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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

Ibrahim Files ₦50 Billion Defamation Suit Against Punch, Columnist Over UN Appointment Critique

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A major legal battle is unfolding in Nigeria’s media and political landscape after Senator Jimoh Ibrahim filed a ₦50 billion defamation suit against Punch Newspapers and veteran columnist Sonala Olumhense over a sharply critical opinion article questioning his suitability for diplomatic office. The lawsuit follows the publication on March 15, 2026 of Olumhense’s column titled “Jimoh Ibrahim, in broad daylight,” which examined the senator’s record shortly after his appointment as Nigeria’s Permanent Representative to the United Nations by President Bola Ahmed Tinubu.

The column, written in Olumhense’s characteristic accountability style, revisited a series of controversies surrounding Ibrahim’s business career, arguing that such matters were of legitimate public interest given the international scrutiny attached to Nigeria’s UN representation. Among the issues highlighted were the acquisition and eventual collapse of ventures such as NICON Airways and Air Nigeria, with references to longstanding allegations that employees of the former were left without salaries and pensions for years despite court awards. The article also mentioned disputes linked to NICON Insurance and raised questions about Ibrahim’s broader financial dealings.

Olumhense’s piece further referenced regulatory and financial controversies that have trailed the senator over the years, including the 2020 seizure of multiple properties by the Asset Management Corporation of Nigeria over a reported ₦69.4 billion debt. It also cited past investigations by agencies such as the Economic and Financial Crimes Commission and the Federal Inland Revenue Service, including allegations relating to tax obligations and documentation issues. The columnist framed the discussion as a necessary review of publicly documented matters, arguing that diplomats posted to the United Nations inevitably face scrutiny from international media and policy observers.

However, Ibrahim’s legal team, led by prominent advocate Adeniyi Akintola, a Senior Advocate of Nigeria, has strongly rejected the article’s characterisation of the senator’s record. According to the lawyers, the column contains what they describe as deliberate distortions of court rulings and a misleading presentation of legal disputes that the senator claims to have successfully defended in court. They point in particular to Supreme Court judgments and a high-profile case involving Union Bank of Nigeria, where Ibrahim has previously stated that the courts awarded him a judgment exceeding ₦400 billion.

The legal action, which is expected to be formally filed beginning March 16, seeks ₦50 billion in damages for reputational harm and what Ibrahim’s lawyers describe as a coordinated smear campaign intended to undermine his credibility as a public official. Early reports of the impending suit were circulated by regional platform Ondo Events, though major national outlets had yet to provide extensive coverage at the time the news began spreading. As of Monday, Punch had not issued an official response to the legal threat.

The dispute places at the centre a familiar tension in Nigeria’s public life: the balance between the right of public officials to defend their reputation and the media’s role in scrutinising those who hold or seek positions of national representation. With Ibrahim preparing to take up a highly visible diplomatic role, the outcome of the case could become an important test of the boundaries between defamation law and press freedom in Nigeria’s evolving democratic landscape.

©️The Insight Lens Project.

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Late Richard Ekpebu: George Idumange, four other suspected killers of Estate Agent arraigned, remanded in prison till April 14th

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By David Owei, Bayelsa

George Idumange popularly known as Pastor Brandy, the key suspect in the murder of the 42 years old Bayelsà State Estate Agent, Richard Ekpebu and four others were yesterday arraigned before the State High Court on twelves counts charges of conspiracy for murder, Murder, illegal possession of firearms, armed robbery and destroying of evidence among others.

Also arraigned along with George Idumange, were his girlfriend, Miss Victory Bernard, 23; a personnel with the Okaka Medium Correctional Centre with the rank of ASP equivalent, Ekiamene Amaoniye, aka Cash Money; Ibo Imaremi Gold, alias Police, 34; and Henry Igwe, 35.

After the charges in the suit numbered BYHC/YHC/CR/19/2026, were read to the accused, they all pleaded not guilty to all the charges.

