DOLLAR SPECULATION: FG RUBBISHES BINANCE CEO'S BRIBERY ALLEGATION. (PHOTO).

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 Dollar speculation: FG rubbishes Binance CEO’s bribery allegation The Federal Government on Tuesday vowed to pursue the criminal case against the crypto platform, Binance, and its officials, to a logical end. Speaking against the backdrop of a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m bribe in cryptocurrency to settle the criminal charge against the firm. The NYT on Tuesday reported that on a trip to Nigeria in January, Tigran Gambaryan, a compliance officer with the exchange, received an unsettling message: The company had 48 hours to make a payment of roughly $150m in crypto. Gambaryan, a former United States law enforcement agent, understood the message as a request for a bribe from someone in the Nigerian government. The incident allegedly occurred before Ga
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TWO JAILED 5 YEARS FOR LAND FRAUD IN SOKOTO. (PHOTOS).#PRESS RELEASE

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Two Jailed 5 Year for Land Fraud in Sokoto

Justice M.U Dogondaji of the Sokoto State High Court has convicted the duo of Sanni Dikko and Naabu Umar on two count charges bordering on conspiracy and cheating.
 
Dikko allegedly connived with Umar to fraudulently obtain the sum of N1, 500,000 from one Mustapha Mudashir in a land deal.
 Investigation revealed that Dikko, having previously sold the plot of land to one Ashiru Muhammed, got Umar to present himself as the owner of the land to convince Mudashir to buy the property at the rate of N1.5m.
Mudashir was in the process of developing the property when he stopped by the actual owner.
 
Justice Dogondaji convicted and sentenced the defendants to five years imprisonment or a fine of N200, 000 each. They were also ordered to pay N1, 500,000.00 as restitution to the victim through EFCC or risk a further five years in prison.

More photos below. 


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