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

COURT GRANTS EX-NNPC BOSS 'ANDREW YAKUBU' 3 WEEKS LEAVE TO TRAVEL ABROAD FOR MEDICAL TREATMENT.

Image result for ex nnpc boss yakubu                     Justice A.R. Mohammed of the Federal High Court,Abuja has granted permission to a former NNPC Boss,Andrew Yakubu to travel to the United Kingdom for medical check-up.Ruling on the application brought by Yakubu's counsel,Ahmed Raji,SAN,Justice Mohamed said,''since the prosecuting counsel is not opposing the defendant's motion dated 23rd May,2017 seeking leave to be granted to the defendant to travel to the United Kingdom to continue treatment,the application is granted.The judge also agreed with the prosecuting counsel,Prince Ben Ikani,that the international passport of the defendant be released to his counsel in the interim adding that,''the leave is granted is for a period of three weeks commencing from May 25,2017''.Other conditions attached to the release of the passport are: ''The defendant shall return to the country on or before the expiration of the three weeks granted; One of the sureties of the defendant shall file a separate affidavit to be liable in this case should the defendant refuse to return and take his trial; The same affidavit shall be filed before the international passport is released to the defendant's solicitor; Upon his return from his medical trip,the learned counsel to the defendant shall immediately return the international passport to the chief registrar of the court''.The case has been adjourned to July 6,2017 for continuation of trial.Yakubu's troubles started on February 3,2017,when operatives of the EFCC stormed a building belonging to the former NNPC boss and recovered a staggering sum of $9,772,000 {Nine Million,Seven Hundred and Seventy Two Thousand United States Dollars} and 74,000 pounds {Seventy Four Thousand Pound Sterling} stashed in a huge fire proof safe.Following the raid,Yakubu on February 8,2017 reported to the Commission's Kano Zonal Office where he admitted being the owner of both the house and the money recovered.The offence breaches Section 7 {4}{b} {ii} of the Advance Fee Fraud & Other Related Offences Act,2006 and punishable under Section 7 {5} of the same Act.He is currently facing a six-count charge of money laundering,non-disclosure of assets and fraud.
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