Defamation: Femi Otedola sues Farouk Lawan, and Speaker Tambuwal for N250bn in damages
by Isi Esene
Femi Otedola, the chairman of Zenon Oil and Gas has dragged the speaker of the House of Assembly, Aminu Tambuwal, and former chairman of the ad-hoc Committee on the Oil Subsidy Probe, Farouk Lawan, before an Abuja High Court for defamation of character.
He is asking the court to order both parties to pay him and his company, Zenon, the collective sum of N250bn as damages for defamation.
The Zenon chairman is demanding the said amount for the grave injuries done to his reputation and business image resulting in the substantial loss of goodwill and patronage of the business built over the years.
In a suit filed by his counsel, Babajide Koku (SAN), Otedola is claiming N100bn as general damages for acts of intimidation, loss of goodwill and patronages occasioned by the acts of the Speaker and Farouk.
He is also claiming claiming another N150bn against the defendants as exemplary damages for their alleged oppressive and arbitrary actions against him and his company.
According to reports, he is also challenging the alleged move by Lawan Farouk and Tambuwal to re-list his company among the oil firms already indicted for allegedly defrauding the federal government.