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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4 PEOPLE BAGS FIVE YEARS JAIL TERM FOR FAKE CURRENCY POSSESSION.{PHOTOS}.

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Image may contain: 2 people, people standing                  The Economic and Financial Crimes Commission today March 9,2017 secured the conviction of four counterfeit currency dealers before Justice Simon Amobeda of the Federal High Court Kebbi on a four count charge of conspiracy and possession of counterfeit currency.
The convicts,Usman Ahmed,Isiyaku Mohammed,Mohammed Abubakar Badadi and Rilwanu Abdullahi were arrested by officers off the Nigeria Security and Civil Defence Corps at Birnin Kebbi while in possession of a sum of N583,000 {Five Hundred and Eighty Three Thousand Naira Only} in fake one thousand Naira notes.The case was eventually transferred to the commission for further investigation.
After listening to the charge,all the accused persons pleaded guilty to the four count charge.In view of the plea of the accused persons,prosecution counsel,N.K Ukoha urged the court to convict them accordingly.Justice Amobeda convicted all the accused persons as charged,before sentence was delivered,counsel for the defendants S.B Ka'oje pleaded with the court to tamper justice with mercy given that the convicts are first time offenders with no criminal record.He added that the coonvicts are all family men with children and many defendants.
In his ruling,Justice Amobeda sentenced the convicts to five years imprisonment on each of the four count charge.The sentence is to run concurrently and also to begin from the day of their arrest.
One of the charge read that ''You Usman Ahmed,Isiyaku Mohammed,Mohammed Abubakar Badadi and Rilwanu Abdullahi on or about 8th July,2016 in Birnin Kebbi within the jurisdiction of the Federal High Court did conspire among yourselves to do an unlawful act to wit;being in possession of 583 pieces of 1000 Nigeria Naira Notes and thereby committed an offense contrary and punishable under section 516 of the Criminal Code''.One more photo below.
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