Politics

Ribadu Office vs $150m Bribe: Reno Omokri Makes Demands From Binance

Updated Wednesday, May 08, 2024 at 7:07 AM by Bada Yusuf 3 min read

A PDP chieftain and former presidential aide, Reno Omokri, has condemned the allegation by Binance that officials in NSA Nuhu Ribadu's office demanded bribe from the cryptocurrency company
Omokri said the allegations were a ploy to escape the prosecution for their criminality because Binance had just admitted to money laundering and other dishonest acts in the US
The former presidential aide then challenged the cryptocurrency company to name names of the officials who demanded the $150 million bribe at the NSA office

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Reno Omokri, the former presidential aide and chieftain of the Peoples Democratic Party (PDP), has challenged the cryptocurrency exchange Binance to name names of the officials from the office of the National Security Adviser (NSA) Nuhu Ribadu who demanded a $150 million bribe from him.

Why Binance is lying by Reno Omokri

The PDP chieftain said it would be best for Binance to name the officials who demanded the bribe so that the Nigerian government could erase the company's name from the probe.

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The federal government, through the office of the NSA, is currently prosecuting the cryptocurrency company's activities over alleged manipulation of the foreign exchange rate, which led to the arrest of its executive.

In an interview with the New York Times, Tigran Gambaryan, a compliance officer of Binance, alleged that the cryptocurrency company's failure to bribe officials led to the arrest and prosecution of its executive.

How Binance admitted to money laundering

But Omokri, in his reaction, said the "allegations are a desperate ploy to escape the consequences of their criminality" and wondered why the New York Times would publish such allegations by a company that recently admitted to money laundering and other criminality in the United States.

Omokri's statement reads in part:

"Binance's sudden claim that Nigerian officials asked them for a $150 thousand bribe to make their criminal case go away and that their refusal to pay the bribe is why their executives were arrested and are facing trial in Nigeria is a desperate lie by a notoriously dishonest organisation, whose immediate past CEO, Changpeng Zhao, is currently the recipient of an American prison sentence for money laundering."

Read the full statement here:

Omokri hails Ribadu's move against Binance

Legit,ng earlier reported that Reno Omokri, a PDP chieftain, explained that the naira began to gain its feat when Binance, a global cryptocurrency company, left Nigeria.