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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EFCC,RE-ARRAIGNS EX-FCT MINISTER'S SON TODAY FOR N1.2BN FRAUD.[PHOTOS}.

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Image may contain: 1 person, beard                     Shamsudeen Bala,son of a former Minister of the Federal Capital Territory,Bala Mohammed,was today May 30,2017 re-arraigned by the Economic and Financial Crimes Commission,EFCC,before Justice Nnamdi Dimgba of the Federal High Court,Abuja.He was re-arraigned along with four companies-Bird Trust Agro Allied Limited Intertrans Global Logistic Limited,Diakin Telecommunications Limited and Bal-Vac Mining Nigeria Limited,on an amended 15-count charge,bordering on money laundering.The amendment,which was effected in counts 10 to 15,according to prosecution counsel,Ben Ikani, ''was to accommodate new information'' in the alleged charge brought against them.He pleaded not guilty to the charges when they were read to him.His counsel,Chris Uche,SAN thereafter urged the court to allow him continue to enjoy the bail earlier granted to him on February 3,2017 two days after he was first arraigned.Uche,further requested for time to study the amended charge dated May 25,2017,which he said he was ''only being served'' by the prosecution.Ikani did not oppose his application for bail.Justice Dimgba has adjourned to June 26,2017 for ''continuation of hearing''.One more photo below.
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