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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ARGENTINE PRESIDENT FIRES LABOR MINISTER FOR INCREASING HIS SALARY AND THAT OF HIS MINISTERS AND CABINET OFFICIALS.(PHOTO).

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 Argentine president fires labor minister for increasing his salary and that of his ministers and senior cabinet officials. 


Argentine President, Javier Milei has fired his labour secretary for overseeing a 48 percent presidential pay increase last month amid the country's economic strain.

 

At the weekend, members of the left-leaning Peronist opposition shared details of a decree mandating the increase that bears the president’s signature.

 

During a live broadcast on LN+ channel on Monday, President Milei announced, “I’ve fired the labor secretary. Let’s say at this moment they’re notifying him.”

 

The president had been facing heavy criticism from the opposition, accusing him of hypocrisy for accepting a 48% pay increase while publicly denouncing lawmakers for their 30% salary hike.


Milei’s gross monthly salary rose from just over 4mn pesos, ($4,700 at Argentina’s official exchange rate) in January to just over 6mn pesos in February.

 

President Milei explained that the increases were triggered automatically under a decree signed by former president Cristina Kirchner, when salaries for public employees were uprated for inflation.

 

In response, Kirchner defended herself on social media, stating, “It was revealed that you and your cabinet increased your salary by 48%, and you have no better excuse than putting the blame on me, for a decree I signed 14 years ago? Admit that you signed it, cashed it out, and were caught.”

 

President Milei acknowledged the salary raise as an “error” that should not have happened.

 

Last week, Milei’s vice-president and Senate leader Victoria Villarruel and lower house leader Martín Menem approved a 30 per cent pay increase for legislators. Milei told local media on Thursday that he had asked them to reverse the rises.

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