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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EFCC ARRAIGNED A MAN TODAY FOR N7.2 MILLION FRAUD AT IBADAN.{PHOTO}.

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    The Economic and Financial Crimes Commission, EFCC, Ibadan Office, today June 5, 2018 arraigned one Oladejo Sherif before Justice A. N. Akintola of the Oyo State High Court sitting in Ibadan, on one-count charge of fraud to the tune of N7, 200, 000 (Seven Million Two Hundred Thousand Naira) only. The offence is contrary to section 390 (9) of the Criminal Code Laws of Oyo State of Nigeria. Sherif however, pleaded not guilty to the charge preferred against him.
Consequent upon his plea, prosecution counsel Ben Ubi indicated his readiness to commence trial immediately having brought his witnesses to court. He thereafter prayed the court to remand the defendant in prison custody. The defense counsel, Hammed Opasola informed the court that he has no written application for bail but prayed the court to allow him make an oral application for bail but insisted that the court is a court of record.Justice Akintola however refused the defense's oral application and ordered that the defendant be remanded in prison custody pending the filing and hearing of his bail application. The case is however adjourned to 18 September, 2018 for trial.
The count on which he is charged reads: "that you, Oladejo Sherif on or about the 10th of February 2017 at Ibadan Judicial Division stole the sum of N7, 200, 000.00 (Seven Million Two Hundred Thousand Naira) only out of N15,000,000.00 (Fifteen Million Naira) only property of one Adebowale Adesiyan which sum was given to you for the purchase of vehicles for the said Adebowale Adesiyan".
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