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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SENATE PROBES PURCHASE OF PRESIDENTIAL YACHT. (PHOTO).

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Senate probes purchase of Presidential Yacht

The Senate Committee on Navy has said it would investigate the circumstances and issues surrounding the controversial Presidential yacht within the next one week.
The Committee chaired by Senator Gbenga Daniel, according to a statement by his media office, said the probe was in response to escalating controversy surrounding the procurement of a yacht.
The primary objective of the probe, according to the statement, is to “uncover the facts, dispel uncertainties, and provide the public with an accurate and comprehensive understanding of the situation.”
Apart from the investigation, the Committee also resolved to visit all naval facilities across the country with a view to prioritizing training and welfare of naval personnel and veterans, while emphasizing the need for improved funding for the Nigerian Navy to perform their critical role in the nation’s economic and security sector.
The Committee further resolved to promote the modernization of the Nigerian Navy’s fleet, enhance its operational capabilities and push for naval research and development agencies.
Since the news of the intended procurement of the Presidential Yacht leaked in the media, it has generated serious controversy with many Nigerians pointing accusing fingers at the presidency for being insensitive.
The uproar over the potential acquisition of the yacht has gained substantial attention since it was first disclosed in the media.
Many Nigerians have voiced their concerns and criticism, with a significant number expressing displeasure about how such a luxury item can find its way into the Supplementary Budget.
Given the conflicting and contradictory reports circulating in the media regarding the yacht’s acquisition, Otunba Daniel, at the helm of the Senate Committee on Navy, has identified the need for a thorough investigation.
Many Nigerians believe that the position of the Senate Committee in this regard signifies a significant step toward transparency and accountability within the government by the senate.

 

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