THISDAY

Otedola: Despite Blowing Exposing Subsidy Scam, Lawan Demanded Bribe

- Akinwale Akintunde

The Chairman of Forte Oil Plc, Mr. Femi Otedola said he informed ex-President Goodluck Jonathan about a subsidy scam that was being perpetrate­d during his presidency while explaining how he blew the whistle on those ripping off Nigeria in the oil sector.

According to the oil magnate, there were some Nigerian companies who had claimed money for subsidy on petroleum products they did not import leading him to discuss the situation with the former president.

Otedola said, “I realised that companies in Nigeria were claiming money for subsidy on petroleum products they never imported. When I saw how much was being stolen, I went to the then President, Dr. Goodluck Jonathan.”

However, the oil magnate disclosed that Jonathan did not believe his claims, noting that he explained how much was being stolen as money for subsidy on the product they never imported.

He said, “Jonathan told me later that he had consulted with the then Minister of Petroleum and that there is nothing of such. I then reached out to Senator Bukola Saraki who raised the issue on the floor of the Senate and thereafter, the House of Representa­tives set up a panel to investigat­e the allegation.”

The oil mogul stated this while standing as a prosecutio­n witness at high court sitting in the Federal Capital Territory as he recounted how Farouk Lawan, thenlawmak­er in the House of Representa­tives and the Chairman of Ad hoc Committee inaugurate­d by the lower chamber to investigat­e oil subsidy scam had threatened to indict his oil company (African Petroleum Plc now Forte Oil) and demanded $3 million to exonerate Zenon from a subsidy scam allegation.

“The defendant ( Lawan) reached out to me and I gave him the background informatio­n as to how the monies were being stolen. I gave relevant informatio­n to the ad hoc committee. I had two companies, which are in the oil and gas industry, which were AP and Zenon oil.

“The two companies had something to do with the defendant’s panel. AP submitted to the committee documents regarding all the importatio­ns of the company. Mr. Otaru, General Manager AP, had direct contact with the defendant’s committee,” he told the court.

As Otedola narrated, Lawan had other ideas, saying: “On April 18, 2012, the defendant came to see me at my house in Abuja after the report of the committee had been laid before the House of Representa­tives in plenary.

“He told me that pursuant to what we discussed on the phone while I was in the UK, he was going to indict Zenon Oil and Gas Ltd. He demanded the sum of $3m to exonerate Zenon oil. I asked him why he would indict a company that did not import petrol but diesel. He said most of the companies indicted had paid a bribe. I told him this was extortion.”

Subsequent­ly, the Forte Oil boss petitioned the Department of State Services regarding the issue and a plan for a sting operation was hatched.

“After my petition to the DG DSS, I received a call from the DSS official – from Caleb – who told me that they were going to carry out a sting operation. He told me that I will be provided with serialised dollars to give to the defendant and they were going to install video-recording gadgets in my living and dining rooms. About six operatives of the DSS did the installati­on, I was given $620,000 serialised dollars. I took the instructio­n of the DSS and I agreed to play along.

Newspapers in English

Newspapers from Nigeria