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Binance

3 Results / Page 1 of 1

National

Binance : House Commits To Transparency, Constitutional Oversight Functions

The House of Representatives has dismissed recent media reports alleging bribery involving some lawmakers in the ongoing Binance investigation, stating that the claims target individuals, not the institution. In a statement in Abuja by the House Spokesperson, Akin Rotimi, the statement maintains that the House remains committed to due process, the rule of law, and its constitutional oversight functions. Rotimi clarifies that the bribery allegations, which surfaced last year, have […]

todayFebruary 16, 2025

National

Okafor Denies Collecting $140m From Binance Company

The Deputy Chairman of the House of Representatives Committee on Delegated Legislation, Member Representing Aguta Federal Constituency of Anambra State, Mr. Dominic Okafor has threatened to sue for defamation over allegations that he collected a $140 million bribe from Binance Cryptocurrency. An online newspaper had in its Thursday edition alleged that Okafor collected $140 million from Binance to facilitate the exoneration of its executives who were declared wanted by the […]

todayMay 10, 2024

National

House Committee Recommends Arrest Of Binance Executives

The House of Representatives Committee on Financial Crimes has recommended the arrest of Binance executives, after they failed to attend an ongoing investigative hearing. The executives were expected to address concerns regarding allegations of financing terrorism, money laundering, tax evasion, and other financial crimes. Despite sending legal representation, the committee insisted that the executives themselves must appear. Binance's lawyer, Senator Ihenyen cited concerns due to recent arrests of company executives. […]

todayMarch 4, 2024