Aderemi Adeoye, a former Commissioner of Police in Anambra State, has denied claiming to be a billionaire.
Adeoye previously stated that his company, Alpha Trust Investment Club (ATIC) Limited, is prepared to challenge Africa’s richest man, Aliko Dangote.

He said this lately during his formal exit from the Nigeria Police Force at Dr Alex Ekwueme Square in Awka, Anambra State’s capital.

Adeoye stated that he launched his company in 2018 with a modest investment of N54 million, but it is now worth more than N20 billion.

He said the club currently has investments worth over N20 billion, and that as he retired, he would go into business full-time, ready to give Dangote a run for his money.

Speaking in an interview with Arise News on Friday, Adeoye said he never said he was a billionaire, adding that the Civil Service rule does not bar anyone from investing.

Adeoye added that he never abused his office nor amassed illegal wealth during his time as a police commissioner.

He wrote: “Anyone who has proof to the contrary is challenged to produce it, I have never abused my office, amassed wealth or done anything that is against civil service rules or any law known to man.

“Alpha Trust Investment Club is registered with CAC and our loan arm is registered with the Lagos State government as a cooperative, describing us as a limited liability company is a fallacy.”

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