- Billionaire business mogul, Femi Otedola, has revealed where he got the money he gave Farouk Lawan
- Lawan was a former chairman of the House of Representatives ad hoc committee on fuel subsidy regime
- The former lawmaker was accused of demanding for a bribe of $3 million out of which Otedola handed over the sum of $620,000 to him
Nigerian business mogul, Femi Otedola, has told a Federal High Court sitting in Apo area of Abuja, that the $620,000 he handed over to former lawmaker, Farouk Lawan, was given to him by the Department of State Security (DSS).
Daily Trust reports that Otedola stated this on Monday, June 10, while being cross examined by Lawan’s counsel, Mike Ozekhome (SAN).
Legit.ng gathered that the billionaire added that the alleged bribe money was given to Lawan in a sting operation.
He said the DSS however did not catch Lawan red handed at the time of collecting the money from him (Otedola), as shown in a video played in the open court.
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Otedola also told the court that he did not have any documentary evidence to the fact that the money was given to him by the DSS, saying that the money was given to him in bits.
He further stated that he did not take down the serial numbers of the money given to him by the DSS, adding that he did not sign any document when collecting the money in bits.
Asked if the content of the envelope exchanging hands in the video could have been a letter or an invitation card, Otedola, who testified as the fifth prosecution witness, said: “Possibly, the content could have been a letter or an invitation card.”
The witness further told the court that going by the video shown in the court, Lawan did not remove his cap and stuff it with dollars.
Otedola said Lawan, a former chairman of the House of Representatives ad hoc committee on fuel subsidy regime, demanded for a bribe of $3 million out of which he handed over the sum of $620,000 to him.
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He told the court that he knew Phillip Akinola, who he said was the chief operating officer of Zenon Oil and Gas Limited, but he was not aware that Akinola wrote a letter to Lawan, informing him that Zenon supplied petroleum to Forte Oil on carefully agreed terms.
The letter was tendered by Ozekhome as exhibit and was admitted after argument and counter-argument on its admissibility subject to the production of receipt of payment of necessary fees at the next adjourned date. After evidence of Otedola, the prosecution counsel, Adegboyega Awomolo (SAN) informed the court that the prosecution was closing its case.
The defence thereafter informed that it intended to file a no-case submission. The trial judge, Justice Angela Otaluka has adjourned the proceedings to September 24 for the adoption of addresses by parties in the no-case submission.
Lawan is being prosecuted by the Independent Corrupt Practices and other related offences Commission (ICPC) for allegedly collecting 500,000 dollars out of 3 million dollars bribe. The money was said to have been requested to remove Otedola’s company’s name from the list of firms indicted by the House of Representatives Adhoc committee on fuel subsidy in 2012.
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