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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BOUTIQUE OWNER JAILED 18MONTHS FOR YAHOO YAHOO IN ILORIN,LOSES HOUSE TO FG.(PHOTO).#PRESS RELEASE.

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Boutique Owner Jailed 18months for Yahoo-Yahoo in Ilorin, Loses House, to FG

Justice Ibrahim Yusuf of the Kwara State High Court sitting in Ilorin on Friday, August 12, 2022 sentenced a 25-year-old boutique owner, Muhammed Soliu, from Woru, Ilorin East Local Government Area of the State to 18months imprisonment for offences bordering on internet fraud. 

The judge found Muhammed guilty on the three counts levelled against him by the Ilorin Zonal Command of the EFCC and consequently pronounced a prison term of 6months on each count, to run concurrently.
Muhammed's journey to prison started on August 2, 2022 when operatives of the EFCC, while acting on intelligence on the infamous activities of some internet fraudsters in Ilorin, traced him to his house located at Oke-Ose area of the metropolis, where he was arrested.

Investigation into the case revealed that Muhammed, in the course of his illegal deals benefited over N28million, part of which he used to build a house, establish a boutique and purchase a Toyota Camry car.

The defendant pleaded guilty when the three count charges were read to him.

 

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