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 SENDS SIX INTERNET FRAUDSTERS TO JAIL IN BENIN CITY .(PHOTO).#PRESS RELEASE.

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Court Sends Six Internet Fraudsters to Jail in Benin City


Six internet fraudsters: Akinnodi Oyindamola, Akinlade Oluwole Stephen, Adekunle Junior Adeyemi, Iyeke Ochuko Prince, Ojo Oluwagbenga Emmanuel and Prince Onogbake were on Monday, May 15, 2023, convicted and sentenced to prison by Justice Efe Ikponmwonba of Edo State High Court sitting in Benin City.


They were arraigned separately by the Benin Zonal Command of the Economic and Financial Crimes Commission on one count charge of possession of fraudulent documents.


Upon arraignment, the defendants pleaded guilty to their respective charges prompting the prosecution counsel, F.A.Jirbo to ask the court to convict and sentence the defendants accordingly. However, counsel to the defendants Pascal Ugbome and B.A. Ambrose pleaded with the court to temper justice with mercy as the defendants were first time offenders who have become remorseful for their actions.


Justice Ikponmwonba convicted and sentenced each of the defendants to three years imprisonment with an option of Two Hundred Thousand Naira fine.


Justice Ikponmwonba ordered that the balance in the GT bank account belonging to Oyindamola, three (3) Apple laptops, one Toyota Camry, one black Lexus 350, one Lexus RX 350; the sum of N260, 000.00 (Two Hundred and Sixty Thousand Naira) recovered from Prince Onogbake and phones being proceeds and instruments of crime be forfeited to the Federal Government of Nigeria through the EFCC.


 The judge further ordered that the bank accounts used as instruments of crime be closed. The defendants are to also undertake in writing to be of good behaviour.

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