Friday 9 November 2012

Femi Otedola & Faroul Lawan Subsidy Bribery Scandal case has been adjourned till November 23, 2012.

Most Nigerians are anxious to know the turn out over the case of Otedola and Lawan.
Farouk Lawan, former chairman of the House of Representatives Ad hoc Committee mandated to verify the subsidy payments was accused by Femi Otedola owner of Zenon Petroleum and Gas Limited for collecting the sum of US$620,000 as part payment of a $3m bribe deal from him. As a blackmailed in order not to mention the name of his company among those that defrauded the country during the fuel subsidy regime.

The twist to this case on Thursday, reveals that Otedola’s suit filed by his lawyer, Mr. Babajide Koku, SAN, the businessman is asking an Abuja High Court to order Lawan, Tambuwal, the Clerk and the National Assembly, 1st to 4th defendants respectively, to pay him the combined sum of N250bn as damages.
The N250bn involves two categories of damages – N100bn as “general damages for the acts of intimidation, loss of goodwill and patronage occasioned by the acts of the defendants” and N150bn “as exemplary damages for their oppressive and arbitrary action.”

The case has been adjourned till November 23, 2012.

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