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

MAN BAGS TWO YEARS JAIL TERM,N300K FINE FOR LAND FRAUD IN BORNO STATE.{PHOTO}.


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     The Economic and Financial Crimes Commission, EFCC, Maiduguri Zonal Office on Monday, September 9, 2019 secured the conviction of one Alhaji Mustapha Mohammed.
He bagged two years with an additional N300,000 fine from Justice Fadawu Umar of the Borno State High Court, Maiduguri on a one-count amended charge, bordering on obtaining by false pretence.
Trouble began for the convict when the Commission received a petition from the duo of Yerima Mukhtar and Abbas Sadiq Hassan, accusing him of issuing a fake grant offer to them for a plot of land they bought from him in Maiduguri.
Prosecution counsel, Benjamin Manji, led Dauda Umar, an EFCC detective in evidence, who narrated how the plot of land was sold to the complainants with a fake grant offer.
The charge reads: “That you, Alhaji Mustapha Mohammed on or about the 12th day of December, 2015 at Maiduguri, within the jurisdiction of this honourable court with intent to defraud, induced Yerima Mukhtar and Abbas Sadiq Hassan to part with the sum of N690,000.00 (Six Hundred and Ninety Thousand Naira) under the pretence of selling to them a plot of land with grant No. 68 on BOT/159 situated at Polo, Maiduguri, which you knew to be false and thereby committed an offence contrary to Section 320 and Punishable under Section 322 of the Penal Code Law Cap.102, Laws of Borno State.”
He pleaded guilty to the charge, following which Justice Fadawu convicted and sentenced him to two years in prison with additional fine of N300,000. In default of payment of the fine, the convict will spend additional one year in prison.
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