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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TWO EX-BANKERS CONVICTED FOR STEALING IN KANO.{PHOTO}.#PRESS RELEASE.

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Kano State High Court presided over by Justice Farouq Lawan today June 30, 2021 convicted and sentenced the duo of Jude Ameh and Ademola Aderibigbe on a one count amended charge of theft.


The convicts were said to have connived and fraudulently stole the sum of N11, 360,000 (Eleven Million Three Hundred and Sixty Thousand Naira only) from the complainant for their personal use.


Upon arraignment, both convicts had pleaded ‘not guilty’ to the 17-count charge brought against them.


Prosecution counsel Salihu Sani requested a date to proceed to trial.


However, before the commencement of trial, the convicts approached the Commission with a plea bargain proposal which was subsequently accepted by the parties.


At the resumed hearing of the matter today, the convicts changed their plea from ‘not guilty’ to ‘guilty’ to an amended one count charge.


The charge reads, ''That you Jude Ameh and Ademola Aderibigbe sometime in 2017 at Kano within the Jurisdiction of the High Court of Kano State did conspire between yourselves to commit an illegal act to wit: theft and thereby committed an offence contrary to Section 96 of the Penal Code Law and Punishable under Section 97 of the same Law".


In view of their new plea, counsel for the prosecution, Sani asked the court to convict them accordingly.


Subsequently, Justice Lawan convicted the defendants and sentenced them to two years imprisonment with option of N100, 000 (One Hundred Thousand Naira) fine.

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