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 DOCKS SUSPECTED LAND FRAUDSTER FOR N14.8M FRAUD.{PHOTO}.#PRESS RELEASE.

 

The Economic and Financial Crimes Commission, EFCC, Port Harcourt zonal office, on Thursday, January 21, 2021, arraigned Margret Ogolo before Justice M. L. Abubakar of the Federal High Court sitting in Port Harcourt, Rivers State for fraudulent land sale to the tune of N14,800,000( Fourteen Million, Eight Hundred Thousand Naira ).
She was docked on one- count charge bordering on obtaining money by false pretence.
The charge read: “That you Margret Ogolo sometimes in 2013 at Port Harcourt Rivers State within the jurisdiction of this Honourable Court with intent to defraud did obtain the sum of Fourteen Million, Eight Hundred Thousand Naira only (N14,800,000.00) from Mr. Adeya Jacob Adeya on the pretext of selling a land situated beside Ecobank Plc, opposite Community Secondary school Alode, Eleme, Rivers State, a pretext which you knew to be false and thereby committed an offence contrary to Section 1 (1) (a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and punishable under section 1 (3) of the same Act”.
She pleaded "not guilty" to the charge when it was read to her.
In view of her plea, prosecuting counsel C. O. Oni, prayed the court for a short adjournment to allow for commencement of trial. However, defense counsel, C. E. Francis, orally applied for the bail of the defendant.
Justice Abubakar granted the defendant bail in the sum of One Million Naira (N1,000,000.00) and one surety in like sum.
The surety must be a Civil Servant of not less than Grade Level 10. The matter was adjourned till March 1, 2021
Ogolo's trouble started when a petitioner alleged that she offered four plots of land to him in the sum of N14.8million in 1998. Ogolo, a widow, reportedly claimed the said landed property belonged to her late husband.
However, when the petitioner made a bid to take possession of the property, the real owner appeared and forbade the petitioner to have any access to the property.
Every attempt to get Ogolo refund the payment made for the land proved abortive.
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