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

PRESIDENT BUHARI RECEIVES THE REPORT OF PRESIDENTIAL IMPLEMENTATION COMMITTEE ON FINANCIAL AUTONOMY OF STATE LEGISLATURE AND STATE JUDICIARY TODAY.{PHOTOS}.#PRESS RELEASE.

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     President Buhari receives the Report of Presidential Implementation Committee on the Financial Autonomy of State Legislature and State Judiciary in State House on 25th June 2019
Financial Autonomy 2: President Buhari with Former Attorney General Mr Abubakar Malami as he receives the Report of Presidential Implementation Committee on the Financial Autonomy of State Legislature and State Judiciary in State House on 25th June 2019.

PRESS RELEASE:
AUTONOMY FOR STATE LEGISLATURE, JUDICIARY SHOULD NOT BE COMPROMISED, SAYS PRESIDENT BUHARI
President Muhammadu Buhari Tuesday in Abuja said efforts to ensure autonomy for state legislatures and judiciary will further strengthen democracy and deepen inclusiveness of citizens by guaranteeing fairness for ordinary Nigerians.
Receiving Report of the Presidential Implementation Committee on Financial Autonomy of State Legislature and Judiciary, President Buhari said the government will study the report and recommendations, and take an appropriate decision.
“I went through a terrible time getting here for the three times I contested elections. That’s why I want to stabilise the system so that others will not pass through the same experience.
“Both young and ordinary Nigerians depend on leadership to ensure justice is always done. So we must ensure that trust is not compromised. This administration will take the report seriously,’’ he added.
In his remark, the Chairman of the Committee, immediate past Minister of Justice and Attorney General of the Federation, Abubakar Malami, said implementation of the recommendations will entrench constitutionalism, democratic principles and separation of powers.
“The recommendations clearly spell out that if uniform modules for implementation of financial autonomy for state legislature and state judiciary are approved for implementation across 36 states, it will no doubt strengthen Nigeria’s democratic principles, practices and public governance,’’ he said.
Malami added that the committee had observed that most states honoured the constitutional provisions for financial autonomy in the breach, than in observance, noting that the legislature and judiciary remain the last hope of the common man and should be given autonomy.
He said the committee consulted with state governors, Chief Judges of states, Speakers of State Houses of Assembly, Civil Society Organizations and relevant stakeholders, including members of the public.
The Presidential Implementation Committee on Financial Autonomy of State Legislature and State Judiciary was inaugurated by President Buhari on March 22nd, 2019, to fashion out strategies and modalities for implementation of the financial autonomy of the state legislature and state judiciary in compliance with Section 121 (3) of the 1999 constitution (As Amended).
Femi Adesina
Special Adviser to the President
(Media & Publicity)
June 25, 2019.
More photos below.
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