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Global Contagion Report: Zenon

Country: Nigeria

Company Involved: Zenon

Industry: Oil & Gas

Industry Subsector: Exploration

Officials Involved: Farouk Lawan, MP; Emenalo Boniface, MP

Enforcement Action: Charge

Summary: Farouk Lawan allegedly solicited a $3 million bribe from oil tycoon Femi Otedola to drop Otedola’s company, Zenon, from a parliamentary inquiry into a fuel subsidy scam thought to have cost Nigeria $6.8 billion. Lawan allegedly collected $500,000 from Otedola. Emenalo Boniface was also charged with corruption for accepting $120,000 from Otedola.

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