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

EFCC ARRAIGNED 'LETS PARTNER WITH YOU LTD' & ITS DIRECTORS FOR ILLEGAL OPERATIONS.{PHOTO}.

                       The Economic and Financial Crimes Commission.EFcc today tuesday 15,November 2016,arraigned the duo of Patrick Shanchi Nwokike and his wife Rosemary Ifeoma Nwokike along with their company 'lets Partner With You Limited'' before Justice Dugbo R.O Oghoghorie of the Federal High court Enugu,on a four count charge bothering on Advanced Fee Fraud and Carrying Out Banking Business without valid License,an offence which runs contrary to the provisions of SECTION 2{1} of the BANKS AND OTHER FINANCIAL INSTITUTION ACT.
While taking their plea,the accused persons pleaded not guilty on all counts of the four count charge preferred against them by the EFCC.The Defense Counsel Barr. Orji Nwafor-orizu quickly applied for bail for the accused persons on the grounds that the offence was a bailable one andd he prayed the court to grant bail on liberal terms.But the Prosecuting Counsel Barr. S.M.H Ibekwute immediately opposed the application with a 29 paragraphed affidavit,with two exhibits and two written addresses with a further 15 paragraphed affidavit and other supporting documents.He then prayed the court not to honor the bail application,but to remand the accused persons in prison custody and fix a trial date.After listening to both counsels,Justice Oghoghorie granted the 1st and 2nd accused persons Let's Partner With You Ltd and Patrick Shanchi Nwokike bail in the sum of N2,000,000.00 {two million Naira only} each with two sureties in like sum.While one of the sureties must be a Civil Servant with Enugu State Government at a minimum of grade level 12,the second surety must be a landed property owner within Enugu State.Both sureties and their properties must be verified by both the EFCC and the Defense counsel.

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