House Of Reps Orders Immediate Arrest Of Binance CEO - Business

House Of Reps Orders Immediate Arrest Of Binance CEO - Business - Nairaland

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House Of Reps Orders Immediate Arrest Of Binance CEO by chokekachy(op): 3:08pm On Mar 04, 2024

The House of Representatives Committee on Financial Crimes has ordered the immediate arrest of the Chief Executive of Binance Holding Limited, Richard Teng and Management, for failure to appear before the committee and defend its alleged involvement in terrorism financing and money laundering.

Chairman of the Committee, Hon. Ginger Onwusibe issued the warrant of arrest on Monday when the CEO and Management again failed to appear before the committee but instead sent one Senator Ihengen, the company’s legal representative.

Ihengen, in his defence, said two top management staff of the company who arrived in the country earlier to appear before the committee were arrested by the Federal Government last week.

However, The Chairman of the committee dismissed the excuse and with a voice vote ordered the arrest of the CEO and Management.

THE WHISTLER, recall that on Friday, Reps had summoned the CEO and Management of Binance to appear before the committee on Monday unfailingly.

Binance, an online trading platform where users deal in cryptocurrency, has been flagged by the Central Bank of Nigeria to have been involved in money laundering, and terrorist financing among others.

https://www.google.com/amp/s/thewhistler.ng/reps-order-arrest-of-binance-ceo-richard-teng/amp/

14 Likes 1 Share

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by gaby(m): 3:09pm On Mar 04, 2024*

Craze people...

New week, new craze from the moronns that don't even understand what Binance or Crypto truly means.

grin

I'm sure Binance, Aboki Fx, and Crypto are the reason why companies like DangoSugar, MTN, et al, are declaring record losses.

They'll soon blame and issue a warrant of arrest for the Atlantic Ocean for allowing the Naira to float into it while ignoring the Floater.

273 Likes 20 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by BigBlackPreek(m): 3:10pm On Mar 04, 2024

Good one but ebimpawa o

4 Likes

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Kingsmeal: 3:13pm On Mar 04, 2024

Clowns in power.

So it's no longer AbokiFX?

Kai. God which kind country you carry me come like this oo.

The CBN floated the naira and even said that they did so. Which one be Binance again😩

152 Likes 8 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Kingsmeal: 3:13pm On Mar 04, 2024

gaby:
Craze people...

New week, new craze from the moronns that don't even understand what Binance or Crypto truly means.

I'm sure Binance, Aboki Fx, and Crypto are the reason why companies like DangoSugar, MTN, et al, are declaring record losses.

I just tire oo.

Or the reason for the looting of food Warehouses and trucks in the country.

38 Likes 3 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Faiththatworks(m): 3:15pm On Mar 04, 2024

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Massiveglory: 3:16pm On Mar 04, 2024*

These bunch of crazy jokers should be chased away and flogged.

Hunger and lootings of food taking over from state to state,
Multinationals are declaring massive losses and running away.
Ordinary little indonmie is now 500 for 1

A bunch of demo- crazy elements feeding on multi millions are making a fool of themselves.

It is high time military take over and reset the whole thing.. Too much rubbish everywhere

54 Likes 7 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Northernblood8(m): 3:17pm On Mar 04, 2024*

Chairman of the Committee, Hon. Ginger Onwusibe issued the warrant of arrest on Monday when the CEO and Management again failed to appear before the committee but instead sent one Senator Ihengen, the company’s legal representative.

Ihengen, in his defence, said two top management staff of the company who arrived in the country earlier to appear before the committee were arrested by the Federal Government last week.

Mumu Onwusibe. Whenever they won commit illegal act or deceit, they present an Igbo man and Mumu People is power keep falling victim.

