Senator Orji Uzor Kalu, representing Abia North, asserts that his foray into politics was preceded by a substantial business background, revealing a robust balance sheet of at least $4 billion generated from his companies in 1998.
Emphasizing his origins as a businessman rather than a politician, Kalu highlights his pre-political ventures, spanning the media, oil and gas sector, shipping, airlines, and various other industries.
As the former governor of Abia, Kalu discloses that prior to entering politics, he had established significant business entities. In a social media post, he underscores his capacity to financially support the People’s Democratic Party (PDP), the political party he aligned with upon entering politics in 1998, owing to the substantial resources at his disposal.
He said, “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”.
He wondered why people like him are expected to be penniless while those who have done next to nothing parade themselves as achievers.
He noted further, “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.”
