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
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KANO COURT SENTENCED MAN TO 12 MONTHS FOR 5.7 MILLION FRAUD.{PHOTOS}.

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                    The Economic and Financial Crimes Commission today friday,secured the conviction of one Abdulmajid Abdulkareem before Honourable Justice Farouq Lawal of Kano State High Court.The convict was sentenced to serve twelve months imprisonment with option of N30,000 {Thirty Thousand Naira Only} fine on the one count ammended charge of cheating.Abdulmajid was arraigned by the Economic and Financial Crimes Commission on the 30th day of October ,2014 on a three count charge of obtaining under false pretense,forgery and using as genuine.Upon his arraignment,the convict pleaded not guilty but during the cause of trial,the convict approached the commission with a plea bargain agreement and subsequently changed his plea in today's proceeding from not guilty to guilty.The convict's ordeal started when the commission received a petition that sometime in September,2013 ,Abdulmajid sold a plot of land to the complainant,Sagir Bashir Nasambo with Certificate of Occupancy No. LKN/RES/2002/712 situated at No.2786 Dorayi Babba Street,in Kano metropolis through a hand written sales agreement dated 11 September,2013 at the cost of N5,750.000.00 {five million seven hundred and fifty thousand naira}.After making payments,the complainant discovered upon confirmation from the Ministry of Land and Physical Development,Kano,that the C of O presented to him by the convict was forged.The ammended charge read ''That you Abdulmajid Abdulkareem sometimes in September,2013 at Kano within the jurisdiction of the High Court of Kano State with intent to defraud,falsely obtained the sum of N5,750,000 {Five Million,Seven Hundred and Fifty Thousand Naira Only} from Sagir Bashir Nasambo purporting to sell a property situated at No 2786 with Certificate of Occupancy No. LKN/RES/2002/712 situated at Dorayi Babba Street,Kano,which pretense you knew to be false and you knew to be false and you thereby committed an offense contrary to section 320 of the Penal Code and punishable under section 322 of the same Law.

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