ANAMBRA POLICE RECORD FURTHER BREAKTHROUGH IN OGIDI, RECOVER MORE ARMS. (PHOTO). #PRESS RELEASE.

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 BREAKING NEWS ANAMBRA POLICE RECORD FURTHER BREAKTHROUGH IN OGIDI, RECOVER MORE ARMS In continuation of an earlier operation by Operatives of the Rapid Response Squad, Awkuzu, which led to the arrest of three suspects and recovery of arms in Ogidi on 21st March 2026, the Anambra State Police Command has recorded further breakthrough following sustained investigation and interrogation. The Operatives made additional progress with the arrest of the suspected ringleader of the syndicate, one Chukwuka Anene ‘M’, aged 46 years, who confessed to being the armourer of the gang. The suspect subsequently led Police operatives to the gang’s hideout in Ogidi, where the following items were recovered: two pump-action guns, two locally made Beretta pistols, five rounds of 9mm ammunition, seven live cartridges, a beret linked to a cult group, and body armour. The Command has intensified efforts to apprehend other fleeing members of the gang, while investigations remain ongoing. Further developm...
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BINANCE WILL FACE ALL DUE PROCESS ON CHARGES OF SEVERE FINANCIAL CRIME- FG. (PHOTO). #PRESS RELEASE.

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 Binance Will Face All Due Process On Charges Of Severe Financial Crime – FG 


Against the backdrop of continuing interest in the ongoing trial of rogue online platform, Binance, and one of its Chief Executives, who illegally trade in cryptocurrency in Nigeria, the Minister of Information and National Orientation, Mohammed Idris, has said due processes are being applied in all stages of the trial by the laws of the Federal Republic of Nigeria.

 

“At all stages, due process has been followed, and prosecutors are confident of their case, based on the facts and evidence gathered. Binance will have every opportunity to defend itself in court against these severe charges of financial crimes against the Federal Republic of Nigeria. The next hearing is on June 20, 2024,” Idris said.


The Minister explained that Binance, the defendant, has received consular access and all due care, following normal diplomatic protocols and the rule of law, adding that the judge in the case has sufficiently posited that bail was denied because of the flight risk, after a co-accused, now the subject of an Interpol warrant, illegally absconded.


It would be recalled that Binance had a turnover in Nigeria of over US$20 billion in 2023 alone, far above the federal budget for health and education, fueling currency speculation and the cost-of-living crisis. In addition, it is not registered in Nigeria and neither has it ever paid any taxes within the Nigerian jurisdiction, having all the while operated without oversight or any of the normal guard rails to flag criminal activity.


Idris said it is important that Binance is prefaced as an entity whose representatives have been variously imprisoned, fined, sanctioned, and banned in North America, Europe, and Asia, in recent years. 

 

“Changpeng Zhao, the billionaire co-founder and former CEO of Binance is currently serving a four-month prison sentence in the United States after being found guilty of money laundering, while Binance has openly accepted its role in facilitating terrorism, corruption, sanctions busting, and in aiding and abetting paedophile gangs.


“Law enforcement agencies believe Binance operations in Nigeria are part of a broader international pattern. It will be for the courts here, as in other jurisdictions, to hold the company and its executives accountable,” Idris said.


Rabiu Ibrahim 

Special Assistant (Media) to the Minister of Information and National Orientation.

June 5, 2024

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