Founder of Zenon Oil, Femi Otedola, has again testified in the case of alleged fraud involving a former member of the House of Representatives, Farouk Lawan.
Otedola, who appeared before Justice Angela Otakula of the Federal Capital Territory High Court on Tuesday, explained that the Department of State Service (DSS) gave him the sum of $500,000 to set up the former lawmaker.
Mr Lawan is being accused of demanding a sum of three million dollars from Mr Otedola to remove his firm, Zenon Petroleum and Gas Limited, from the list of oil companies allegedly involved in the fuel subsidy fraud in 2012.
According to Otedola, the accused had indicted his company in the alleged fraud and demanded the sum to exonerate him.
At a previous hearing, he had explained that after the initial deposit of $500,000 was paid into his account, Lawan declared Zenon Oil and Gas free of the initial indictment.
He also explained that the money was given under the supervision of the DSS.
The defense counsel, Mike Ozekhome, questioned Otedola’s account saying Lawan ought to have been apprehended immediately he was caught.
The judge, however, adjourned the matter till March 8 to continue the cross-examination of the prosecution witness.
