Sani had linked Otedola to the fuel subsidy fraud under the Goodluck Jonathan administration.
Nigerian businessman, Femi Otedola, has taken Umar Sani, a former aide to Vice President Namadi Sambo to court.
Otedola filed a N1 billion libel suit against Sani over his recent
comment linking Otedola to the fuel subsidy fraud under the Goodluck
Jonathan administration.
Sani has alleged that over ₦2 trillion was siphoned through questionable subsidy claims under the Jonathan administration.
He had claimed that “Otedola himself enjoyed enormous privileges during the era”.
However, in a statement released late on Sunday night, Otedola described Sani’s claims as “malicious lies.
Recalling his role in exposing the subsidy scam, Otedola said he
was the first to alert former President Goodluck Jonathan and then
Senate President Bukola Saraki of the fraud at the time, wondering how
he could be accused of benefiting from the same scam he blew the whistle
on.
Dismissing Sani’s attempts to link him with the subsidy scandal,
Otedola declared that his company, Zenon Petroleum, never traded in
petrol and therefore could not have accessed the subsidy funds.
Announcing his decision to sue the former presidential aide over
the alleged defamatory remarks, Otedola insisted that he would not allow
anyone to toy with his hard-earned reputation.
He said, “Because of these deliberate lies and unfounded
allegations, I have instructed my lawyers to file a ₦1 billion libel
suit against Umar Sani. People must learn that reputations are not to be
toyed with for cheap propaganda and to serve as a deterrent for other
mischief makers in the future. I will go to every extent that this is
achieved.
Continuing, the businessman appealed to President Bola Tinubu to
release the full report of the Aigboje Aig-Imoukhuede panel set up
during the Jonathan administration to probe the monumental petrol
subsidy fraud.
According to him, Nigerians deserve to know the truth about those
who looted the treasury through the fraud perpetrated under the
Petroleum Subsidy Fund scheme.
“I implore President Bola Ahmed Tinubu to release the full
Aigboje Aig-Imoukhuede report on subsidy fraud as Nigerians deserve to
know the truth. It is on record that the Presidency at the time called
on the late Economic and Financial Crimes Commission (EFCC) Chairman,
Ibrahim Lamorde, to halt the investigation. Let the report be made
public so the real subsidy thieves can be unmasked,” Otedola said.
Otedola said, “My attention has been drawn to a mischievous and
malicious publication written by one Umar Sani, a former Special
Adviser (Media) to former Vice President Namadi Sambo, attempting to
twist facts and drag my name into disrepute and allegations of
complicity in the subsidy fraud.
“His insinuations are false, baseless, and a shameless attempt
to pander to lies and rewrite history. Let me set the record straight
for the overall benefit of the discerning public.
“Zenon Petroleum and Gas Limited was wholly an importer and
trader of diesel with a market share in excess of 90 per cent, never
traded in Premium Motor Spirit (PMS) and as such could not have claimed
for subsidy under the Petroleum Subsidy Fund scheme. Diesel had been
long deregulated even before the adoption of the PSF and did not fall
under petroleum products to be claimed under the PSF regime.”
OR
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