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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COURT GRANTS SENATOR NWAOBOSHI BAIL TODAY.{PHOTO}.

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      Justice Mohammed Idris of the Federal High Court sitting in Ikoyi, Lagos, on Friday, April 27, 2018, granted Sen. Peter Nwaoboshi, who represents Delta North in the National Assembly, bail on self-recognition. 
Nwaoboshi, who was arraigned on April 25, 2018, is being prosecuted by the Economic and Financial Crimes, EFCC, for an alleged criminal offence bordering on money laundering and fraud to the tune of N805million.He is charged alongside two companies namely : Golden Touch Construction Project Limited and Suiming Electrical Limited.
The defendant pleaded not guilty to the charge. 
At the last sitting, the judge had deferred ruling on the bail application filed by the counsel to the defendant to today (April 27, 2018).In his ruling today, Justice Idris granted the defendant bail on self-recognizance as a Senator of the Federal Republic of Nigeria.
The judge further ordered the defendant not to travel outside the country without obtaining permission from the court.The defendant was also ordered to provide two sureties with N50m bond each, within the next 72 hours.The sureties, who will be verified by the court 's registrar, must deposit their international passports to the court. The case has been adjourned to June 7, 13, and 20, 2018, for the commencement of trial.
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