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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OYO ASSEMBLY REMOVES IREPO LG CHAIRMAN OVER ALLEGED MISAPPROPRIATION OF FUNDS.(PHOTO).

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OYO ASSEMBLY REMOVES IREPO LG CHAIRMAN OVER ALLEGED MISAPPROPRIATION OF FUNDS


The Oyo state house of Assembly has removed the Chairman of Irepo Local Government, Kisi, Mr. Lateef Adediran having been found culpable of diverting public funds.

BCOS house of Assembly Correspondent, Bode Akinjola reports that the removal was sequel to the investigations conducted on the allegation levelled against him via the Auditor-General for Local Government.

Presenting the joint committee report on the floor of the house on Thursday, Hon. Akeem Mustapha stated that  Mr. Lateef  Adediran having been found culpable of the offence on the allegation of diverting public funds meant for the purchase of Toyota Camry 2016 model to purchase Lexus for his office without approval and purchasing of substandard Toyota corolla for the Office of the Head of Local Government Administration (HLGA),  his action has betrayed public trust, hence he should be removed from office as the Executive Chairman, Irepo Local Government pursuant to section 21 of the Local Government Law, 2001(as amended).

The report directed   the Executive Arm of Government through the Ministry of Local Government and Chieftaincy Matters and the Ministry of  Justice  to ensure that Mr. Lateef Sulaiman Adediran refunds almost 5 million naira to the coffers of Irepo Local Government which he embezzled.



 

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