The management of the Corporate Affairs Commission (CAC) has failed to disclose the identities of the board members of Orlean Investment Africa Limited, the real owners of INTELS Nigeria.

LEADERSHIP recalls that former Vice President Atiku Abubakar had said he sold his shares in INTELS in 2019, but when LEADERSHIP wrote to the CAC under the Freedom of Information Act on December 5 and December 18, 2023, respectively, and after much back and forth, the commission simply frustrated efforts of our reporter and ignored LEADERSHIP inquiry completely.

For weeks, LEADERSHIP was given assurances that our FOI request was being processed and that we would be contacted. At first, we were told that the details of Orlean Investment Africa Limited had not been updated electronically on the CAC website.

The officer in charge asked for time to call for the company’s file, but at the end of the day, it was all a ploy to frustrate our efforts.

The failure of the CAC to disclose the information requested by LEADERSHIP is a clear violation of the Freedom of Information Act which mandates public institutions to provide access to information requested by citizens.

The CAC’s action is even more concerning given the importance of transparency and accountability in the public and private sectors.

LEADERSHIP calls on the CAC to immediately disclose the identities of the board members of Orlean Investment Africa Limited, the real owners of INTELS Nigeria.

We also urge the commission to respect the Freedom of Information Act and provide access to information requested by citizens and the media.

The failure of the CAC to disclose this information raises questions about the transparency and accountability of corporate entities in Nigeria. It is essential that we know who owns and controls the companies that operate in our country, especially those with significant economic and political influence.

LEADERSHIP will continue to pursue this matter until the identities of the board members of Orlean Investment Africa Limited, the real owners of INTELS Nigeria, are disclosed. We will not be deterred in our efforts to promote transparency and accountability in Nigeria.

Bobloco:
Orlean Investment Africa Limited is owned by Tinubus. This is one of the SPV's, the blueprint conduit pipe used in syphoning the entire common wealth of people.

Emman08:
Why do all these government agencies behave live criminal syndicates?

Emman08:
Why do all these government agencies behave live criminal syndicates?

ijustdey:


https://leadership.ng/cac-hides-intels-ownership-frustrates-request-for-disclosure/

Bobloco:
Orlean Investment Africa Limited is owned by Tinubus. This is one of the SPV's, the blueprint conduit pipe used in syphoning the entire common wealth of people.

eluquenson:
REVISITING SOME OF THE LATEEF JAKANDE'S GOVERNMENT ACHIEVEMENTS FROM OCTOBER 1979 TO DECEMBER 1983 (FOUR YEARS AND 3 MONTHS) IN LAGOS STATE

* His government built the current Lagos State Secretariat which houses all the state ministries as well as the popular round house hitherto occupied by all subsequent governors of the state.

* His government built the Lagos State House of Assembly complex.

* His government built the Lagos State Television

* His government built the Lagos Radio

* His government built Lagos State University

* His government established General Hospital in zones all over the state with assurance of free health care.

* His government established Teacher Training College and the College of Education.

* His government built low cost houses in Ijaiye, Dolphin, Oke-Afa, Ije, Abesan, Iponri, Ipaja, Abule Nla, Epe, Amuwo-Odofin, Anikantamo, Surulere, Iba, Ikorodu, Badagry, Isheri/Olowu, Orisigun etc.

* His government established the Water Management Board and Waste Disposal Board on the 18th of August, 1980.

* His government constructed the Adiyan Water Works to increase water supply in the state to 18.16 million litres per day.

* His government modernized and expanded the Iju Water Works which was first commissioned in 1915. This increased daily capacity from 159 million to 204 million litres per day.

* His government purchased and commissioned the giant car crusher equipment. The equipment was designed specifically to crush derelict vehicles in Lagos State. It had the capacity to crush 45 vehicles per day.

* His government constructed, rehabilitated and resurfaced Epe/Ijebu-Ode Road, Oba Akran Avenue, Toyin Street, Town Planning Way, Alimosho-Idimu-Egbe Road, Idimu-Iba-LASU Road, the new secretariat road and several others.

* His government constructed Victoria Island/Epe Road and thereby creating an ‘oil rig’ for Lagos State.

* His government established Asphalt Plant for the Department of Public Works.

* His government established Electricity Board for Rural Electrification with provision of street lights.

* His government modernized, expanded and commissioned Onikan Stadium in 1982.

* His government established a singular school system and ensured genuine free education in Lagos State and the beneficiaries of this policy are in different positions of eminence in the country and around the world.

* His government raised the primary schools in Lagos State to 812 with 533,001 pupils (against 605 primary schools with 434,545 pupils he met in 1979) and secondary schools to 223 with 167,629 students (against 105 schools with 107,835 students in 1979).

* His government constructed 11, 729 classrooms with the maximum of 40 children per class between March and August 1980, by 1983, he had constructed over 22,000 classrooms.

* In July 1983, two commercial passenger boats christened "Baba Kekere and Itafaji" to run the Mile 2 - Marina (CMS) route via the lagoons were inaugurated by his government to mark the official launch of the Lagos State ferry services.

* His government took over the ownership and financing of Lagos State Printing Corporation in July 1980

* His government established the first State Traffic Management Authority (Road Marshals).

* His government established small scale Industries Credit Scheme which preceded the EKO bank.

*His government established LASACO Insurance.

*His government expanded existing market and built new ones.

*His government established Traditional Medicine Board.

WHO SAYS 4 YEARS IN OFFICE IS NOT ENOUGH FOR MEANINGFUL ACHIEVEMENTS?

IT'S A FACT THAT 90% OF GOVERNORS IN NIGERIA SINCE 1999 WITH REVENUES AT THEIR DISPOSAL CANNOT BOAST OF A QUARTER OF THESE ACHIEVEMENTS EVEN WITHIN THEIR EIGHT YEARS IN OFFICE.

Ttipsy:
What kind of legacy are we leaving behind for our unborn generation?