The Court of Appeal in Abuja on Thursday affirmed the conviction of Farouk Lawan, over the $3 million bribery charges preferred against him by the federal government.
The court, however, discharged and acquitted Lawan on two of the offences he was earlier jailed for by the lower trial court in June last year.
He also got a reduction of his jail term from seven to five years.
Lawan chairman of the House of Representatives ad hoc committee probing the multi-billion naira petrol subsidy fraud in 2012.
Dismissing the first two counts, a three-member panel led by Monica Dongban-Mensem, the appeal court president, held that the prosecution failed to prove that Lawan demanded and agreed to accept $3 million from Femi Otedola to exonerate the company from the list of firms indicted for petrol subsidy fraud in 2012.
But the panel affirmed the decision of the lower court that Lawan, indeed, accepted a $500,000 bribe from Otedola.