In a statement released on Thursday, the Office of the Attorney General of the Federation (AGF) and Minister of Justice dismissed a ThisDay newspaper report and a broadcast by Arise TV as “inaccurate, misleading, resentful, and malicious.”
The Special Assistant to the President on Communication and Publicity at the AGF’s office, Kamarudeen Ogundele, said neither the federal government nor the Attorney General played any role in the alleged share transfer.
“We categorically state that the Federal Government of Nigeria and the Attorney General of the Federation have no hand in the acquisition of the shares in question,” the statement read.
The government clarified that a trustee had been established for First Holdco, with the Central Bank of Nigeria (CBN) approving Stanbic IBTC to act as a third-party overseer. However, it emphasized that this arrangement was entirely independent of any federal involvement.
