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

ILLEGAL POLYTECHNIC OPERATOR ARRAIGNED TODAY FOR FRAUD.{PHOTO}.

                   The Economic and Financial Crimes Commission today monday October 10,2016,arraigned one Johnson Babatola before Justice Taiwo O. Taiwo of the Federal High Court sitting in Ado-Ekiti,State,on a 7 count charge bordering on Advance fee fraud and operation of illegal Polytechnic.He however pleaded not guilty when the charges were read to him.Babatola,a former Principal Manager of the Central Bank of Nigeria,Ado-Ekiti branch was arrested following a petition from the National Board for Technical Education,Kaduna,alleging that he was operating an illegal Polytechnic named Teedek Polytechnic at Ilogbo,Ekiti State and extorting gullible students who are not aware of the status of the institution.

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