The Nigerian government has denied the bribery allegations made by cryptocurrency exchange Binance.
Binance Chief Executive Officer Richard Teng alleged that Nigerian government officials demanded bribes to resolve its case in the country. The Federal Ministry of Information and National Orientation, in a statement on Wednesday, called Binance's claim of a $150 million bribe demand…
He said the claim by Binance CEO lacks any iota of substance – but a diversionary tactic – an attempted act of blackmail by a company desperate to confuse the public of its “criminal charges”. The government, however, maintains it will “not succumb to any form of blackmail” and will act within the law and international norms.
The Nigeria Labour Congress has rejected the recent directive by the Central Bank of Nigeria of 0.5 per cent Cybersecurity Levy on electronic transfers. Joe Ajaero, NLC President stated the NLC position in a statement made available to newsmen on Tuesday in Abuja. Ajaero was reacting to a recent circular issued by…
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Accuses Nigerian Officials Of Demanding $150m Bribe, FG Assures Of Due ProcessBinance Chief Executive Officer, Richard Teng, made the bribery allegation in a blog post published by the New York Times on Tuesday.
Read more »
How Nigerian official requested $150m bribe from BinanceNigerian government reportedly demanded $150 million in cryptocurrency bribe from Binance Limited. New York Times disclosed this on Tuesday in its report 'Behind Nigeria's Arrest of Binance Employee, Claims of a Bribe'.
Read more »
Binance CEO expresses concern over detention of top official by Nigerian govtThe Binance CEO claimed that the detained employee did not go to Nigeria as a 'decision-maker,' nor a 'negotiator
Read more »
Binance claims Nigerian officials demanded secret crypto paymentRichard Teng of Binance claimed that some Nigerian officials demanded payment secret payment to make its problems in the country 'go away'.
Read more »
Binance CEO claims Nigerian officials demanded crypto payments to 'make issues go away'Binance, a popular cryptocurrency platform, says some unknown persons in Nigeria demanded huge payments in digital currency to make their problems in the country 'go away'.
Read more »
Nigerian govt kept my husband in prison with Boko Haram members – Wife of detained Binance ExecutiveYuki Gambaryan, the wife of the detained Binance Holdings Limited executive, Tigran Gambaryan, hass told the US Parliament that the Nigerian Government kept his husband, Tigran Gambaryan, in Kuje prison together with Boko Haram terrorists and bandits.
Read more »