He said this as he honoured the invitation of the House of Representatives on Ethics and Privileges Committee probing his alleged $620,000 bribe to the suspended Chairman of the ad-hoc committee, Farouk Lawan.
The committee then went into a closed door session. However, Mr Otedola requested the hearing should be conducted in public.
Below is his statement:
The Chairman, House of Representatives Committee on Ethics and Privileges,
Honorable Members of the House of Representatives Committee on Ethics and Privileges,
This is a matter that has generated a lot of public interest and controversy.
The House of Representatives Committee on the Management of Fuel Subsidy headed by Hon. Farouk Lawan held all its sittings in public.
When this issue arose, the House of Representatives Committee on Ethics and Privileges publicly stated that its investigations will be held in public.
It is therefore surprising and curious that this committee has made a U-turn to hold its investigative sittings in-camera particularly in the light of unfolding events.
I strongly believe that the interest of the public will not be best served if this investigation is held in-camera.
I have nothing to hide and will only speak on this issue when the press and interested Nigerians are allowed to be present at the sittings of this committee.
Femi Otedola, CON
3rd July 2012.