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

COURT JAILS TWO INTERNET FRAUDSTERS IN LAGOS.{PHOTOS}.


   Justice Mojisola Dada of the Special Offences Court, sitting in Ikeja, Lagos has convicted and sentenced two internet fraudsters, Oguntade Idowu and Oguntimehin Samuel to one year imprisonment each.
The convicts were arraigned by the Lagos Zonal office of the Economic and Financial Crimes Commission, EFCC, on Tuesday, June 30, 2020 on different count charges before the court. While Idowu was arraigned on one-count charge bordering on possession of a car reasonably suspected to have been stolen, Samuel was arraigned on two-count charges bordering on possession of fraudulent documents.
The count-charge against Idowu read: “That you, Oguntade Idowu, sometime in 2019 in Lagos, within the jurisdiction of this Honourable court, had in your possession, Mercedes Benz C300, reasonably suspected to have been unlawfully obtained and which you do not give account to the satisfaction of court as to how you came about it and committed an offence contrary to Section 39 of the Criminal Law of Lagos State, 2015.”
He pleaded guilty to the charge preferred against him.
In view of his plea, prosecution counsel, I.A. Mohammed, reviewed the facts of the matter and prayed the court to convict him accordingly.
Delivering her judgment, Justice Dada found him guilty of the offence and sentenced him to one year imprisonment.
The Judge also fined him the sum of N500, 000.00( Five Hundred Thousand Naira) in lieu of the jail term and ordered him to forfeit the Mezcedes Benz C300 to the Federal Government.More photos below.
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