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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MAN JAILED FOR GIVING FALSE INFORMATION TO EFCC. (PHOTO).#PRESS RELEASE

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Man Jailed for Giving False information to EFCC

The Economic and Financial Crimes Commission, EFCC, has secured the conviction of one Misbah Ahmed before Justice Darius Khobo of the Kaduna State High Court on a one count charge bordering on false information.
The defendant misled operatives of the Commission into believing that a huge sum of money in foreign currency was stashed in a residence located at Federal Housing Low-cost, Tudun Wada, Zamfara State.
Ahmad sometime in June, 2023 at Kaduna, willfully gave false information to an officer of the Commission that a large sum of money in United States of America currency (USD) was fraudulently kept at a residence located at Federal Housing Low-cost, Tudun Wada Zamfara State, which he knew to be false. He thereby committed an offence contrary to Section 39(a) of the Economic and Financial Crimes Commission (Establishment ) Act, 2004 and punishable under Section 39(2) (b) of the same Act. 
He pleaded guilty to the charge. Consequently, the prosecution counsel, K.S Ogunlade urged the court to convict him accordingly.
Justice Khobo convicted and sentenced him to one year imprisonment or a fine of N100,000. 


 

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