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Nigerian govt denies bribery allegation by Binance CEO

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The Nigerian government has countered allegations by the CEO of cryptocurrency exchange giant, Binance, Richard Teng, that some government officials demanded a $150m bribe to settle the ongoing criminal charge filed against the firm.

In a publication carried by by the New York Times on Tuesday, Teng had alleged that unknown persons made the bribe demand to Binance officials shortly after they held a meeting with Nigerian lawmakers on January 8.

In the article, Teng accused the unidentified individuals of acting on behalf of government officials to demand $150m in cryptocurrency to resolve the tax evasion and money laundering case against the company and its officials.

Teng also claimed that the purported agent demanded “a significant payment in cryptocurrency to be paid in secret within 48 hours to make the issues go away.”

But in a statement on Wednesday, Minister of Information and National Orientation, Mohammed Idris, described the allegations as blackmail aimed at tarnishing the image of the country.

The Minister further dismissed the claims as “baseless and part of a wider attempt by Binance to evade accountability for alleged criminal activities.”

The minister noted that ongoing investigations against Binance in Nigeria centred on allegations of money laundering, terrorism financing, and illegal trading activities facilitated through its platform, stressing that it would not succumb to blackmail or coercion.

“This claim by Binance CEO lacks an iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria,” Idris said.

“They lack any evidence and are merely a diversionary tactic employed by Binance to deflect attention from the serious charges it faces in the country.

“We would like to remind Binance that it will not clear its name in Nigeria by resorting to fictional claims and mudslinging media campaigns. The only way to resolve its issues will be by submitting itself to unobstructed investigation and judicial due process.

“The Nigerian government, therefore, pledged to address the legal issues surrounding Binance operations in the country.

“The government of Nigeria will continue to act within its laws and international norms and will not succumb to any form of blackmail from any entity, local or foreign,” the Minister added.

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Metro

Zambia: Expert warns of food security threat due to climate change 

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A prominent Zambian climate-smart agriculture expert, Oliver Bulaya, has warned of a collapse of the county’s agricultural sector with a potential threat to food security due to the worsening impact of climate change.

Bulaya, who bared his mind in an interview with Zambia Monitor on Friday, warned that ignoring the crisis could lead to severe disruptions in the country’s food supply and economy.

“Unless concerted efforts are made, the country will continue facing dire consequences from climate change,” the expert noted.

He lamented a growing trend of farmers relocating to regions experiencing above-normal rainfall, such as the northern block, as they struggle with losses caused by climate variability.

Bulaya emphasized that the once-reliable rainfall areas like North-Western Zambia are now experiencing lower precipitation, as seen during the 2023/2024 farming season and cautioned that poor farming practices, which had already strained the Southern region, could lead to similar challenges in other parts of the country if proactive measures were not implemented.

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Outrage over murder of Nigerian beaten to death by South Africans inside estate security office

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The Nigerian community, under the auspices of Nigerian Citizens Association in South Africa (NICASA), has raised the alarm over the murder of a 37-year-old Nigerian, Julius Chukwunta, who was beaten to death by four South Africans inside an estate.

According to the association, Chukwunta, a native of Aninri Local Government Area in Enugu State, was reportedly attacked on Saturday, December 7, while driving to his residence in Midrand Protea Estate.

In a statement issued on Saturday by the President-General of NICASA, Dr Frank Onyekwelu, Chukwunta was blocked by the four men while approaching his residence.

Onyekwelu stated that information available to the association noted that after attempting to pass through, Chukwunta was met with resistance by the assailants, prompting him to seek help at the security office of the estate.

“At that moment, the four men allegedly attacked him, leaving him severely injured with a head wound,” the PG said.

“His female companion, who was sitting in the car, rushed to the security office and discovered him bleeding on the ground.

“In spite of attempts to call for help, the security office and residents did not assist in calling the police or an ambulance.

“After an hour, Chukwunta’s partner contacted her father, who, along with other family members, took him to Tembisa General Hospital.

“Chukwunta was placed on life support but later succumbed to his injuries and died at the Tembisa General Hospital on December 10, 2024.”

Onyekwelu also confirmed that the case was reported to the police by Chukwunta’s partner at the Midrand Police Station and was registered under file number 262/12/2024.

The NICASA President said the four suspects, aged 20, 24, 27, and 28, were arrested, and the case was presented in Alexandra Magistrate Court on December 13, 2024, where they were charged with murder.

“The court proceedings on December 18, 2024, saw three of the suspects granted bail of R10,000 each, while the fourth had not yet applied for bail. The case was adjourned to February 3, 2025.”

Onyekwelu however, expressed disappointment at the proceedings, wondering why three of the suspects were released on bail and vowed that the Nigerian community would continue to demand justice for Chukwunta and support his family.

He emphasised that the community would not rest until justice was served and the value of Nigerian lives was upheld in South Africa.

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