www.peoplesdaily-online.com
Vol. 8 No. 73
. . . putting the people first
Wednesday, July 4, 2012
Senate orders closure of NNPC’s ‘secret account’
Explosion rocks Abuja shopping mall >> PAGE 3
Drama as Oteh joins EMT meeting in Aso Rock By Abdulrahman Abdulraheem
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mild drama ensued yesterday at the Council Chambers of the Presidential Villa in Abuja as the suspended DirectorGeneral (DG) of the Securities and Exchange Commission (SEC), Arunma Oteh attempted to attend the Economic Management Team (EMT) meeting presided over
Shaaban 14, 1433 AH
Teachers want Bauchi Education Commissioner sacked
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Prisoners escape as fire guts Yola prison >> PAGE 8
$620,000 bribery probe
Otedola rebuffs secret hearing He’s misguided, stupid, say Reps By Lawrence Olaoye
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hairman of Zenon Oil and Gas Ltd., Mr. Femi Otedola, who accused the former Chairman of the House
of Representatives ad hoc committee on the management of the nation’s fuel subsidy, Farouk Lawan, of collecting $620,000 bribe from him, yesterday rebuffed the
lawmakers’ attempt to quiz him behind closed doors. This was followed by the Chairman of the House Ethics and Privileges Committee, Rep Gambo DanMusa’s outburst that the oil
mogul was stupid and misguided. The committee chaired by Rep Dan-Musa (CPC, Katsina), had earlier excused newsmen Contd on Page 2
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The former DG however made a dramatic appearance at the venue of the meeting and settled on the seat reserved for SEC DG
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by President Goodluck Jonathan. Ms Oteh was a member of the EMT by virtue of her former position as the DG of SEC. However, with her suspension, it was expected that she would cease to be a member and give way to the acting DG, Ibrahim Bello, to represent the capital market regulator at the Team’s meetings. The former DG however Contd on Page 2
Different faces of Femi Otedola during his appearance before the House Committee on Ethics and Privileges over the bribery scandal between him and Hon. Farouk Lawan, yesterday at the National Assembly, Abuja. Photo: Mahmud Isa