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

AMBODE,CLEARED BY THE FEDERAL HIGH COURT AFTER BEING SUED BY SOME AGGRIEVED MEMBERS OF THE APC.

                         According to sources,a Federal High Court sitting in Lagos has dismissed a suit seeking to stop the governorship candidate of the All Progressives Congress in Lagos,Akinwunmi Ambode from contesting the April 11 poll.The presiding Judge Justice Mohammed Yunusa declared that the plaintiffs had no Locus standi to institute the legal action.The Judge also held that the plaintiffs failed to establish any reasonable cause of action to sustain their prayers.The plaintiffs identified as Olurufemi Oluwatosin and Dada Joseph,who are members of the APC,had approached the court seeking an order to restrain the Independent National Electoral Commission from allowing APC to field any candidate for the coming Saturday Governorship election in Lagos state.In the suit filed by their lawyer,Samuel Adeniyi,the plaintiffs were challenging their alleged disenfranchisement in the party primary that produced Ambode in December 2014.They alleged that the primary was fraught with and predicated on irregularities and that the party's ward congresses,which were supposed to be conducted only in the 20 recognised Local Government Areas of Lagos state,were also council Development Areas of the state.They also alleged that secret ballot rather than open ballot system was used during the congresses,arguing that same had rendered the process illegal,unconstitutional null and void.Joined as defendants in the suit were APC,the INEC and Ambode etc.APC described the plaintiff's case as academic,malafide,and abuse of court processes and one that was targetted at embarrassing the party.It therefore urged the court to immediately dismiss the case and award cost of damages against the plaintiffs for instituting the action.The Judge upheld's APC argument and dismissed the suit but he did not award any cost against the plaintiffs.

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