BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.
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
According to sources,the developer known as Paramo Development Ventures Limited wrote to the market union about its intention to collect tolls from traders who brought goods or containers into the market.The letter stated that owners of each container brought into the market with goods will pay a fee of between N10,000 and N20,000 depending on the size of the container,while anybody that comes to the market to buy any spare parts will pay between N200 and N500 and will be issued receipts.Paramo also informed the traders that they will pay N200 for any good bought outside and brought into their shops for sale.The union replied them on behalf of the traders that they will not pay such levies.After the union's response,trouble started when Paramo workers attempted to enforce the policy at the market.Some traders resisted and seized Paramo's receipts and threatened to mo the workers if they continued the levy collection.It took the intervention of the market's security officials to bring the situation under control.It was gathered by sources that Paramo leased the market from Mushin Local Government for 25 years and sub-leased some portions to the traders for some years on condition that the traders will use their money to build shops.It was learnt that part of the agreement was that the traders paid allocation fee of between N150,000 and N200,000 to Paramo for each shop and will be paying a certain amount of money every year to Paramo as toll and Paramo will in turn pay Mushin council.Though the Mushin council has summoned the warring parties to a meeting to resolve the crisis.
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