for the development of Africa’s teeming youth population.”

Peters, who is wanted by the Economic and Financial Crimes Commission but was recently declared a legitimate businessman by Justice Ashi Valentine of an FCT High Court, said neither himself nor his company was supporting any political movement.

He said the reports were part of a grand plot to pit him against the Federal Government.

The businessman admitted that he was close to Obasanjo, adding that the former President and his late father were friends and he has remained close to Obasanjo for over 30 years.

Peters, however, stated that the former President had never discussed politics with him.

He added, “In the publishers’ indecent haste to malign the former president and I, amongst others, they demonstrated a shameful shallowness that paid no heed to the very personal nature of our relationship.

“For the avoidance of any doubt whatsoever, I also confirm, categorically, that the former President has, on no occasion, discussed or mentioned any such plan or intention to me.  This situation very pointedly affirms the irrationality and farcicality of the allegations as a whole.”

The billionaire said he would be forced to take legal action against his detractors if they continued to spread rumours about him on social media.

Peters added, “As unconvincing and implausible as these allegations are, I am constrained to take steps to address these unbridled excesses as a means of protecting my family, my business and I from these unwarranted personal attacks.

“Accordingly, I have instructed my lawyers to immediately take steps to obtain a retraction, in the absence of which they are to take all steps available to provide me with protection, remedy and relief.


Comments

Popular posts from this blog

It's time to 'embrace an android' says Labour's deputy leader

Worried that a robot will one day take your job? Don't fear says a senior politician who is urging people to "embrace an android".If machines can take over routine tasks, deputy Labour leader Tom Watson believes, it will liberate people to focus on areas generating more wealth.
If properly regulated, he says the growth of automation could create as many jobs as it will eliminate""I suppose what I am really saying is - robots can set us free."A report earlier this year suggested 30% of British jobs could be threatened by automation by 2030, compared with 38% in the US and 21% in Japan, with manufacturing and retail at the greatest risk.
Corbyn: Let workers control robotsWill a robot take your job?But Mr Watson, who is also Labour's culture spokesman, said he was much more optimistic that technological change could be a force for economic and social good.Speaking at the launch of a new report into the future of work in the 21st Century, he urged people …

Why is Christmas Day on the 25th December?

Christmas is celebrated to remember the birth of of Jesus Christ , who Christians believe is the Son of God.The name 'Christmas' comes from the Mass of Christ (or Jesus). A Mass service (which is sometimes called Communion or Eucharist) is where Christians remember that Jesus died for us and then came back to life. The 'Christ-Mass' service was the only one that was allowed to take place after sunset (and before sunrise the next day), so people had it at Midnight! So we get the name Christ-Mass, shortened to Christmas.Christmas is now celebrated by people around the world, whether they are Christians or not. It's a time when family and friends come together and remember the good things they have. People, and especially children, also like Christmas as it's a time when you give and receive presents !The Date of ChristmasNo one knows the real birthday of Jesus! No date is given in the Bible, so why do we celebrate it on the 25th December? The early Christians cer…