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Binance’s bribery allegations false, malicious, defamatory -Rep Onwusibe

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Hon. Ginger Obinna Onwusibe,Chairman, House of Representatives Committee on Financial Crimes
By Our Reporter
Chairman, House of Representatives Committee on Financial Crimes and lawmaker representing Isiala Ngwa North/Isiala Ngwa South Federal Constituency of Abia State, Hon. Ginger Obinna Onwusibe has denied allegation that bribes were demanded from the cryptocurrency firm, Binance and its officers by the committee, describing it as malicious and defamatory.
Onwusibe also denied any coordination with congregational investigation and the Office of the National Security Adviser, ONSA.
Head of Financial Crime Compliance, Binance, Tigran Gambaryan, who was arrested and detained alongside one of his staff members in Nigeria for several months over alleged corruption, had named three members of the House of Representatives for allegedly demanded a bribe of $150million from him to avoid security agencies from swooping on him.
Taking to his verified X (formerly Twitter) handle on Friday, Gambaryan named Philip Agbese, Ginger Onwusibe and Peter Akpanke, all members of the House, as the men who allegedly demanded the huge sum from him.
Reacting to the allegation in a statement titled: “Limited reaction to false, malicious and defamatory publications against me by Tigran Gambaryan of Binance” and made available to newsmen in Abuja, insisted that no bribes were demanded from the firm by the committee on behalf of its members or any other people.
“I want to categorically deny any coordination between our Congressional investigation and the Office of the National Security Adviser (ONSA), particularly, the NSA, Mr. Nuhu Ribadu. No one in the ONSA, including Mr. Ribadu directed us to demand bribes from Binance and its officers on their behalf or ours and no such bribes were ever demanded.
“Similarly, no coordination existed between me, my Committee and the ‘Head’ of the Securities and Exchange Commission (SEC) and the Governor of the Central Bank of Nigeria (CBN) as alleged by Mr. Tigran Gambaryan in his publication today on X as well as the ones he planted in NPR and WIRED publications and no bribes were demanded by my Committee on their behalf.
“As already stated above, our Committee never coordinated with the Economic and Financial Crimes Commission (EFCC) or the Nigerian Financial Intelligence Unit (NFIU) over whom we have oversight powers,” he stated.
Besides the Gambaryan’s post on X, Onwusibe added that his attention was also drawn to a publication in the NPR media website, titled “THE  ‘CRYPTO WIZARD’ VS. NIGERIA” published on February 11, 2025 written by Dina Temple-Raston, Nick Fountain, Jess Jiang, Emma Peaslee and Sean Powers as well as another publication in the WIRED media website titled “THE UNTOLD STORY OF A CRYPTO CRIME FIGHTER’S DESCENT INTO NIGERIA PRISON” published on February 10, 2025 written by Andy Greenberg “all of which contained very damaging, false, malicious and defamatory accusations against me.”
The lawmaker, said he was only giving a limited response “because the issues raised in the said publications are subjudice being subject of a court action initiated by me against Binance and their Managing  Director/CEO, Mr. Richard Teng which is pending before a High Court of the Federal Capital Territory,  Abuja.”
He explained that his Committee had in December 2023 received a petition from a civil society organisation-cum-non governmental organisation, SO/NGO, the Empowerment for Unemployed Youth Initiative alleging multiple financial and economic crimes and irregularities  perpetrated by Binance against the Nigerian economy and State.
“Upon receipt of the said Petition, we wrote to Mr. Richard Teng who is the Managing Director/CEO of Binance, inviting him to appear before the Investigative/Public Hearing set up  by the Committee to investigate the allegations bordering on breach and non-compliance by Binance with extant Laws and Regulations related to their operations in Nigeria.
“Binance and Mr. Teng through their representatives contacted the Committee, in order to agree on a convenient date for them to appear and testify at the ìnvestigative/public hearing and the 10 day of  January 2024 was agreed as a convenient date for a public hearing on the matter
“Before the agreed date of the 10 day of January 2024 when the public hearing was scheduled to  hold, Binance reached out to the Committee to request for a pre-hearing meeting which will afford  them an opportunity to gain deeper insight into details of the allegations against them in order to  assist them in preparing for the investigative/public hearing. The Committee conceded the request by Binance and scheduled the pre-hearing meeting for the 8th day of January 2024 at the National  Assembly complex,” the statement reads in parts.
Onwusibe emphasized that it was Binance who requested for the meeting and not him or the committee, adding that there would have been no meeting between them on January 8, 2024, a day which he was «unavoidably absent from Abuja” due to assignment with another Committee of the House of of which he is a member.
The lawmaker further informed that Richard Teng had on May 7, 2024 published in a Blog Post on the Website,  Binance.Com, an article authored by him titled “TIGRAN GAMBARYAN IS INNOCENT AND  MUST BE RELEASED” which according to him contained false, malicious and defamatory allegations against me”, adding that “on the same date, Teng uploaded the article to his X (formerly Twitter) handle.”
He argued that the specific allegation made by Mr. Richard Teng and Binance initially was that demands for bribes were made by “unknown persons” after they had left the pre-hearing meeting, saying “this is contrary to the allegation now made by Mr. Gambaryan today that demands  for bribes were made during the meeting allegedly held in a room/office equipped with  “fake” cameras and microphones.’
Onwusibe added that until the publications by Teng on May 7, 2024 he was not aware that the executive arm of Federal Government and its agencies were conducting their own separate investigations into the activities of Binance in  Nigeria, insisting that neither himself nor the House of Representatives Committee on Financial Crimes coordinated with any of the agencies.
The lawmaker stated that he would continue to seek appropriate redress, remedies and take all lawful measures, including Court action to clear his “good” name.

