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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N338M FRAUD: SUPREME COURT ORDERS RE-TRIAL OF EX-LAGOS SPEAKER,IKUFORIJI.

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      A five-man panel of the Supreme Court on Friday, January 12, 2018 ordered the re-trial of a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, who was charged with an alleged N338m fraud. 
The apex court had reserved judgment till today to determine whether or not Ikuforiji should be tried afresh, as ordered by the Court of Appeal.The panel headed by Justice Mary Peter-Odili unanimously ruled that the case be re-assigned to another judge of the Federal High Court instead of Justice Ibrahim Buba, who had earlier absolved Ikuforiji of the charge.Justice Buba had, in a ruling in September 2014, held that the Economic and Financial Crimes Commission, EFCC, failed to establish a prima facie case against Ikuforiji and his former aide, Oyebode Atoyebi.The judge had also dismissed the 56-count charge preferred against the accused by the EFCC. Dissatisfied with Justice Buba’s ruling, the EFCC appealed to the Court of Appeal, which upturned the ruling.The appellate court had also ordered both Ikuforiji and Atoyebi to be tried by another judge.However, in 2016, both Ikuforiji and Atoyebi, with whom he was charged, tried and absolved of the charge by Justice Buba had approached the apex court, where they filed separate appeals against the decision of the Court of Appeal.
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