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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COURT CONVICTS CAPTAIN,COMPANY FOR OPERATING ILLEGALLY IN NIGERIA WATERS.{PHOTO}.#PRESS RELEASE.

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Justice Emeka Nwite of the Federal High Court sitting in Warri on Thursday February 18, 2021 convicted one Ashiru Afeez on one count charge bordering on operating a vessel in Nigeria Territorial Waters without due registration and licence from appropriate authority.
Afeez, Captain of vessel, MT De Praise was arraigned by the Benin Zonal Office of the Economic and Financial Crimes Commission, EFCC, and pleaded guilty to the charge prompting the prosecution counsel, Austin Ozigbo to ask the court to convict and sentence him accordingly
. However, the defence counsel, Joshua Solomon, pleaded with the court to temper justice with mercy as the defendant was a first time offender.
Justice Nwite convicted and sentenced the defendant to a fine of N600,000.
The charge against him reads: “that you Ashiru Afeez (m) and others now at large on about 9th February, 2020 at Offshore Escravos within the jurisdiction of this Honourable Court was the captain on board a vessel, MT De Praise, did operate the vessel without due registration and licence from appropriate authority in Nigeria Territorial Waters and thereby committed an offence contrary to Section 22 of the Coastal and Inland Shipping (Cabotage ) Act 5, 2003 Laws of the Federation of Nigeria and Punishable under Section 40 of the same Act”.
The Commission also arraigned Sea Dove Nigeria Limited, operators of MT De Praise Vessel for operating in Nigeria Territorial waters without due registration and licence from appropriate authorities. Justice Nwite found the company guilty of the charge and was fine one million naira. However, the judge ordered that the vessel be released to the owners.
MT De Praise and its crew members were arrested around Escravos offshore by a Nigerian Navy Ship on February 9, 2020 and subsequently handed over to the EFCC for further investigation.
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