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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N700M DIEZANI BRIBE: EFCC RE-ARRAIGNS EX-GOV. YERO,OTHERS.{PHOTO}.#PRESS RELEASE.

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The Economic and Financial Crimes Commission, EFCC, today July 13, 2021 re-arraigned a former governor of Kaduna State, Muktar Ramalan Yero before Justice M.G Umar of the Federal High Court, Kaduna on an eight count amended charge of money laundering.


Yero is being prosecuted by the EFCC alongside Nuhu Somo Wya (a former Minister), Ishaq Hamsa (former Secretary to Kaduna State Government) and Abubakar Gaiya Haruna (former Chairman of People’s Democratic Party, PDP in the state) for their alleged involvement in the sharing of Seven Hundred Million Naira (N700, 000,000.00) provided by former Minister of Petroleum Resources Diezani Alison-Madueke to influence the outcome of the 2015 presidential election.


Their re-arraignment today followed the transfer of the former trial judge, Justice Zainab B. Abubakar to another division of the Federal High Court.


When the case was mentioned, the prosecuting counsel, Nasiru Salele told the Court that the case was for re-arraignment of the defendants and urged the court to ask them to take their pleas. 


The defence counsel did not object.


The eight count charges were read to the defendants and they all pleaded ‘not guilty’. 


In view of their pleas, the prosecuting counsel asked the court to fix a date for trial. 


Bu the defence counsel drew the attention of the court to the previous bail granted the defendants, asking that the status quo be sustained which the prosecution counsel did not oppose. 


The court consequently adopted the bail earlier granted the defendants and adjourned till October 13, 2021 for commencement of trial.

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