BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.

-
Image
 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
Post a Comment

COURT CONVICTS PEER-TO-PEER CRYPTO TRADER IN LAGOS. (PHOTO).#PRESS RELEASE

-


Court Convicts Peer-to- Peer Crypto Trader In Lagos 

Justice Nicholas Oweibo of the Federal High Court sitting in Ikoyi, Lagos, on Friday, October 6, 2023, convicted one Lawrence Success Karinate, a Peer-to-Peer, P2P, crypto trader for computer-related fraud.

Karinate was prosecuted by the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on one-count charge bordering on cybercrimes, an offence contrary to and punishable under Section 22(2)(b) of the Cybercrimes (Prohibition etc.) Act, 2015.

 The count reads: "That you, Success Lawrence Karinate, sometime in 2023, within the jurisdiction of this Honourable Court, with intent to defraud, fraudulently held out yourself on social media platforms, as a female, bearing the name "Jessie Randall", a fashion influencer, to unsuspecting members of the public, with intent to gain advantage for yourself and you thereby committed an offence, contrary to and punishable under Section 22(2)(b) of the Cybercrimes (Prohibition etc.) Act, 2015.”
He pleaded "guilty" to the one-count charge preferred against him.

Following his guilty plea, counsel to the EFCC, Usman Abubakar Ahmad, called a witness, Taiwo Owolabi, an operative of the EFCC,to review the facts of the matter. Owolabi said the defendant, alongside others, was arrested in the Lekki area of Lagos State on May 26, 2023. 

 "Upon his arrest, he was brought to the EFCC office, where his iPhone and HP computer were analyzed. Fraudulent documents were printed out from his devices, and he made restitution to the tune of N100,000. (One Hundred Thousand Naira). He was further interrogated, and admitted to have engaged in a pig-butchering scam and benefitted the sum of $2000 (Two Thousand United States Dollars) from it.

 Pig butchering scam is a type of fraud in which criminals lure victims into digital relationships to build trust before convincing them to invest in cryptocurrency platforms.
Usman, therefore, applied to tender, in evidence, the defendant’s extra-judicial statement, fraudulent documents printed out from his IPhone, laptop computer as well as the management cheque issued by him. Justice Oweibo admitted them as exhibits A, B, C and C1, D and E respectively and convicted him as charged. 

In his allocutus, Karinate expressed regret for his involvement in the criminal activity and assured the court that he would never engage in internet fraud again.

His counsel, Chikezie Kingsley, prayed the court for mercy, stressing that defendant was a first-term offender.

In his judgment, Justice Oweibo sentenced him to a fine of N200,000( Two Hundred Thousand Naira). 

Comments

Post a Comment

Popular posts from this blog

ACTOR BABA IJESHA APPEALS FIVE-YEAR JAIL SENTENCE FOR SEXUAL ASSAULT. (PHOTO).

-
Image
 Actor Baba Ijesha appeals five-year jail sentence for sexual assault Nollywood actor Olanrewaju James, known as Baba Ijesha, has filed an appeal against his conviction for the sexual assault of a minor. He has requested the Court of Appeal, Lagos Division, to overturn the ruling of the Lagos State High Court, which sentenced him to five years in prison. The conviction was handed down by Justice Oluwatoyin Taiwo (retd.) of the Ikeja Domestic Violence and Sexual Offences Court on July 14, 2022 to Baba Ijesha. Baba Ijesha through his counsel Kayode Olabiran on Tuesday, told the appeal court that his client was set up and that he acted according to a script that he was invited to act on by his colleague. “The Appellant was set up. The Appellant is an actor. He acted in a script that he was invited to act by his colleague (PW1), Damilola Adekoya,” he said. The Director of Public Prosecution, Dr Babajide Martins, urged the court to dismiss the appeal for lacking in merit and also a misconce
Read more

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

-
Image
Innoson Gives Out Brand New IVM G5 and Salary For Life To The Man Who Prophesied About His Vehicle Manufacturing In 1979.  Last Saturday, July 22nd the Chairman of Innoson Vehicle Manufacturing Company Ltd, Chief Dr Innocent Ifediaso Chukwuma OFR gave out a brand new Innoson IVM G5 to Mr Ikechukwu Osakwe popularly known as Osabros who prophesied to him in 1979 that he would be the first man in Africa to manufacture vehicles and sell to different African countries.  The prophecy was given at the period the then Innocent Chukwuma could not boast of a car, talk less of manufacturing one. According to Dr Chukwuma during the presentation of the car, he recalled on how Mr Ikechukwu Osakwe all the way from Kano blocked him at the front of his house early in the morning and told him he has a message for him.  Mr Osakwe went on to narrate a dream he had about him, how he saw in the said dream his vehicle manufacturing company known as CAP PLC. "He told me that CAP means Chukwuma Automobil
Read more

PUNISH MY ABUSERS WITHIN 48 HOURS OR FACE LAWSUIT- STUDENT BULLIED BY HER CLASSMATES THREATEN SCHOOL AUTHORITIES. (PHOTO).

-
Image
 Punish my abusers within 48 hours or face lawsuit - Student bullied by her classmates threaten school authorities The bullied student of British Lead International School, Miss. Namtira Bwala has threatened to file a lawsuit against the school authorities if her abusers are not punished within 48 hours. In a letter drafted by her lawyers, Deji Adeyanju and Co, Namtira asked the school authorities to immediately investigate and pronounce the stiffest punishments in the student’s rule book on Ms.Maryam Hassan, Miss Faliya, and nine other students who bullied her. Namtira said if the school authorities fail to sanction the student bullies within 48 hours of the receipt of the letter, she would seek immediate and severe legal redress against the school. The letter reads “We are Solicitors to Miss. Namtira Bwala (acting through her next friend), hereinafter referred to as our client, on whose instruction we act. Our client and several other parents in Lead British International School have
Read more