Federal Government Refutes Binance Bribery Allegations

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

The Minister of of Information and National Orientation, Alhaji-Mohammed Idris made this known in a statement issued by his media aide, Mr 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 organization 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 was 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,” Idris said.