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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PRESIDENT BUHARI EXPLAINS RE-ORGANIZATION AT THE PRESIDENCY.#PRESS RELEASE.

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    President Muhammadu Buhari has explained that the ongoing reorganization at the presidency is aimed at enhancing service delivery to Nigerians.
Fielding questions from State House Correspondents at the Presidential Wing of Nnamdi Azikiwe International Airport, Abuja, shortly after his arrival from London on Friday night, President Buhari said it is unfortunate that the recent disengagement of some political appointees from the presidency had been given ‘‘ethnic and political’’ interpretations.
‘‘They said 35 people were sacked in the Vice President’s office. We just created some ministries and we reorganized and people are giving it ethnic and political dimensions. It is unfortunate,’’ he said.
Responding to a question on what next for his administration after a well deserved rest in London, the President said:
‘‘We are going to work harder and be accountable. We have tried to make Nigerians understand why we do certain things. Accountability from bottom to top is absolutely necessary.
‘‘Whoever is responsible for government property, [should know] it is public property, it is not personal and he has to manage it according to the law.
‘‘That’s what I expect and I think that we have been around long enough to impress on people that we mean what we say,’’ he said.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)
November 16, 2019.
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