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

APPEAL COURT OKAYS SEIZURE OF TOMPOLO'S PROPERTIES BY EFCC TODAY .{PHOTOS}.

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         The Court of Appeal sitting in Lagos today dismissed an appeal filed by Government Ekpemupolo, alias Tompolo , seeking to set aside the decision of the Federal High Court, Lagos which empowered the EFCC to attach all the properties belonging to ex-militant. Justice I. N. Buba of the Federal High Court, Lagos, had on February 19, 2016 made an order attaching Tompolo's properties for failure to appear to answer the charges against him. 
The Economic and Financial Crimes Commission had on December 15, 2015 instituted a Criminal charge against Tompolo and nine others over allegations of fraud at Nigerian Maritime Administration and Safety Agency, NIMASA. However, despite substituted service of the Court Summons effected on him, Tompolo refused to appear in Court. Consequently, Justice Buba issued a warrant of arrest against him. Armed with the Warrant of Arrest, the Commission launched a manhunt for him, but could not effect his arrest. On February 19, 2016, the Commission, through its counsel, Festus Keyamo, SAN, prayed the Court for an order attaching the properties of Tompolo by seizure, pending his arrest and/or appearance before the Court. The court granted the Commission's request prompting Tompolo to appeal against the decision. 
However, in a unanimous judgment today, the Court of Appeal held that Tompolo cannot be heard complaining that his properties are attached by the Court below, when he has not come to answer to the summons against him. The court held that the option available to Tompolo is to appear before the Federal High Court to apply for the order to be discharged, instead of filing the Appeal. The Court of Appeal was of the view that his private right of property has not been breached by the said order.
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