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Binance: Gambaryan’s allegations false, malicious, defamatory – Rep Onwusibe

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Chairman of the House of Representatives Committee on Financial Crimes, Rep. Ginger Onwusibe, has denied the allegations of bribery made against him by the Head of Financial Crime Compliance of Binance, Tigran Gambaryan.

Onwusibe, in a statement issued in Abuja on Saturday, described Gambaryan’s claims as false, malicious and defamatory.

The News Agency of Nigeria (NAN) reports that Gambaryan, who spent eight in a Nigerian detention facility over alleged corruption, had named three members of the house who allegedly demanded a $150 million bribe from him.

Gambaryan had, in his verified X account on Friday, named Philip Agbese, Obinna Onwusibe and Peter Akpanke as the lawmakers who demanded the bribe from him.

NAN reports that one of the lawmakers, Agbese, had since denied Gambaryan’s allegations, calling on him to support his claims with evidence or face the consequences of his actions.

Onwusibe, in the statement on Saturday, said that his committee began investigating Binance after receiving a petition from a civil society organisation, Empowerment for Unemployed Youth Initiative.

He said that the petition alleged that Binance had engaged in financial and economic crimes which posed a threat to the Nigerian economy.

“In response, the committee invited Binance’s CEO, Richard Teng, to appear before a public hearing scheduled for Jan. 10, 2024.

“However, before that date, Binance requested a pre-hearing meeting to better understand the allegations against them,” he said.

Onwusibe stated that the committee agreed to the request and rescheduled the meeting for Jan. 8, 2024 at the National Assembly complex.

He said that because he would not be able to attend the meeting due to other official engagements, he delegated three members of the committee and a clerk to meet with the Binance six-member team, including a legal counsel.

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The lawmaker said that the meeting was professional, transparent and ended on a cordial note, with no demands for any bribe.

“Despite agreeing to attend the public hearing, Binance’s CEO, Richard Teng, failed to appear on multiple occasions.

“Instead, the company sent legal representatives, a move the committee rejected. The hearing was postponed several times to accommodate Binance’s requests; neither Teng nor any other senior Binance executive attended,” he said.

Onwusibe said that Binance’s truancy raised serious concerns about its willingness to cooperate with Nigerian authorities.

“I was surprised to discover, through a May 7, 2024, blog post by Richard Teng, that Binance executives were also under investigation by Nigeria’s security agencies, including Department of State Services (DSS) and the Office of National Security Adviser (ONSA),” he said.

The lawmaker said that “Teng’s post, entitled: “Tigran Gambaryan is Innocent and Must Be Released”, contained defamatory claims against him.

“I instructed my lawyer, Nnamdi U. Nwokocha Ahaiwe, to demand an apology and damages. Binance, however, refused to retract the statements or offer any compensation,” he said.

Onwusibe said that he filed a suit against Binance and Tengat at the High Court of the Federal Capital Territory on Sept. 18, 2024, seeking an apology, a retraction and $3 billion in damages.

According to him, the case, which first came up for hearing on Jan. 22, is set to continue on Feb. 19.

The lawmaker, however, dismissed the latest allegations by Gambaryan, saying that they were desperate attempts by Binance to deflect attention from its own legal troubles.

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He maintained that neither he nor his committee coordinated with Nigerian security agencies in their investigation of Binance.

The lawmaker also denied allegations that the DSS, ONSA, Securities and Exchange Commission (SEC), Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC) or Nigerian Financial Intelligence Unit (NFIU) were involved in the legislative probe.

He described Binance as a company with a troubling history of legal infractions in multiple countries.

The lawmaker particularly cited the case of Binance’s founder and former CEO, Changpeng Zhao, who, he said, was sentenced to four months in prison in the United States for financial crimes, including money laundering.

He also pointed to the company’s record fines in U.S.A., Canada, India and Uzbekistan for violating anti-money laundering and financial regulations.

Onwusibe lamented that many Nigerians were quick to believe Binance’s version of events without critically examining the facts.

He said the accusations had not only damaged his reputation but had also been used to mock his political party, Labour Party, and even his ethnic group.

Onwusibe, however, said that in spite of the attacks, he remained determined to clear his name.

