Global Contagion Report: Zenon
Global Contagion Report
February 20, 2013
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.… Continue Reading