The International Container Terminal Services (ICTSI), a terminal operator in Onne Port located in Eastern Nigeria, has refuted the allegation making round linking the company to a shady deal involving the sale of some berths in Onne Port.
A statement by ICTSI signed by Hans-Ole Madsen, senior vice president of ICTSI, disclosed that the company was not owned or in any way affiliated with the Dangote Group of companies.
‘‘We would like to clarify that International Container Terminal Services Inc. (ICTSI) is a Philippine publicly listed independent company engaged in the operation of 33 ports on six continents of the world. ICTSI ranks as a top-10 port operator in the world,” Madsen said in the statement, which was sent to BusinessDay.
Recall that there was a recent report in the media alleging that ICTSI was a proxy owned by the Dangote Group and linked it to an alleged shady deal involving Hadiza Bala-Usman, the suspended managing director of the Nigeria Ports Authority (NPA).
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According to the report, last year, some coastline terminals, formerly operated by Integrated Logistics Services’ (INTELs) in Onne ports complex, Rivers State, were confiscated by the NPA under the management of Bala-Usman, and subsequently awarded to Dangote Group through a proxy company, International Container Terminal Services (ICTSI) Nigeria Limited.
Meanwhile, Bala-Usman, who reacted to the allegation, described the report as false, without any foundation and a figment of some wild imagination of the news platform.
ICTS was established in December 1987 in the Philippines. Soon after consolidating and strengthening its flagship operations at the Manila International Container Terminal, the company launched an international and domestic expansion programme, and now, operates in many countries across the world, employing more than 7,000 people.
