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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N.84M CHEATING;MAN SENTENCED TO ONE MONTH IMPRISONMENT.{PHOTO}.

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       The Economic and Financial Crimes Commission, EFCC, Gombe Zonal office today, March 8, 2018, secured the conviction of one Muhammad Maikudi Yusuf before Justice Abubakar Jauro of the Gombe State High Court on one count charge bordering on cheating contrary to Section 320 of the Penal Code.
Maikudi, a former Amir of the Muslim Students Society of Nigeria, FCE, Gombe branch, between 2014 to 2016 as well as former Amir of Gombe Area Unit of the same society was investigated by the EFCC following a petition by one Bilyaminu Abdullahi, Secretary of the society.The petitioner had alleged that sometimes in 2015, the accused collected the sum of N840,000.00 from the society's account through one Muhammed Bello who was then the Treasurer and signed an undertaking to refund the money after some few weeks; but failed after several promises. He was first arraigned on 5th February, 2018 where he pleaded not guilty to the charge read against him. In view of that development, the prosecution counsel, A. M. Labaran applied for a date of trial which was adjourned to today for trial. At resumed hearing today, the prosecution counsel, Zarami Muhammad informed the court that the matter was slated for hearing and his witnesses were in court. But, the defence counsel, Musa Bala told the court that his client will change his plea. The charge was read to him again and he pleaded guilty. Zarami therefore urged the court to convict and sentence the accused summarily relying by the provision of section 187 (1) (2) of criminal procedure code. In his judgement, Justice Jauro found the accused guilty as charged and sentenced him summarily to one month imprisonment in accordance with Section 320 and 322 of the Penal Code Laws. However, considering the plea of his counsel having refounded the proceed of the crime (N840, 000.00) as well as a first time offender and a bread winner of his family, he was given an option of Five Thousand Naira (N5,000).
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