The presiding Judge, Justice Raphael Ajuwa, after listening to the arguments of the Prosecuting Counsel on behalf of the State and the DPP, E.J.Peterside Esq and the Defence Counsel, M.Y.Benabo Esq (for 1st&4th accused), Azi Ovana Esq (2nd accused) and Wariebi Igberikubo Esq (5th accused) and Okunade Esq, he granted the application of the state that the suspects be remanded at the Okaka Medium Correctional Center pending trial.

Also the sister to the key suspect, identified as Queen Felix , who is the 6th accused, was however not in court.

The Directorate of Public Prosecution (DPP) headed by Peretimi Judith Peterside Esq told the court the 6th accused was initially granted administrative bail from her sick bed.

” She was very sick. And she is still not available and the shorty is not available too. She is not actually charged with murder but forgery.she can be charged separately.”

Justice Ajuwa however adjourned the case to April 14,15 and 16th after assurances from the State Prosecuting team that they have a total of twenty witnesses and are ready to present them in court in batches of three per session.

Late Richard Ekpebu, a known Estate Agent, was murdered in cold blood over a land sales deal and his body dumped in a bush along the New Otuoke Road near Bayelsa Palm on July 24, 2025.

The police tactical team of the Operation Puff Adder led by CSP Chris Nwaogbo, following a thorough investigation in Lagos, Port Harcourt and Yenagoa, arrested five suspects over the killing.

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Group Clarifies EFCC Petition Withdrawal in Controversy Involving VeryDarkMan, Ifeanyi Udezue

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Chief Ositadimma Nwoye, and others

BY Abdul-Ganiyy Akanbi

The Igbo Community Assembly Abuja has called for responsible public discourse and adherence to due for the process following a viral social media video that raised allegations about a business transaction involving one of its leaders.

During a press conference in Abuja, the Chairman, Chief Ositadimma Nwoye, the Assembly emphasised the need for Nigerians to avoid spreading unverified information that could harm reputations and create unnecessary tension in society.

The group said it was reacting to a viral video in which Mr. Ifeanyi Udezue made claims through social media activist, Martins Vincent Otse, popularly known as VeryDarkMan, regarding a business transaction involving Chief Austin Oguejiofor.

According to the Assembly, Chief Austin Oguejiofor, also known as Onwa Enugwu-Ukwu, is the Chairman and Chief Executive Officer of First Rotech Group and has built a reputation in the real estate sector spanning more than three decades.

The group noted that the businessman has also supported several organisations and initiatives, serving as Grand Patron of Ohanaeze Youth Worldwide, Grand Patron of Anambra State Association Europe, Grand Patron of Anambra State Association Turkey, and Grand Patron of the Radio Television Theatre and Arts Workers Union of Nigeria.

It also expressed concern over the manner in which respected Igbo elder and business leader Arthur Eze was referenced in the viral content.

“Respected leaders within our community deserve to be addressed with the decorum and dignity befitting their status,” the group said.

It further noted that issues relating to the Economic and Financial Crimes Commission were mentioned in the viral video but clarified that available documentation shows the petition earlier submitted to the commission had been withdrawn.

“Available information and documentation indicate that the petition earlier submitted to the EFCC was subsequently withdrawn… which contradicts the narrative suggesting compromise by the anti-graft agency,” the Assembly stated.

According to the group, documents such as registration records from the Corporate Affairs Commission and legal search reports relating to the business transaction also exist and provide additional context to the matter currently being discussed publicly.

It also referenced claims in the video that the content creator had held discussions with High Chief Oguejiofor, urging that the outcome of such interactions be presented in full to ensure fairness and balanced public understanding.

Calling for restraint, the group urged all parties to resolve disputes through lawful channels.

“Where disagreements arise from business transactions, the most appropriate avenue for resolution remains a court of competent jurisdiction or other legally recognised dispute-resolution mechanisms,” he added.

The Assembly further appealed to social media commentators to exercise caution and due diligence when discussing sensitive matters involving individuals and community institutions.

It reaffirmed commitment to protecting the integrity of its members while promoting fairness, accountability, and respect for the rule of law.

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