DOLLAR SPECULATION: FG RUBBISHES BINANCE CEO'S BRIBERY ALLEGATION. (PHOTO).

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 Dollar speculation: FG rubbishes Binance CEO’s bribery allegation The Federal Government on Tuesday vowed to pursue the criminal case against the crypto platform, Binance, and its officials, to a logical end. Speaking against the backdrop of a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m bribe in cryptocurrency to settle the criminal charge against the firm. The NYT on Tuesday reported that on a trip to Nigeria in January, Tigran Gambaryan, a compliance officer with the exchange, received an unsettling message: The company had 48 hours to make a payment of roughly $150m in crypto. Gambaryan, a former United States law enforcement agent, understood the message as a request for a bribe from someone in the Nigerian government. The incident allegedly occurred before Ga
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EFCC DOCKS WHISTLE BLOWERS OVER FALSE INFORMATION.{PHOTOS}.

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Image may contain: 1 person, close-up                                                   The Economic and Financial Crimes Commission,EFCC,yesterday tuesday,May 16,2017 arraigned the duo of Buhari.Fannami and Bakuru Abdullahi on two separate one count charge before Justice M.T Salihu of the Federal High Court Maiduguri,for allegedly giving false information to the agency under the whistle blowing policy.Fannamit had misled the EFCC with the information about illegally acquired monies purportedly buried at the residence of one Ba'a Lawan but the information turned out to be false after the execution of a search warrant.The accused person pleaded not guilty to the charge.Counsel to the prosecution Alkassim Ja'afar asked for a trial date and prayed the court to remand the accused person in the prison custody pending trial.Justice Salihu adjourned the Matter to June 7 and 8,2017 for hearing and ordered the accused to be remanded in the prison custody.On his part,Ba-Kura Abdullahi also gave false information to the effect that large sum of money in naira and foreign currencies were buried in the residence of Ba'a Lawan.Justice Salihu adjourned his case to June 7 and 8,2017 for commencement of trial and ordered the accused to be remanded in the prison custody.One more photo below.
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