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

EFCC ARRAIGNS MAN FOR ISSUANCE OF N20M DUD CHEQUE TODAY IN LAGOS.{PHOTO}.#PRESS RELEASE.

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     The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Tuesday, January 21, 2020, arraigned one Lere Fashola Emmanuel and his company, Legal Blitz Limited, before Justice Solebo of the Special Offences Court sitting in Ikeja, Lagos, on a three-count charge bordering on conversion and issuance of dud cheque to the tune of N20,000,000 (Twenty Million Naira).

One of the counts reads: "That you, Lere Fashola Emmanuel and Legal Blitz Limited, between 5th of January 2018 and 28th day of February 2018, in Lagos within the Ikeja Judicial Division, dishonestly converted for your own use the sum of Twenty Million Naira (N20,000,000.00) only property of Mr. Adewumi Adebayo and committed an offence contrary to Sections 278 (1) (f) and 285 (1) of the Criminal Law of Lagos State of Nigeria, 2011.”.He pleaded "not guilty" to the charges.
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