While insisting on pursuing his lawsuit to its logical conclusion, the lawmaker said that he would also continue to defend the integrity of the Nigerian legislature.

He accused Binance and its executives of attempting to use media blackmail to escape accountability.

According to him, the company’s actions, including the alleged escape of one of its executives from Nigerian custody, have proved that it is acting in bad faith.

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Onwusibe reiterated his interest in ensuring that Binance was held accountable for any financial misconduct.

He maintained that the committee’s investigation was conducted fairly and in line with its legislative duties.

The legislator advised Binance to go and face its case in court and stop blackmailing people. (NAN)

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Illegal Detention: IPOB Lawyer Writes Police Chiefs, Says Officers Ruined Young Marriage

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A legal practitioner, Sir Ifeanyi Ejiofor is demanding that the police hierarchy should investigate the arrest, brutalisation, torture, and detention of a business woman, Joy-Smart Chinenye by the monitoring unit personnel of the Nigeria Police Force Headquarters, based on a petition filed by her husband, George Obinna Smart Unaegbu, over alleged debt to him.

The incident which took place on Sunday (Mothers Day) was said to have elicited a serious drama, wild condemnation and is already causing ripples among the police hierarchy.

Ejiofor, also a lawyer to the Indigenous People of Biafra (IPOB), in her petition to the Chairman of the Police Service Commission (PSC), Retired DIG Hashimu Argungu and Inspector-General of Police, Kayode Egbetokun, on behalf of his client, said the action of the officers have succeeded in destroying a young, promising marriage and exposing private marital issues to the public.

The petition reads, “We are Solicitors to Mrs. Joy-Smart Chinenye (hereinafter referred to as “Our client”) and we write under her explicit instruction and mandate, to petition for a thorough investigation into the unprofessional conduct of the officers mentioned above.

FACTS
“Our client is an industrious, hardworking, and responsible mother and wife to Mr. Obinna George Smart Unegbu, residing in Lagos.

“Our client has been married to Mr. Obinna George Smart for over a decade, and their union has been blessed with three intelligent children. The couple faced struggles at the beginning of their marriage but worked hard to establish one of the best private schools in the South-East, achieving excellence and financial success.

“Despite occasional domestic disagreements, our client never imagined that her husband would engage police officers to subject her to inhumane treatment, abuse, bullying, and torture, for no justifiable cause.

“Our client’s ordeal began on March 27, 2025, over a dispute regarding the late remittance of business funds by her husband, for which she had set a deadline, to the knowledge and approval of her husband. On this March 27, 2025, the trio of CSP…, 2/C … and ASP …stormed their matrimonial home in Lagos, demanding to see our client in the presence of her husband and children. Her attention was immediately called to the presence of the strange visitors in their home, and for which she quickly came downstairs to ascertain their mission.

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“To our client’s greatest shock, the officers claimed they were from Area H Command Headquarters, Ikeja, and were acting on a petition filed by her husband, for which they will require her explanation regarding issues raised in the petition, which content they equally refused to disclose to our client at the material time in question. Right before our client’s children, her husband instructed the officers to immediately handcuff her and take her away. However, on our client’s insistence, a female member of this team escorted her to her room to change to a casual wear.

“Our client never resisted arrest but was denied the opportunity to contact her lawyer. The officers confiscated her mobile devices immediately and whisked her away in handcuffs, treating her with the greatest disdain as if she was a common criminal.

“Upon arrival at Area H Command Headquarters, Ikeja, our client was shown a petition from her husband regarding a financial transaction. She provided a detailed response, stating that her husband also owed her money. Despite her detailed explanation, the officers subjected our client to slapping, torture, and bullying to force her to pay the alleged debt, which she was told was the only condition that would guarantee her freedom.

“Our client’s husband witnessed all the abuse without intervening, as he was signalling approval for the apparent dehumanizing treatment. Overwhelmed and eager to return to her children, our client agreed to pay N5,000,000.00 (Five Million Naira Only) out of the alleged debt of N15,000,000.00 (Fifteen Million Naira Only). The officers provided an account number, to which she transferred the funds. An indication that what the officers actually set out to achieve primarily, was to recover the alleged debt our client allegedly owed the husband. A copy of the transaction receipt is attached herewith for your ease of reference, Sir.

