House of Reps to probe Otedola’s debt payment

It looks like the Reps are set to take their pound of flesh.
Admittedly, the House of Representatives does not like Femi Otedola, the businessman who was the driving force behind the exposure and subsequent disgrace of one of its old shining stars, Hon. Farouk Lawan. But whether it is a case of sentimental grudge or not, yesterday’s announcement by the CEO of the Asset Management Company of Nigeria (AMCON), Mustafa Chike-Obi, that AMCON had approved the payment of N141 billion debt by Otedola, is worthy of a probe. And that is what the House intends to do.
In a swift reaction to AMCON’s announcement, the House released a statement through the chairman, House Committee on Media and Public Affairs, Zakary Mohammed. Mohammed said that the House will demand full details of the transaction between AMCON and Otedola.
“It is imperative to state that with the state of our economy, this transaction was done with ‘confidentiality and secrecy’.
“It is curious that AMCON, being a government establishment which is under the purview of the National Assembly, could do that without the knowledge of the House.
“To say the least, the procedure is not acceptable. The National Assembly would be interested in getting full details of the transaction.”

Is this going to be a revenge of some sort??