The Federal Government has denied that it’s officials demanded $150 million in cryptocurrency payments as bribe to settle the prosecution of its executives in Nigeria.
It accused the company of blackmail.
Richard Teng, Binance’s chief executive officer (CEO), on Tuesday, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m bribe in cryptocurrency to settle the criminal charge against the firm.
However, Zakari Mijinyawa, the spokesman for the ONSA, said in a text message to NYT that the Federal Government would make its case “on the strength of the facts and evidence, in accordance with due process.”
“We are confident that Nigeria has a good case. Binance equally will have every opportunity under the rule of law to make its case and see justice delivered,” Mijinyawa said.
