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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ALLEGED ILLEGAL FINANCIAL TRANSACTIONS: NPF REITERATES BAN ON USE OF POS, OTHER ELECTRONIC MOBILE MONEY TRANSACTION DEVICES WITHIN POLICE STATIONS, FACILITIES. (PHOTO). #PRESS RELEASE

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 PRESS RELEASE


ALLEGED ILLEGAL FINANCIAL TRANSACTIONS: NPF REITERATES BAN ON USE OF POS, OTHER ELECTRONIC MOBILE MONEY TRANSACTION DEVICES WITHIN POLICE STATIONS, FACILITIES



Warns Violation will Attract Sanctions on Commands, Formations' Leadership


The Nigeria Police Force, following public outcry on alleged illegal and illicit transactions through point-of-sale (POS) machine operators and connivance with certain police operatives, hereby reiterates the ban on the utilization POS machines and other electronic mobile money transaction devices within police stations and other police facilities nationwide. The ban is aimed at preserving the integrity and security of police operations, forestalling perceived corrupt practices, as well as clearing the Commands/Formations of possible criminal intrusion under such guise, and maintaining discipline within the Force.


Despite previous directives, it has come to the attention of the Force leadership that some Commands and Formations continue to flout this regulation. As such, the IGP warns that any violation of this ban will attract severe sanctions on the leadership of the affected Commands and Formations. The IGP notes that the use of electronic payment devices within police facilities poses significant risks, including the potential compromise of sensitive information, financial irregularities, and the facilitation of illicit activities, therefore, strict adherence to this directive is non-negotiable.


The IGP urges all officers and personnel to comply with this directive without exception, and warns that any police officer or POS operator found contravening this order, or conniving to conduct illicit financial transactions will face appropriate disciplinary and criminal action in accordance with the extant laws and regulations, and the Command/Formation leadership will equally be held responsible.


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI,

FORCE PUBLIC RELATIONS OFFICER,

FORCE HEADQUARTERS,

ABUJA


4th March, 2024

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