Law & Crime

Cooking Gas Price Surge: HURIWA Condemns Economic Cruelty, Says Uncontrolled Profiteering Violates Citizens’ Right to Life

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By George Mgbeleke

The Human Rights Writers Association of Nigeria (HURIWA) expresses deep outrage and grave concern over the alarming escalation in the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, which is now reportedly selling for as much as N2,000 per kilogram in many parts of Nigeria.
This disturbing development has pushed cooking gas beyond the reach of millions of ordinary citizens and has further worsened the already unbearable cost-of-living crisis confronting Nigerian households. It is unacceptable that in a nation blessed with abundant natural resources, citizens are being subjected to economic conditions that make basic survival increasingly difficult.
HURIWA strongly asserts that the astronomical rise in the price of cooking gas is not merely an economic issue but a fundamental human rights concern. The direct consequence of making essential household energy unaffordable is mass hunger, malnutrition, disease, and avoidable deaths among vulnerable populations. Families already struggling with rising food prices, transportation costs, electricity tariffs, and healthcare expenses are now being forced to choose between cooking their meals and meeting other basic necessities.
The association maintains that this situation offends the spirit and provisions of Chapter IV of the Constitution of the Federal Republic of Nigeria, particularly the fundamental right to life. While the Constitution places a solemn obligation on government to safeguard the lives and welfare of citizens, the prevailing atmosphere of unchecked price increases is producing the exact opposite effect.
A government that watches helplessly while essential commodities become inaccessible to the majority of citizens cannot claim to be fully discharging its constitutional and moral responsibilities. The right to life is not limited to protection from bullets and violent attacks; it also encompasses the obligation of the state to create conditions that make life sustainable and dignified. When citizens are pushed into extreme deprivation through unchecked economic hardship, the consequences are often fatal.
HURIWA is particularly alarmed by what appears to be the absence of effective regulatory intervention to curb the activities of profiteers who exploit citizens during periods of economic uncertainty. No serious democracy permits unrestrained profiteering at the expense of public welfare. Across the world, responsible governments deploy regulatory mechanisms, market interventions, strategic reserves, consumer protection frameworks, and anti-monopoly measures to prevent exploitative pricing of essential commodities.
It is therefore unacceptable that under the current administration, Nigerians are being left at the mercy of market forces and profit-driven actors whose actions are worsening poverty and deepening social misery. Government cannot continue to distance itself from the suffering of the people by attributing every hardship to market realities while citizens sink deeper into economic despair.
The Tinubu administration must immediately investigate the factors responsible for the outrageous increase in cooking gas prices and take urgent steps to stabilize the market. Regulatory agencies must be empowered to identify and sanction individuals and companies engaged in exploitative pricing practices. The government should also consider targeted interventions and fiscal measures capable of reducing the cost burden on consumers.
HURIWA warns that continued inaction could trigger wider social and humanitarian consequences, including increased dependence on firewood and charcoal, environmental degradation, worsening public health conditions, and greater hardship for already impoverished households.
The association reiterates that governance must ultimately be measured by its impact on the lives of citizens. Any economic policy or regulatory failure that results in widespread hunger, suffering, and preventable deaths cannot be justified under any democratic system.
Nigerians deserve a government that actively protects them from economic predators, safeguards their welfare, and upholds the constitutional guarantee of the right to life and human dignity.