Why will the zoo kidnap people they officially invited into the country and yet expect foreigners to take them serious. Ndi Iberibe. I blame Binance that cooperated with the Pampers Dunce in the first place. The loss is on you Binance, market value over 20 billion dollars na im u d take play

24 Likes 4 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by kettykin: 3:21pm On Mar 04, 2024

Jokers

1 Like

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Helpfromabove1(m): 3:37pm On Mar 04, 2024

When will Naira come back to 440

8 Likes

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by magoo10(m): 3:39pm On Mar 04, 2024*

Thought they have banned binance for close to a week now why are the prices of commodities still hanging in the air.

53 Likes 3 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Seunpapa65: 3:39pm On Mar 04, 2024

😂🤣

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Nyamiriflathed: 3:46pm On Mar 04, 2024*

Chairman of the Committee, Hon. GINGER ONWUSIBE issued the warrant of arrest on Monday when the CEO and Management again failed to appear before the committee but instead sent one Senator Ihengen, the company’s legal representative.

Gladly, he is a Labour Party member from Abia State, so Obidients can direct their insults at the right quarters.

11 Likes 4 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by RickyJesus: 3:58pm On Mar 04, 2024

Yes, he should be extradited to kiri kiri for intense interrogation and them still knack am 15 years join.

2 Likes 1 Share

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Caspry5: 4:06pm On Mar 04, 2024

It's only in Nigeria that I've seen a government arresting individuals and businesses to stabilize a currency that is backed by nothing. You see these type of things these leaders are doing and wonder why her citizens are not respected world wide. What type of change do Nigerians expect when you are ruled by people not fit to even teach a jss1 class economics. Election truly has consequences.

19 Likes 3 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by hurryup123(m): 4:06pm On Mar 04, 2024

Person Way Build Lagos Don Scatter Nigeria!

shocked

35 Likes 3 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Skoonheid(f): 4:07pm On Mar 04, 2024

What adjective can be used for a nation who is consistently fooled, recurrently deceived by the crafty politicians? Goofy? Very light! Fool? Not enough! Brainless? Yes, that is the very adjective!

7 Likes 1 Share

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by easyfem(m): 4:07pm On Mar 04, 2024

This guys quick Dey destroy any mean that young pple eat food … u don’t just make stupid decision like that , I trust UAE , they will never do all this bullshit …. This stupid leader always leave the important matter and focus on mere issue, what abt bank manager taken all the money away and making dollar strong … what about th stupid law maker making stupid decision to make live hard for Nigerian. In hard time u went to buy 160m cars for each senator from abroad ooo , that also weak naira ..: u guys sha won make guys enter street Abi

24 Likes 1 Share

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by happney65: 4:07pm On Mar 04, 2024

These people are damm funny cos WTF is this? grin

1 Like

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by vincenteger: 4:08pm On Mar 04, 2024

They're just looking for escape goat.

Nothing will still happen

Nonsense and ingredients

3 Likes

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by LegacyB: 4:08pm On Mar 04, 2024*

Lol.we all know this is just playing.

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Omniman(m): 4:08pm On Mar 04, 2024

Clowns

1 Like

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by omoredia: 4:08pm On Mar 04, 2024

These idiots are playing with fire. U don't mess with China and go scot free!

1 Like

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by AllTheWayUp: 4:08pm On Mar 04, 2024

Jokers

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by Resurgent2016: 4:08pm On Mar 04, 2024

gaby:
Craze people...

New week, new craze from the moronns that don't even understand what Binance or Crypto truly means.

I'm sure Binance, Aboki Fx, and Crypto are the reason why companies like DangoSugar, MTN, et al, are declaring record losses.

So far today, it has devalued by NGN40 against GBP. I wonder who next they will blame.

1 Like 2 Shares

Re: House Of Reps Orders Immediate Arrest Of Binance CEO by HeadNigga: 4:08pm On Mar 04, 2024

Let the CBN official rates be adopted on binance p2p. That solves the problem of alleged manipulation and forex speculation on binance. This is a simple stuff.

If the above is done, those on binance will engage in crypto trading/hodling strictly.

2 Likes