JUST IN: Bribery Allegation: Reps vow to take action against Binance


The House of Representatives says it will be taking appropriate action against cryptocurrency giant, Binance, over the latest bribery allegation against it.
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.
“As our employees were leaving the venue, they were approached by unknown persons who suggested to them to make a payment in settlement of the allegations,” Mr Teng wrote.

According to Mr Teng, the meeting was chaired by “Peter Akpanke, the Honourable Philip Agbese, and the Honourable Peter Aniekwe, as well as a clerk.”

Upon resumption of plenary on Wednesday, a member, Kama NkemKanma raised an order of privilege, stating that the claim by Binance CEO is an attempt to embarrass the House.

In his submission, Mr Nkemkanma claimed that the House never had any encounter with Binance.
“We have never invited this person before. This House has never had a meeting with this person before. And this person woke up one morning and decided to accuse this House of demanding a bribe from them. This House can never allow itself to be embarrassed or talked down on in any way,” he said.

Article Page with Financial Support Promotion

Support PREMIUM TIMES’ journalism of integrity and credibility
At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.
It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news? 
Support Now
x
Do this later

However, the claim by Mr Nkemkanma is false because PREMIUM TIMES reported that the House Committee had several interface with Binance.
In his ruling, Speaker Abbas Tajudeen also maintained the same false claim that the committee never had an interface with Binance.

READ ALSO: Binance CEO expresses concern over detention of top official by Nigerian govt
He, however, directed the Clerk of the House, Yahaya Danzaria, to use “media available to us refute this allegation”.
“Nothing like that has ever happened. No committee of the House has ever engaged this man,” Mr Tajudeen said.
Details later…
Share this:

Support PREMIUM TIMES’ journalism of integrity and credibility
At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.
Whether you turn to Premium Times for daily updates, in-depth investigations into pressing national issues, or entertaining trending stories, we value your readership.
It’s essential to acknowledge that news production incurs expenses, and we take pride in never placing our stories behind a prohibitive paywall.
Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news? 
Make Contribution

[embedded content]

TEXT AD: Call Willie – +2348098788999

Source:

News Archives | Premium Times Nigeria