TheCable

The management of NASCO Group Nigeria says the United Nations Security Council exonerated Ahmed Nasreddin, the company’s late founder, and his businesses from allegations of terrorism sponsorship.

In a statement on Tuesday, the firm described a report linking its founder to criminal acts as false, defamatory and slanderous.

The management said the United States government and the National Intelligence Agency also cleared Nasreddin of any wrongdoing with regard to the allegation.

“We state categorically that we have never, and never will be “sponsors” to any criminal act, organisation, or violence of any kind that will disrupt the peace and tranquillity of the Nigerian state or any country in the world,” the management said.

“After the unfortunate events of 2001, thousands of people and entities around the world were subjected to various investigations. A detailed examination by the United Nations Security Council and the US Government, totally exonerated NASCO’s late founder, Dr. Ahmed Nasreddin, and his business interest of all false allegations. It was abundantly established that NASCO was NEVER at any time associated with the sponsorship of terrorism – directly or indirectly – anywhere in the world.

“A similar investigation was carried out by the National Intelligence Agency of Nigeria, where it also came to the same conclusion, thereby exonerating our late founder and NASCO Group of any act or complicity in the sponsorship of terrorism in Nigeria or in any other country.

“Contrary to the false allegations, at no time were the assets of NASCO Group Nigeria and/or any of its associated trade, commercial and business interests ever seized or their accounts frozen because of any of those investigations. NASCO can also categorically affirm that it has never been associated with nor had businesses dealings with any of the persons mentioned in the false report.

“NASCO Group is one of the leading companies in Nigeria, with an acknowledged legacy of working towards the economic growth and development of the nation, while positively impacting the lives of millions of people.”

NASCO said the company rejects the report which left out the final UN resolutions and the accompanying exonerations.