The representative of Abia North Senatorial District, Orji Uzor Kalu, has said that the balance sheets of his companies were over $4 billion when he decided to venture into politics in 1998.
The former two-term governor of Abia State between 1999 and 2007 said this on Monday in a statement he issued.
Kalu said those who lack understanding of where he is coming from as a successful businessman are alluding his wealth to his engagement in politics.
Also Read:
- Alleged $1m, £34,537 theft: Court admits P-Square’s ex-manager to N50m bail
- Scientists working to extend human lifespan to 250 years – Medical expert
- Oyebanji lauds Ekiti procurement system, contractors’ capacity to deliver
- Lagos to foster environmental sustainability through collaboration, innovation –Sanwo-Olu
- Police intensify hunts for man who stabbed wife to death in Ogun
In the statement, which he personally signed, the founder of the Slok Group of Companies said: “My life’s path is similar to the lessons from Nelson Mandela, which state that as leaders and followers, we must not only learn to make sacrifices for good and noble causes, but also be courageous in confronting evil even at the expense of our freedom, our lives, comfort and personal dignities.
“I built several entities (businesses particularly in the media, oil, and gas sector, shipping, airlines, and others), and in 1998, I left more than a $4 Billion balance sheet in my companies before venturing into politics, leading to where I am today as a Distinguished Senator of the Federal Republic of Nigeria.
“In 1998, I used my resources to fund the Peoples Democratic Party (PDP), my former party, and certain personalities. I built several entities (businesses particularly in the media, oil, and gas sector, shipping, airlines, and others).
“Today, those who have done next to nothing in the private sector are the ones parading themselves as achievers and saints.
“Whereas the real face of the organized private sector and other accomplished personalities like myself who have worked tirelessly and multiplied investments are expected to be penniless.
“Even though I have had my ups and downs, the fact is that I didn’t start life as a politician. I am a businessman, a capitalist with a human face.”