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“Even after the payment, the officers insisted that our client must commit to settling the balance or remain detained, for which she refused and challenged them to either release or kill her if that was the penalty she would pay for allegedly owing her husband. It was at this juncture that the officers revealed to our client that they were from the IGP Monitoring Unit, Abuja, and would transfer her to Abuja since she refused to make further payment.

“Our client was detained in FCID Unit, Panti, Lagos overnight and on March 28, 2025, was handcuffed, dragged through the Lagos Airport, and flown to Abuja against her will. In Abuja, our client was taken to the IGP Monitoring Unit, for an interface with the officer in charge of the team, where she endured further abuse, threats, bullying and intimidation, as the officer in charge also insisted that our client must settle the alleged indebtedness before she would regain her freedom.

“When our client refused to make additional payments, in settlement of the alleged outstanding sum, she was ordered to be transferred to the Abattoir-SARS detention facility- a centre known for housing criminals, kidnappers, and terrorists. In this facility, our client was made to share a cell with notorious criminals who also attacked and molested her, but for divine intervention, she could have been permanently disabled.

“Throughout our client’s illegal detention in Abuja, she was repeatedly taken to unknown locations at wee hours of the night for further coercion, bullying, threats and intimidation to pay this money. It will be pertinent that an investigation is conducted for further revelation on other malfeasance that was meted to her during this period she was taken outside the detention facility.

“On one occasion, our client was taken outside the facility in the night, her phone was given back to her, and she was forced to call her cousin, to demand help with the payment, an indication that she was principally held on account of her inability to settle this alleged outstanding indebtedness.

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“This torment continued until our intervention secured her release in the late night of March 30, 2025, with the obvious assistance of the Police High Command. However, the physical and emotional scars remain.

Findings
“It is crystal clear that from the trajectory of the foregoing accounts, the officers are under no illusion that they were procured by our client’s husband to engage in debt recovery. It is a matter of common knowledge that your good offices had on several occasions issued clear directives, prohibiting police personnel from engaging in debt recovery.

“Our client was arrested in Lagos, subsequently transferred to Abuja, and subjected to torture, bullying, threats and intimidation, despite knowing that the subject matter was a civil matter, particularly between a husband and his wife.

“The officers coerced our client into paying N5,000,000.00 (Five Million Naira Only) into a strange bank account, not her husband’s account, and insisted she settle the alleged balance before her release, and her failure to settle the balance led to subsequent grave inhuman treatment meted to her.

“The actions of these officers have succeeded in destroying a young, promising marriage and exposing private marital issues to the public, which would have been totally avoidable and unnecessary if the officers had acted with circumspect and utmost professionalism.

Prayers
“Given these serious violations, we respectfully urge the Chairman to:
Launch a comprehensive investigation into these disturbing allegations that bothers on unethical conduct of the trio of CSP …, 2/C …, and ASP ….

“Take appropriate disciplinary action against these officers for their gross abuse of power.

“Recover and return the N5,000,000.00 (Five Million Naira Only) extorted from our client.

“Restore public confidence in the Nigeria Police Force by ensuring that officers adhere to ethical standards. We trust in your swift intervention, Sir, to deliver justice and uphold the integrity of the Force. Please, accept the assurances of our highest regards, Sir.”

 

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Sokoto Governor Bags ANCOPS’s Excellence Award In Education

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BY ANKELI EMMANUEL, Sokoto

In view of his numerous contributions to human capital development especially in the  education sector, the Sokoto state chapter of All Nigerian Conference of Principals of Secondary Schools (ANCOPPS) has conferred the award of Best Performing Governor on the state governor Ahmed Aliyu.

Making this known when ANCOPPS delegation paid  Salah homage on the governor, the State chairman of the association, Comrade Muhammed Ikililu, said the governor’s outstanding performance in the education sector especially the approval of 200,000 naira monthly maintenance stipend to principal’s of all the schools in the state stood him out amongst his peers hence the resolve to so honour him.

According to Ikililu, some of the tangible achievements which qualified the governor for the award include the renovation of many primary and Secondary and Primary schools across the state in less than two years.

“Prior to the coming of the Ahmed Aliyu-led administration, all Secondary schools in the state were in a state of disrepair, lacking conducive classrooms, staff rooms, toilet facilities for both teachers and students as well as general conducive learning environment.

