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

F.H.C IN LAGOS HAS ORDERED AN INTERIM FORFEITURE OF THE FUNDS THEY FOUND YESTERDAY AT IKOYI TO FEDERAL GOVERNMENT TODAY.{PHOTOS}.

Image may contain: one or more people                Barely 24 hours after the Economic and Financial Crimes Commission,EFCC,uncovered the sums of $43,449,947, 27,800 Pounds and N23,218,00 at an apartment in the Ikoyi area of Lagos,a Federal High Court in Lagos has ordered an interim forfeiture of the funds to the Federal Government.In his ruling today thursday,April 13,2017,Justice Muslim Hassan ordered anyone interested in the money to appear before him at the next adjourned date to show reason why the money should not be permanently forfeited to the Federal Government.The commission was also directed to publish in any National Daily for anyone to show cause within 14 days why the order of final forfeiture should not be granted.The Interim Forfeiture was obtained pursuant to Section 17 of the Advance Fee Fraud and other related offences Act 2006.Operatives of the Commission had,on wednesday,April 12,2017,stormed a residential building on the seventh floor of a four-bedroom apartment on Osborne Towers located on 16,Osborne Road,Ikoyi,Lagos,where the large sums of money was uncovered.The operation followed a whistle-blower confidential alert received by the Commission office in Lagos in the early hours of yesterday.The case was adjourned to May 5,2017.More photos below.
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