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

MAGU LAUDS BUHARI'S AWARD OF AFRICA ANTI-CORRUPTION CHAMPION+CALLS FOR REGIONAL COLLABORATION AGAINST GRAFT.{PHOTOS}.

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     Ibrahim Magu, Acting Chairman, Economic and Financial Crimes Commission, EFCC, has stressed the need to build strong regional and national institutions to effectively fight corruption by adequately empowering national anti-corruption institutions and insulating them from undue political interference. 
"Africa must also enhance institutional collaboration between law enforcement and anti-corruption agencies as well as strengthening the existing criminal justice system through exchange of information in line with international best practices", he said.Magu made this assertion on Thursday, February 1, 2018 while briefing the press on the outcome of the 30th African Union, AU, Summit held in Addis Ababa, Ethiopia, on Sunday, January 28, 2018, where President Muhammadu Buhari joined 14 other members of the Peace and Security Council (PSC) to discuss issues affecting the continent.Others who were at the joint press briefing include: Minister of Foreign Affairs, Geoffrey Onyeama; Minister of State (Aviation), Hadi Sirika; Director General and Chief Negotiator, Nigerian Office for Trade Negotiations (NOTN), Ambassador Chiedu Osakwe. They were all part of the presidential delegation to the Summit where President Buhari was awarded as the "African Union’s Anti-Corruption Champion", in recognition of the numerous achievements his administration has recorded in the flight against corruption in Nigeria.The AU Executive Council, while taking into recognition the outstanding success stories and commitment of Buhari's government to the fight against corruption in Nigeria, had unanimously endorsed the president as the Champion that will lead the continental war against corruption.Prior to the endorsement, the African Union of Heads of State had declared 2018 as the “African Year of Anti-Corruption” with the historic theme - "Winning the Fight against Corruption: A sustainable path to Africa’s Transformation."
Magu, while stressing the need for unity in fighting corruption across the African continent noted that "from experience, the fight against corruption is not an easy task". He added that measures must be taken to address the gaps in our systems in order to effectively check corruption and impunity.
His words: "EFCC is delighted to be involved in this onerous task of walking the talk in leading the continent in the fight against corruption while canvassing for Nigeria to lead the following initiatives: African Union Convention on Preventing and Combating Corruption (AUCPCC); Support and Capacity Building of other African Anti- Corruption Agencies; Implementation of existing anti-corruption policies amongst member states; Measures on Corruption Prevention; Strategies that will support rule of law for effective and efficient operations between the Anti-Corruption Agencies (ACAs) and the Criminal Justice System; Good governance and Efficiency units within the public system and to promote an 'African Common Position' framework on the recovery and repatriation of African assets hosted in foreign jurisdictions”.The anti-graft czar expressed his willingness to partner with national authorities, regional bodies, development partners, civil society organizations, CSOs, Non-Governmental Organizations, NGOs and ultimately all the people of Africa to effectively fight corruption and impunity within the continent.The EFCC boss added that efforts geared towards the fight against corruption would enhance the realization of the Agenda 2063 on Africa’s transformation to sustainable development.More photos below.
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