Mikano International Limited has strongly refuted allegations published in a report by an online media platform (not The PUNCH), describing the claims as false and baseless, while reaffirming its commitment to protecting its corporate reputation.
In a statement on Saturday, the company denied any link between its Chairman, Mr Mofid Karameh, and criminal activity, insisting that the report misrepresented both his character and the firm’s values.
“Mikano International Limited categorically rejects and strongly refutes the allegations published in a recent report by (the online medium), which falsely attempts to link our Chairman, Mr Mofid Karameh, to criminal activity,” the company stated.
“These claims are entirely unfounded, baseless, and defamatory. At no time has Mr Karameh been involved in, investigated for, or associated with any form of illegal activity. Such allegations are a gross misrepresentation of his character and the values he upholds.”
The company emphasised that it has built a solid reputation over more than three decades, anchored on integrity, transparency, and responsible business conduct across Nigeria and beyond.
“For more than three decades, Mikano International Limited has built a solid reputation grounded in integrity, transparency, and responsible business conduct across Nigeria and beyond. We take this reputation seriously and are deeply concerned by the dissemination of unverified information capable of misleading the public and unjustly harming both personal and corporate credibility,” it stated.
Mikano urged its partners, clients, and the general public to disregard the report, stressing that it does not reflect the reality of its operations or leadership. “We urge our partners, clients, and the general public to disregard the report in its entirety.”
The company also disclosed that it is reviewing legal options in response to the publication, signalling a possible escalation of the matter. “Mikano International Limited is currently reviewing all available legal options and will take appropriate action to defend the reputation of our Chairman and the organisation.”
It reiterated its commitment to maintaining high standards across its operations while expressing appreciation for stakeholder support. “We remain steadfast in our commitment to excellence across all sectors in which we operate and sincerely appreciate the continued trust and support of our stakeholders,” it stated.
Arinze Nwafor is a journalist at Punch Newspapers with five years of experience reporting on Nigeria’s economy, industry, data, metro, and judiciary. He focuses on highlighting growth, policy, and market challenges shaping Africa’s largest economy. Arinze’s reporting reflects practical newsroom experience, editorial judgment, and a strong commitment to accurate, informative, and audience-focused journalism.
