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

NO IMMEDIATE PLAN TO BRING BACK ALLISON MADUEKE-AG FEDERATION.

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      The Minister of Justice and Attorney General of the Federation, Abubakar Malami, says Nigeria has no immediate plan to bring back home former Petroleum Minister, Mrs Deziani Allison-Madueke, to face trial.
Allison-Madueke, who is being investigated in the UK, had earlier urged the Federal Government to bring her back to the country to face corruption charges against her.Malami, however, told State House correspondents in Abuja on Wednesday that bringing her back to the country would jeopardize the investigation being carried on her in the UK.“Steps have been taken by the United Kingdom authorities on issues bothering on corrupt practices involving Nigerians.“If Nigeria feels strongly that there is need to bring Mrs Diezani Allison-Madueke here to face charges of corruption, government will not hesitate to do that.“As things stand now, there is no need for that since the UK Government is already investigating her.“Government will not take any decision that will jeopardize what the UK government is doing,’’ he said.He said Madueke could request to be brought home for trial but that she should face her trial in the UK because the gravity of the offence she committed abroad was higher.He said: “Mrs Deziani Allison-Madueke is facing charges of money laundering and acquisition of properties in the United Kingdom.
“So it is more important to face the charges there than for her to come as a mere witness in a case in Nigeria.’’The minister further stated that the country was doing a lot in litigation and fight against corruption within and outside the country.“The truth of the matter is that government is doing something, especially on issues of corruption and litigation in Nigeria and outside the country,” he added.He said that there had been some understanding between Nigeria and other countries, especially the United Kingdom on recovery of stolen funds.
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