Global Reporters Vienna
BY ADEMOLA OLONILUA
Chairman of Zenon Oil, Femi Otedola, has insisted that the chairman of the House of Representatives Ad hoc Committee on Subsidy Management, Mr. Farouk Lawan, demanded $3m bribes from him.
Otedola stated that because he refused to oblige Lawan, his company was enlisted among those who bought forex without importing petroleum products.
He stated on Friday in a statement that his company’s name was enlisted without Lawan asking Zenon to produce documents of the FOREX transaction.
“I have stated the facts and nothing but the facts. Farouk Lawan demanded $3m from me and because I refused to oblige him he included the name of Zenon among those who bought FOREX without importing petroleum products.
“If I had anything to hide I wouldn’t have gone to the agencies. There is an old adage that says ‘people who live in glass houses should not throw stones,’” Otedola said.
The Zenon boss said that Lawan could not have been working alone. He said if a person of his repute could be blackmailed, he pitied those just starting business in the country.
He denied affiliation with Synopsis Enterprises Ltd., describing the action of the House of Representatives on Friday as laughable and a celebration of corruption.