Following the decision of the House of Reps to refer his oil company, Zenon Oil to anti-graft agencies for fraud investigation, Mr Femi Otedola has described the plenary session of the House as a celebration of corruption.
A statement issued by him in reaction to the House resolution reads: "I have stated the facts in my interview with Thisday newspaper and nothing but the facts. That Farouk Lawan demanded $3 million from me and
because I refused to oblige him he included the name of Zenon amongst those who bought forex without importing petroleum products. He did this without even asking Zenon to produce a single document of the forex transaction. He clearly wanted to extort money for an offence I did not commit. That is why I went to report to the security agencies. 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".
"Moreover it is not possible to purchase $232, 975,385.13 million from CBN without importing the product. The total figure is not even $232, 975,385.13 million as alleged but $372, 207, 990 million. They should go and amend the report to read $372, 207, 990 million which is the correct figure. It is not possible to purchase this volume of forex from the CBN with first class banks such as Access bank, FCMB, GTB, UBA and an international bank BNP Paribas which is one of the biggest and most respected banks in the world.
"If people at my level who have worked hard to build their businesses can be blackmailed this way all in a bid to extort money from them, I pity people that are just starting out in business in this country. In all my business dealings I have always been above board and the records are there to prove. As far as I know Lawan could not have been working alone in this extortionist plot. A tree does not make a forest. Let me also state for the records that we are not in any way affiliated to the other company Synopsis enterprises Ltd also included in the report. Actions of today by the house is laughable, a mere celebration of corruption and a further indictment on their honorable member. " Click to signup for FREE news updates, latest information and hottest gists everyday
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OTEDOLA ALLOW US SEE MERIT IN THIS CASE WITH THE WAY YOU ARE GOING IT SHOWS YOU ARE NOT CLEAN.
ReplyDeleteThere are more to be seen on this case than we have seen. Pity there is not a single agency in Nigeria that can do a clean job devoid of bribery in the country.
ReplyDeleteOtedola why running to d press if u have a clean sheet? Allow the house do their job.Farouk and you are involved for giving and taking bribes. You have everything and yet you are not pitiful to the poor masses who don't have to eat or feed family. Don't u know what three million dollars will do for your people in ur community if u build company with it? Fear Allah!
ReplyDeleteNigerians when will U people be able to read the writen on the wall? No man On Earth Is JESUS CHRIST.Every Business venture In the world is out to make profit.Let us blame the ills of this country on Bad,smelling leadership system.the federal lawmakers are Bunch of theives trying to take their shear from otedola instead of doing their job for the good of the Nation.if u want GOD to bless U don't badmouth people like Otedola who have been able to give many families Job,Even if His hands are not clean the people that are supposed to proove it,put together from all states are theives.Who is to be blame?
ReplyDeleteOTEDOLA IS A BIG THIEF ALSO, WE KNOW HOW HE MADE HIS MONEY , HE STARTED AS A PETROLEUM INSPECTOR THOSE DAYS. HE MADE HIS MONEY FROM OIL BUNKERING , SO I NO TRUST AM AT AT ALL
ReplyDeleteI still wonder the type of corruption that goes on at the top where a difference of 139,232,604.87 was ignored by the house of representative report.Can we say it was oversight by the panel or was it part of the bank commision or was the panel not working with CBN to have verified the actual sums involved? I can imagine how much this country looses annually due to over sight.
ReplyDelete"If people at my level who have worked hard to build their businesses can be blackmailed this way all in a bid to extort money from them..." Haba Femi! We (all Nigerians) know how you came about your wealth. Yes, you worked hard to build your business empire, Mafia, the Latin American narcotic baron and other sundry dodgy characters all work hard in their chosen lines.
ReplyDeleteYour comments at-times amazes me, can't u all see/perceive that PDP is the head of corruption and their sole aim is to remove the speaker, even though Otedola is guilty too, must Farouk go to him for bribe money? Isn't it obvious that he wasn't working alone... I don't blame Otedola. That means Azman owned by Former Gov of Kano State has settled them too even others? Otedola u try jare...
ReplyDelete