The CEO of Binance, Richard Teng, in a post on Tuesday, stated that the House Committee on Financial Crimes, chaired by Ginger Onwusibe (LP, Abia), demanded money from representatives of Binance during a meeting at the National Assembly Complex in January.

We would like to remind Binance that it will not clear its name in Nigeria by resorting to fictional claims and mudslinging media campaigns."

The Federal Government says the bribery allegation by Binance is a diversionary strategy to run away from their wrongdoings

The Minister of Information and National Orientation, Mohammed Idris, made this known in a statement issued by his media aide, Rabiu Ibrahim, on Wednesday in Abuja.

According to the minister, the Federal Government 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.

The Organisation made false allegations of bribery against unidentified Nigerian Government officials, who it claimed demanded 150 million dollars in cryptocurrency payments to resolve the ongoing criminal investigation against the company.

“This claim by Binance 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.

“While this lawful investigation wa[code][/code]s going on, an executive of Binance, who was in court-sanctioned protective custody, escaped from Nigeria, and he is now a fugitive from the law.

“Working with the security agencies in Nigeria, Interpol is currently executing an international arrest warrant on the said fugitive.

“The phantom bribe claim is part of an orchestrated international campaign by this company that is facing criminal prosecution in many countries including the United States, to undermine the Nigerian Government,” Mr Idris said.

The minister recalled that, a week back, the founder and former CEO of Binance, Changpeng Zhao, was sentenced to prison in the United States after pleading guilty to similar charges to what Binance was being investigated for in Nigeria.

He added that Mr Zhao agreed to pay a fine of 50 million, while Binance is liable for 4.3 billion dollars in fines and forfeitures to the US Government.

“We would like to remind Binance that it will not clear its name in Nigeria by resorting to fictional claims and mudslinging media campaigns.

“The only way to resolve its issues will be by submitting itself to unobstructed investigation and judicial due process.

“The Federal Government will continue to act within its laws and international norms and will not succumb to any form of blackmail from any entity, local or foreign,” Mr Idris stressed. (NAN)

Source: https://twitter.com/PremiumTimesng/status/1788567328554197185?t=pbXhK1P0mxjo3oWn6dgx0Q&s=19


Nlfpmod Seun mynd44 Lalasticlala

Bitter Obi people will protect their own criminal.

This is why I agree 100% with Doyin Okupe when he said Peter Obi joined LP to actualise his dream of becoming president. Now, useless men who rode on his popularity to win elections are going about showing their true colours.

Give that Onwusibe Obi Bitters to cure the BATeria of corruption in his system

SmartPolician:
This is why I agree 100% with Doyin Okupe when he said Peter Obi joined LP to actualise his dream of becoming president. Now, useless men who rode on his popularity to win elections are going about showing their true colours.

Did you read clearly what the federal government said?
Did you read clearly the statement from the House of Representatives?
Read with understanding to avoid uneducated comments.

The Op is a wicked crook, he deliberately coined the headline to deceive people like him who only read headlines
The stupid headline is as if the honorable Rep. demanded for money from the binance officer, but when you read the content nothing like bribe was demanded.
LP and PETER OBI will remain a nightmare to agbado munchers.
Thank God , bitter Obi is readily available to cure them

Justnation:
The Op is a wicked crook, he deliberately coined the headline to deceive people like him who only read headlines
The stupid headline is as if the honorable Rep. demanded for money from the binance officer, but when you read the content nothing like bribe was demanded.
LP and PETER OBI will remain a nightmare to agbado munchers.
Thank bitter Obi is readily available to cure them

The OP. Obembet is a newly Bateria infested person

Yesterday, this same Op wanted to score a useless point with an ADC candidate. Obinna Nwosu who defected to APC.

In their usual lies and hatchet job, the OP changed the guys party to LP.

Lizzysamuel:


The OP. Obembet is a newly Bateria infested person

Yesterday, this same Op wanted to score a useless point with an ADC candidate. Obinna Nwosu who defected to APC.

In their usual lies and hatchet job, the OP changed the guys party to LP.

They are really suffering severe pain and shame, nothing to hold on to for a minor consolation.

PETER OBI you are too much jare

ElevationD:


Did you read clearly what the federal government said?
Did you read clearly the statement from the House of Representatives?
Read with understanding to avoid uneducated comments.

Gringory Obi the Hero Brewer, is a Panama Criminal.

Justnation:
The Op is a wicked crook, he deliberately coined the headline to deceive people like him who only read headlines
The stupid headline is as if the honorable Rep. demanded for money from the binance officer, but when you read the content nothing like bribe was demanded.
LP and PETER OBI will remain a nightmare to agbado munchers.
Thank God , bitter Obi is readily available to cure them

Empty Barrels, go to Aso Rock, abi na social media your presidency dey?

Labour party members and supporters are all criminals

Thanks for this info. Now, the government knows who to discipline for this show of shame. An individual crime shouldn’t be used to spoil Nigeria’s name on the global stage.

See the party that wants to rescue Nigeria

Putindbutt:
Bitter Obi people will protect their own criminal.

favor914:
Gringory Obi the Hero Brewer, is a Panama Criminal.

Your likes are too many on social spaces like this, who are either still in the secondary school, or have only recently completed your SSS3. Your poor words gave you away as a poorly educated person. I advise you to shut up your mouth, stop polluting social media spaces, read comments and learn, otherwise it will be very difficult for you to have common sense.

Everything about labour party and obi is of falsehood, mischief, intimidation, lies and character assassination