News, Society

Otedola Exposes Farouk Lawan

Femi Otedola, founder of Zenon Petroleum and Gas Limited has exposed Hon. Farouk Lawan, former Chairman of the House of Representatives Committee that probed the multi-billion naira fuel subsidy fraud by the seventh Assembly.

The former lawmaker has been charged by the office of the Attorney-General of the Federation for allegedly receiving bribe. During the hearing of the case at a Federal Capital Territory, FCT, High Court in Abuja.

See also  Dangote Pledges To Boost Engineering In Nigeria, Bags Multiple Awards

Otedola told the court that; “Lawan removed Zenon from the list of indicted oil companies after he collected the money. $2.5 million is the balance I was expected to pay the ex-lawmaker.”

“I could not have put him under pressure because Zenon Oil was not involved in the theft of subsidy funds. If he did not demand (for money), why will he collect the $500,000 and was expecting $2.5 million? He did mention to me that the $3 million was going to be shared by himself and other officers of the house.”

“I did not offer any $3 million. I was one of the biggest players in the business and I reported the matter when I found out about the scam. He did mention to me that several companies involved were paying and I reported to the DSS.”