BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.

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 FEDERAL MINISTRY OF INFORMATION AND NATIONAL ORIENTATION  PRESS STATEMENT  BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY  The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations. In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company.  This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria. The facts of this matter remain that Binance is being inve
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SHELL PLANS TO PAY $51MILLION TO NIGERIANS AS COMPENSATION?

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               According to sources,Royal Dutch Shell is ready to pay up to 30 million pounds {$51 million} in compensation for two oil spills in Nigeria in 2008 after a London court rejected claim.Around 15,000 residents of the Bodo community in the Niger Delta represented by a law firm Leigh Day,appeared in 2011 to a London court for more than 300 million pounds in compensation.Claimants say that the two spills resulted  in the leakage of 500,000 barrels of oil but Shell estimated the volume at aound 4,000 barrels.The lawyer representing the claimants rejected the sum of 30 million pounds in September 2013,and June 20 2014.The London High court on friday June 20 2014,rejected the claimant's attempts to expand the scope of the compensation,ruling that the pipeline operator could not be held responsible for damage caused by oil theft.A trial is planned to start in May 2015 in Nigeria,but shell urged the claimants to reach a settlement before hand.

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