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Subsidy Scandal: Witness claims to have received N20m bribe from Otedola, planned to double cross him

2 Min Read

On Tuesday, Boniface Emenalo, former secretary of the house of representatives ad hoc committee on fuel subsidy admitted to accepting a $100,000 (N20m) bribe by billionaire businessman, Femi Otedola offered members of the committee with the intention of exposing him.

Emenalo said Otedola attempted to bribe Farouk Lawan, chairman of the committee, and other members to get soft landing in the investigation of abuse of the subsidy regime in 2012.

He was speaking during his testimony at a federal capital territory (FCT) high court.

Emenalo testified as a witness in Lawan’s trial by the Independent Corrupt Practices and other related offences Commission (ICPC).

He was previously charged with receiving  $120,000 from the oil magnate, but the charges were  dropped when he was made the prosecution witness.

Lawan is currently on trial for allegedly collecting $500,000 out of the $3 million bribe he demanded from Otedola.

He is accused of accepting the bribe in exchange for the removal of Zenon Petroleum and Gas Ltd, Otedola’s company, from the list of firms indicted by the committee.

Emanalo claimed that in his first meeting with Otedola, they had discussions on issues including those relating to the work of the committee and areas he could make suggestions.

He denied receiving ‎$20,000 bribe from Otedola during their first meeting, he however said that during their second meeting that Otedola gave him the $100,000.

“The money I collected from Mr. Otedola was meant to be an exhibit to prove that members of the ad-hoc were being pressurised. I informed my chairman (Lawan) and handed over the money my chairman,” he said.

Emenalo also confirmed that Zenon Petroleum and Gas was one of the companies which the committee indicted for obtaining foreign exchange for importation of premium motor spirit (PMS), but diverted it.

He added that AP, a sister company owned by Otedola, utilised the forex to import petroleum products.

The case will continue on Wednesday for the prosecution to call its second witness.

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