DOLLAR SPECULATION: FG RUBBISHES BINANCE CEO'S BRIBERY ALLEGATION. (PHOTO).
Dollar speculation: FG rubbishes Binance CEO’s bribery allegation The Federal Government on Tuesday vowed to pursue the criminal case against the crypto platform, Binance, and its officials, to a logical end. Speaking against the backdrop of a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m bribe in cryptocurrency to settle the criminal charge against the firm. The NYT on Tuesday reported that on a trip to Nigeria in January, Tigran Gambaryan, a compliance officer with the exchange, received an unsettling message: The company had 48 hours to make a payment of roughly $150m in crypto. Gambaryan, a former United States law enforcement agent, understood the message as a request for a bribe from someone in the Nigerian government. The incident allegedly occurred before Ga
According to sources,a 31 year old man as pictured above and identified as Husseni Elisha have been arrested and charged before a Magistrate court at Ejigbo for allegedly impersonating mobile police officer and he mounted road block to extort money from motorists in Lagos state.He confessed that he did so to raise money to pay his pregnant wife medical bill who recently delivered a baby boy.The Adamawa state born Elisha was arrested at Mosalasi bus stop,at Egbeda area where he mounted the road block causing traffic gridlock and forcrfully extorting money from motorists and motocycle operators.While he was carrying the illegal extortion,a patrol team from Area M Idimu command apprehended him and asked to know why he was doing so.He introduced himself as a mobile policeman and presented a police identity card which was later discovered to be fake.On preliminary investigation,the team discovered that he was not a police man and he was subsequently arrested and took him to the command.He confessed that he was not a policeman =,saying he made his papers in WAEC exam with credits and applied to join the airforce and police but did not make the cut.He said he decided to come to Lagos six years ago to set up a business but again was unable to do that due to fund.He said he decided to impersonate and was using it to extort from motorists before he was arrested .On the day he was arrested,Elisha said what prompted him to embark on serious extortion was no money to pay their medical bill and feeding.According to police,Elisha was caught wearing mobile uniform,identity card and warrant and was using it to extort money from motorists and motorcycle operators.He was charged to court for the alleged offence on a three count charge under the Criminal Code.He pleaded not guilty.The matter was adjourned till 5 December 2015.B
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