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

UNIILORIN STUDENT TO FACE FRESH TRIAL FOR INTERNET FRAUD,OCT 29.{PHOTO}.

 

A University of Ilorin student, Itanola Abdulsamad will on October, 29, 2020, face fresh trial before Justice Sikiru Oyinloye of the Kwara State High Court, Ilorin for alleged internet fraud. This followed the suspect’s switch from “guilty” to “not guilty” plea, on Tuesday, October 6, 2020 court proceeding and the consequent adjournment of the matter by the judge.
The suspect was facing prosecution by the Ilorin Zonal Office of the Economic and Financial Crimes Commission, EFCC on 10-count charges of internet fraud to which he pleaded guilty upon his arraignment on Friday, October 2, 2020 but had to make a dramatic switch to “not guilty,” today on his re-arraignment on amended four-count charge, prompting the judge to adjourn the matter, preparatory to his fresh trial.
Preceding the defendant’s today’s switch of plea, his counsel, Adewale Olatunde, informed the court of his client’s decision to change his earlier plea. "My Lord, my client has informed me that he wants to change his plea from 'guilty' to 'not guilty'. I humbly urge your lordship to allow the charge be read to the defendant for him to change his plea," Olatunde said.
Justice Oyinloye granted the prayer of the defence counsel, which saw the defendant switch to a “not guilty” plea to the amended four-count charges.
Count two of the amended charge read: "That you, Itanola Abdulsamad, Popoola Afolami (at large) and Olayeni Yemi (at large) sometime between 2018 and 2019, at Ilorin within the judicial division of the Kwara State High Court, fraudulently induced several unsuspecting foreigners vide the internet to deliver to you digital currency from which you benefited $950 (Nine Hundred and Fifty United States Dollars) and thereby committed an offence, contrary to Section 321 of the Penal Code and punishable under Section 324 of the same Penal Code."
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