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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INTERNET FRAUD: EFCC SECURES CONVICTION OF FBI SUSPECT.{PHOTO}.#PRESS RELEASE.

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      Justice Oluwatoyin Taiwo of the Lagos State Special Offences Court, Ikeja has convicted and sentenced Abiona Akinyemi Festus to two years imprisonment for internet fraud.

The convict who was prosecuted by the Ilorin Zonal Office of the Economic and Financial Crimes Commission (EFCC) on a two-count charge of internet fraud was on wanted list of the Federal Bureau of Investigations of the United States Department of Justice.

The FBI, in a petition dated July 10, 2019 had appealed to the Ilorin zonal office of the Commission to ensure Festus’ arrest and prosecution, for his roles in multi-million naira international scam.

One of the charges read, "That you Abiona Akinyemi Festus (Ella Jones), sometime between January 2011- May 2016 at Lagos within the jurisdiction of this honourable court by means of fraudulent trick used the email address ellajones05@yahoo.com to bypass online security and obtained the sum of N5, 950, 000 (Five Million, Nine Hundred and Fifty Thousand Naira), only from retirement accounts, held by an insurance company for public workers in the United States of America.”

Festus pleaded guilty to the charges, upon which the Head of Advance Fee Fraud, EFCC, Ilorin zonal office, Olamide Sadiq, reviewed the facts of the case, which included that defendant was arrested based on a petition from the FBI linking him to the offence.
Justice Taiwo convicted him as charged and sentenced him to one year imprisonment on each of the two counts with a N300, 000 option of fine on each of the counts.
The judge also ordered him to return the sums of money he cornered to the FBI.

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