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

MAGU WARNS FAKE NGO'S,CSO'S AGAINST EXPLOITING IDPs.{PHOTOS}.#PRESS RELEASE.

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     The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has raised concerns over the increasing cases of fake Non-Governmental Organizations, NGOs and Civil Society groups in Borno State taking advantage of Internally Displaced Persons, IDPs, warning that they will not be spared by the Commission.
Speaking through the Head, Maiduguri Zonal Office of the EFCC, Lawrence Iwodi, Magu noted that it was unfortunate that some individuals were taking advantage of the plights of Internally Displaced Persons, IDPs in the state, by exploiting them through fake NGOs.
Iwodi expressed the concerns during a familiarization visit to the Executive Director of the Civil Society Organizations in Maiduguri, Borno State.
He said: “The advocacy of the CSOs in respect of its slogan ‘the voice of the voiceless’ is similar to the mission and vision of the EFCC in the fight against graft.
“President Muhammadu Buhari said, ‘if we don’t kill corruption, corruption will kill Nigeria’.
“Those that are suffering are the ones that cannot talk. When you succeed with your mission, the society will progress.”
While warning against taking advantage of the plights of IDPs in the North-East in general, he said, the EFCC will not waste time in prosecuting those who are perpetrating evil and defrauding the public in the guise of running NGOs.
“The EFCC has received various complaints from individuals who were defrauded by fake NGOs,” he said, stressing that it was necessary for NGOs to register with the Special Control Unit against Money Laundering, SCUML.
Further addressing the Executive Director, he charged the CSOs to watch out for fraudulent NGOs and report them to the Commission for proper investigation and subsequent prosecution.
He observed that some of the local and international NGOs came in the name of rendering humanitarian assistance, but their activities were far from what they do.
He further urged them to embrace the whistle-blowing policy of the Federal Government, stressing that the EFCC was willing to collaborate with all stakeholders to check money laundering activities in the country.
In response, the Executive Director of the CSOs, Ambassador Shehu Ahmad, promised to collaborate with the EFCC in every way possible. “We represent the voice of the voiceless,” he said, further explaining that the network included CSOs, Labour Unions, NGOs, and Students Unions amongst others.More photos below.
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