Coastal highway: Presidency tackles Atiku, defends Seyi Tinubu's role in CDK Integrated

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The presidency says Seyi Tinubu, son of President Bola Tinubu, is entitled to pursue his business interests in Nigeria and around the world

pursue his business interests in Nigeria and around the world within the bounds of the law.there is a conflict of interest in the federal government awarding the construction of the Lagos-Calabar Coastal highway to Hitech Construction Company Ltd.

However, in a statement on Monday, Bayo Onanuga, presidential spokesperson, said Seyi has been on the board of directors of CDK since 2018.“It is important to state clearly that Seyi Tinubu is a 38 year-old adult who has a right to do business and pursue his business interests in Nigeria and anywhere in the world within the limits of the law. The fact that his father is now the President of Nigeria does not disqualify Seyi from pursuing legitimate business interests,” Onanuga said.

“He is not a board member because his father is a friend of the Chagourys. Information about owners and shareholders of CDK is a matter of public record that can be openly accessed from the website of the Corporate Affairs Commission and CDK’s.“Atiku and his proxy did not need a little-known journal to recycle open-source information to make a fallacious argument. The Chairman of CDK and the highest shareholder of the company is respected General TY Danjuma .

“We wonder how Seyi’s membership of the board of CDK conflicts with Hitech Construction Company’s work on Lagos-Calabar Coastal superhighway,” Onanuga said.the vice-president established Intels Nigeria with an Italian entrepreneur while serving in the Nigeria Customs Service .

 

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