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 VESSEL,EIGHT SUSPECTED ILLEGAL OIL DEALERS IN LAGOS.{PHOTO}.#PRESS RELEASE.

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    The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, on Monday, July 20, 2020 arraigned nine suspected Illegal oil dealers and a Vessel, M. V. Laida, before Justice Muslim S. Hassan of the Federal High Court, sitting in Ikoyi, Lagos on three-count charges bordering on conspiracy and illegal dealing in 351 metric tonnes of Automative Gas Oil, (AGO ).
The defendants: Stephen John Degbe; Bode Shofela; Emmanuel Esalet; Aderibigbe Jeje; Peter Atijere Ekpe; Dayang Nantok Ibrahim; Adewunmi Oguntifa, Samuel Alabi were arrested alongside the vessel by the Nigeria Navy and subsequently handed over to the EFCC for further investigation and prosecution.
One of the counts read: “That MV. Laida, Stephen John Degbe, Bode Shofela, Emmanuel Esalet, Aderibigbe Jeje, Peter Atijere Ekpe, Dayang Nantok Ibrahim, Adewunmi Oguntifa, Samuel Alabi on the 30th December 2019, within the jurisdiction of this honorable court, without appropriate licence attempted to export 351 metric tonnes of petroleum products and you thereby committed an offence contrary to and punishable under Section 1(17) of the miscellaneous offense Act, CAP M17, Law of the Federation of Nigeria 2004.
They pleaded 'not guilty' to the charges preferred against them.
In view of their pleas, prosecuting counsel, Barrister Ebuka, prayed the court for a trial date and also asked that the defendants be remanded in Nigeria Correctional Service, NCS.
Consequently, the defence counsel, W. Amao Olasunkami Wasiu prayed the court to grant the defendants bail on most liberal terms.
However, Justice M.S. Hassan granted the prayers of the defence counsel and granted all the defendants bail in the sum of N10million each, with a surety in like sum. The surety must own a landed property within the jurisdiction of the court.
The judge ordered the defendants to be remanded in prison custody, until their bail conditions are met and adjourned the matter till October 20, 2020, for continuation of trial.
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