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Law & Crime

Eight suspected fake pastors arraigned in. Court in Anambra

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The arrested alleged fake pastors

By Our Correspondent

In a bid to rid the state of criminal activities, eight suspected fake pastors arrested from Onitsha, Awka and other parts of Anambra State were on Friday arraigned at the Anambra State High Court, Awka, the state capital

The eight pastors arraigned in court include, Peter Chukwu, Chinedu Egwuonwu, Bishop Emeka Nwankpa, Ebele Nnachukwu and Ekeleme Chris Ugochukwu

According to a government source, and media adviser to state Governor , Mr Ejimofor Opara the pastors who he described as fake pastors violated the 2025 Homeland Security Law.

The prosecution marks one of the most significant legal actions taken under the relatively new security legislation, which the state government says was enacted to tackle insecurity, fraudulent spiritual practices, and criminal networks operating under various disguises.

The defendants were brought before the court by operatives of Agunechemba, the state’s security outfit, in a case that is already attracting public attention across Anambra and beyond.

Leading the prosecution is the Attorney General and Commissioner for Justice, Tobechukwu Nweke (SAN), underscoring the significance the state government attaches to the matter.

The arraignment follows months of investigations and enforcement actions by state authorities targeting individuals accused of operating outside acceptable religious and social boundaries.

Recall that last year, some native doctors who were promoting get-rich-quick practices were also arrested. While some has been prosecuted and hailed, others are still undergoing trial.

.The latest court action comes against the backdrop of the Anambra State Government’s ongoing campaign to sanitize the religious and traditional sectors, which authorities claim have increasingly been infiltrated by individuals allegedly encouraging criminal behavior through deceptive spiritual practices.

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Law & Crime

About seven SANs expected to grace 2026 NBA Law Week in Niger state

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NBA National President Barr.Afam Osigwe

By Uthman-Baba Naseer,Minna

Not fewer than seven Senior Advocate Of Nigeria (SANs) are expected to participate at the Minna Branch of Nigerian Bar Association (NBA) 2026 Law week which commenced with special Juma’at prayers.

The Chairman organizing Committee of the Minna Branch NBA 2026, Law Week Mallam Mohammed Abdukadir Waziri Esq, disclosed this at a media briefing in Minna in preparation to the Law Week.

He stated that the a Week- long programme of the Law Week is dedicated to professional development, Knowledge sharing,networking and promotion of the ideals of the legal profession.

According to the organizing Committee Chairman,the Minna Branch of the NBA is set to host a variety of activities “ carefully designed to engage members of the Bar,deepen legal discourse and strengthen the bonds of fellowship within the legal community”.

The Bar week, with the theme “ Law,Governance and Politics: The role of the legal Profession in Advancing the rule of Law in Nigeria’s Democracy”, which will also discuss intellectual sessions, sporting engagements, social events and opportunies for interaction among legal practitioners and stakeholders.

He disclosed further,that members of branch will participate in Health Walk while the evening will feature a BBQ and indoor Games session at the High Court Complex while on Monday,the 8th of June, members will collect Law Week materials and the Chief of Niger State Justice Halima Ibrahim Abdulmalik will host members for Cocktail.

Abdukadir Waziri pointed that the event proper will formally be declared open on Tuesday,the 9th June 2026 with the Grand opening ceremony,which is expected to attract eminent members of the Bench,Bar government officials and other distinguished guests.

Speaking further,Waziri stated that keynote speaker will be a reknown legal luminary in the North Abdul Muhammad Rafindadi,a Senior Advocate of Nigeria ,while the Chief Judge of Niger State will chair the session and the Attor- General and Commissioner for Justice in Niger State will be host

While commending member local organizing Committee of the 2026 Minna Law Week, Abdukadir Waziri noted that the NBA Minna Branch remains Committed to advancing professional excellence,promoting continuos learning and fostering unity among members.

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