Connect with us


BIG STORY

Binance’s Bribery Claim An Attempt To Distract Nigerians From Alleged Crimes — Reps Panel

Published

on

The House of Representatives committee on financial crimes claims that Binance’s bribery claim is a ploy to deflect criticism away from the purported crimes committed against them in Nigeria.

The largest cryptocurrency company claimed on Tuesday that certain unidentified individuals in Nigeria have requested large payments in digital currency in order to “make their problems in the country go away.”

Background

The house committee on financial crimes has been investigating Binance for multiple crimes, including alleged money laundering, illegal operations, financial terrorism, and tax evasion.

On February 28, the federal government detained two top executives of Binance, as part of a probe into illegal operations in the country and forex manipulations.

The detained executives included Nadeem Anjarwalla, a 37-year-old British-Kenyan and Binance’s regional manager for Africa; and Tigran Gambaryan, a 39-year-old US citizen and Binance’s head of financial crime compliance.

Anjarwalla escaped from custody in March but was reportedly rearrested in Kenya in April.

On March 5, the Nigerian government filed a criminal charge against Binance for “tax evasion”, the same period Anjarwalla escaped detention.

Last Wednesday, the house of representatives denied demanding bribe from Binance, saying “nothing like that has ever happened”.

‘Binance Blackmailing Lawmakers’

Addressing a press conference on Tuesday, Ginger Onwusibe, chair of the committee, said the bribery allegation by Binance is a red herring.

“The sophisticated criminality of Binance is clearly demonstrated by its actions in organising and carrying out the escape from the lawful custody of the office of the national security adviser (ONSA) and the Economic and Financial Crimes Commission (EFCC) on the 23rd day of March 2024, of its employee, Mr Nadeem Anjarwalla, using forged Kenyan passport while his genuine British passport is still in the custody of the authorities,” Onwusibe said.

“It is important to emphasize that Nigerian security and regulatory agencies such as the ONSA, EFCC, NFIU, SEC, and  CBN were already investigating the alleged criminal activities of Binance independent of the petitions before the committee.

“Clearly, the criminal activities of Binance in Nigeria had gained notoriety. Indeed, the criminal activities of Binance is not just a Nigerian issue but a global problem.

“The committee will continue with its functions and assignments undeterred.

“We recognise that the blackmail by Binance is merely an attempt to distract and draw attention away from the serious allegations of criminality against it which is now compounded by its role in the security breach of the sovereign Nigerian state.”

The committee said it will continue its work with “integrity, transparency and competence” and will not be “diminished or deflated by the shenanigans of Binance and other enemies of Nigeria”.

 

Credit: The Cable

BIG STORY

JUST IN: Ooni’s Ex-Wife Naomi, 7 Others Arrested Over Children’s Funfair Stampede In Ibadan

Published

on

The Oyo State Police Command has announced the arrest of the ex-queen of the Ooni of Ife, “Naomi Silekunola”; the Principal of Islamic High School, Ibadan, “Fasasi Abdulahi”; and six others in connection with the deaths of several children during a stampede at a funfair in Ibadan, the state capital, on Wednesday.

The ex-queen was identified as the primary sponsor of the event.

Furthermore, the number of children who have died from the stampede has increased to 35, while six others are critically injured, according to a statement issued on Thursday by the State Police Public Relations Officer, “Adewale Osifeso.”

The event, which was held at the Islamic High School, Basorun, Ibadan, was intended for 5,000 children, but reportedly over 7,500 attended.

 

More to come…

Continue Reading

BIG STORY

NAFDAC Seal Shops, Destroy Items Worth N5bn In Aba Market Over Fake, Expired Products

Published

on

The National Agency for Food and Drug Administration and Control (NAFDAC) has shut down 150 shops at Eziukwu Market, Aba, Abia State.

The Agency disclosed this in a statement it posted on its X handle on Wednesday.

It said its team uncovered large-scale production and distribution of fake and expired goods, including beverages, carbonated drinks, wines, spirits, vegetable oils, and revalidated food items such as “noodles,” “powdered milk,” and “yoghurt.”

NAFDAC noted that the team destroyed items that were valued at ₦5 billion.

Describing the market as a hub for counterfeit and substandard products, the Agency’s Director in the Southeast Zone, Martins Iluyomade, expressed dismay at the continued illegal activities, despite a previous undertaking signed by market leaders in December 2023 to expose counterfeiters.

The statement added that NAFDAC DG, Prof. Mojisola Adeyeye, reaffirmed the Agency’s zero tolerance for such practices and emphasised its unwavering commitment to safeguarding public health while working toward a permanent solution to the problem of counterfeit products in the market.

Continue Reading

BIG STORY

Lil Smart Files Petition Against Naira Marley, Zinoleesky Over ‘Threat To Life’

Published

on

Lil Smart, the Nigerian dancer, has filed a petition against Naira Marley and Zinoleesky over an alleged threat to his life.

On December 9, Smart shared disturbing photos and videos on social media, claiming that his life was at risk.

He warned that Naira Marley and Zinoleesky should be held responsible if anything were to happen to him.

Zinoleesky, however, denied the allegations, accusing Smart of “chasing clout.” He also threatened legal action against the dancer.

In a recent (now deleted) Instagram post, Smart claimed that he had previously endured bullying from the singers but lacked the evidence necessary to take legal action.

He mentioned that he has now officially submitted his petition, with the required evidence, to the authorities and is hopeful that the legal system will provide him justice.

“This has not been the first or third time I have been experiencing this bullying. But I did not have enough evidence to face the law. Now, I thank God that I have very good evidence, and I will put everything I have in line to make sure this bullying and threat to life is stopped,” he said.

“With my evidence, I really hope that they are not too big to be apprehended and face the law. I have submitted my petition, and I have provided my evidence to the authorities. By God’s grace, the law that binds us as citizens of Nigeria will make sure I get the justice I deserve.”

Naira Marley has yet to comment on the allegations.

Continue Reading



 

Join Us On Facebook

Most Popular