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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EFCC ARRAIGNS EX-LAGOS ATTORNEY-GENERAL,SHASORE FOR ALLEGED $100,000 FRAUD.(PHOTOS).#PRESS RELEASE.

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EFCC Arraigns Ex-Lagos Attorney-General,  Shasore for Alleged $100,000 Fraud

The Lagos Zonal Command of the EFCC, on Thursday, October 20, 2022, arraigned a former Attorney-General  of Lagos State, Olasupo Shasore, SAN on a four-count charge bordering on money laundering to the tune of $100, 000(One Hundred Thousand Dollars) before Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos.

Olasupo Shasore, SAN, on or about the 18th day of November, 2014 in Lagos, allegedly induced one Olufolakemi Adelore to commit an offence to wit; accepting cash payment of the sum of US100, 000.00 (One Hundred Thousand United States Dollars) without going through a financial institution, which sum exceeded the amount authorized by Law. The offence is contrary to Section 78(c) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under section 16(6) of the same Act.

He pleaded “not guilty” to the charges.

One more photo below. 

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