“This lack of toilet facilities in schools had contributed significantly to the low attendance of female students in schools. This is also in addition to the  introduction and sustainance of N200,000 naira monthly cash allocation to all the Principals to enable them undertake minor repairs in their schools”.

The Chairman further thanked the governor for upward the upward review of students’ feeding allowance from N150  to N450  per student, a gesture which according to him has greatly helped in retaining students in schools.

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“”These efforts made by governor Ahmed Aliyu had no doubt significantly improved the students’ turn out and retention in schools”, the ANCOPs chairman enthused.

In the same vein, the management management of the State Universal Basic Education Board under its Chairman, Alhaji Ummaru Na Gwari Tambuwal while on a Salah homage also lauded governor Aliyu’s recent renovation of some primary schools in the state, and the payment of N70,000  minimum wage to primary teachers across the state.

“Before you came, many of our teachers were denied their promotions, but that has now become history as all the teachers that are due for promotion have been promoted. And the support of all the teachers is assured at all times” Nagwari Tambuwal noted.

Responding, governor Ahmed Aliyu called on ANCOPSS and SUBEB to reciprocate the gestures done to them by the present administration by being punctual, dedicated and committed to their duty.

“I expect extra hard work, commitment and dedication from  all of you so that our students can get the best of education,” Ahmed Aliyu charged

The governor further reassured his administration’s determination to create a more conducive atmosphere that would guarantee effective teaching and learning at both basic and secondary levels.

He also appealed to parents and guardians in the state to cooperate with the state government in its quest to change the old narrative of Sokoto being one of the educationally  backward states in the federation.

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Tinubu approves N20bn take-off fund for NASRDA’s project

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The National Space Research and Development Agency (NASRDA) is set to commence the implementation of its space regulation and licensing mandate with N20 billion take-off fund approved by President Bola Tinubu.

The Director-General of NASRDA, Dr Matthew Adepoju, said this on Thursday in an interview with the News Agency of Nigeria (NAN) in Abuja.

Adepoju said the regulatory function of the agency as encapsulated in NASDRA Act (2010) had remained unfulfilled since its establishment in 1999.

He spoke against the background of NASRDA stakeholders’ workshop on space regulation scheduled for April 8.

He said on assumption of office he raised a memo to President Bola Tinubu on the need to enforce the regulatory functions of NASDRA.

According to him, this is in line with the provisions of Section 6 and 9 of the laws establishing it, adding that Tinubu eventually approved the take-off fund.

“When I raised that memo stating that our space can no longer be unregulated, Mr President graciously approved the take-off fund of N20 billion few months ago.

“This is to enable us to commence the space regulation and spectrum management in Nigeria.

“Although times and lots of activities happen that have security implications but if we don’t take charge of our space sector, it will continue to be misused,’’ Adepoju said.

Adepoju said the agency was yet to access the N20 billion, adding that release of funds was always subject to its availability.

“Within the framework of what is possible for us to do now, we’ve set up the platform and we are commencing our regulatory and licensing functions,” he told NAN.

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He explained that the space sector had three segments, the upstream, midstream and downstream.

“We have the upstream, which is deep space, the midstream, which is in between the space objects, such as satellites and the planet Earth.

“We have the downstream, which has to do with ground stations, activities and people who are utilising space products and services.
“In between these three sectors, there are activities that must be regulated otherwise Nigerians will be short-changed.

“People have to be licensed and issued guidelines, the spectrum within Nigeria has to be monitored and the agency has been granted this power since 2010 and this has lots of benefits,’’ he said.

Adepoju said the platform for the licensing was ready and open to both public and private sector operators in the space arena.

The licensing, he said, was available for people using and providing space products and services.

He emphasised the need for strict oversight of satellite image providers, geographic information system operators, satellite-based telecommunication and broadcasting services, among others.

He also said that if unregulated, geographical data intelligence could be exploited by non-state actors for illicit activities.

The Director-General further told NAN that the initiative would enhance national security, economic diversification and local content development.

He said it would also generate revenue from sub-sectors such as oil and gas, shipping and telecommunications relied on space products for their operations. (NAN)

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