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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N29BN FRAUD: COURT ADJOURNS EX-GOV. NYAKO'S TRIAL TO OCT. 23,2018.

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       Justice Okon Abang of the Federal High Court, sitting in Maitama, Abuja, on Wednesday, July 4, 2018, adjourned the trial of a former governor of Adamawa State, Murtala Nyako, to October 23, 2018 for continuation of the examination in-chief of the twentieth prosecution witness, Adekunle Odofin.
Odofin, a detective with the EFCC, had on July 3, 2018, testified to the effect that the petition against the defendant was investigated by his team. Documents establishing the alleged offence against the defendant were tendered through the witness and admitted in evidence by the court.At the resumed sitting today, Ibrahim Isiyaku, SAN, representing Senator Abdul-Aziz Nyako and Zulkifikk Abba (second and fourth defendants respectively) and Y. C Maikyau, SAN, representing ‎Abubakar Aliyu (third defendant) sought leave of the court for the international passports of their clients to be released to them, to enable them travel abroad to see their families and perform their religious rites.Justice Abang, in a bench ruling opined that “the three applications before the court deserve to succeed as the defendants have always attended their trial and have not done anything to delay their trial”.
“The Chief registrar of this court shall release their international passports to enable them travel to Saudi Arabia to perform their religious rites. They shall return on or before September 30, 2018 and deposit their international passport till the end of their trials”, the judge ruled.
Nyako is being prosecuted by the Economic and Financial Crimes Commission, EFCC, alongside his son, Senator Abdul-Aziz Nyako, Abubakar Aliyu and Zulkifikk Abba on a 37-count charge of criminal conspiracy, stealing, abuse of office and money laundering to the tune of N29billion.Five companies that allegedly served as conduit pipes for the illegal diversion of the funds - Blue Opal Limited, Sebore Farms & Extension Limited, Pagoda Fortunes Limited, Tower Assets Management Limited and Crust Energy Limited, were equally charged before the court as the 5th to 9th defendants.
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