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EFCC Charges Binance With $35 Million Money Laundering Pursues Extradition Of Fugitive Executive

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EFCC Charges Binance With $35 Million Money Laundering Pursues Extradition Of Fugitive Executive....KINDLY READ THE FULL STORY HERE▶

In a dramatic turn of events, the Economic and Financial Crimes Commission (EFCC) has brought forth staggering allegations of money laundering, amounting to $35.4 million, against Binance Holdings Limited and two of its high-ranking executives, Tigran Gambaryan and Nadeem Anjarwalla, the latter of whom has managed to evade authorities….READ ALSOEFCC Nets 20 Suspected Internet Fraudsters In Ibadan Raid

 

The EFCC, now at the helm of the investigation previously under the purview of the Office of the National Security Adviser, has taken Gambaryan into custody and swiftly obtained a court warrant for the arrest and extradition of the elusive Anjarwalla.

Harnessing international cooperation, the EFCC is orchestrating a concerted effort with Interpol, the FBI, the UK government, and the Kenyan authorities to apprehend and bring Anjarwalla to justice.

The anti-graft agency has leveled five counts of money laundering charges against Binance and its executives, Anjarwalla and Gambaryan, following meticulous scrutiny into the alleged financial improprieties linked to the cryptocurrency titan.

Court documents obtained by The Punch reveal a litany of charges against the accused, spanning from operating a financial institution without proper licensing to concealing the origin of illicit proceeds.

As the legal battle unfolds, the saga takes another twist with Gambaryan’s legal action against the National Security Adviser, Nuhu Ribadu, and the EFCC, citing violations of his fundamental rights. Meanwhile, Anjarwalla, the Binance Africa regional manager, has launched a separate legal challenge.

The unfolding drama underscores the intricate web of financial crime allegations gripping one of the world’s leading cryptocurrency platforms, setting the stage for a high-stakes legal showdown with global ramifications.

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The Golden Boy Stays! Phil Foden Signs Massive New Multi-Year Deal With Manchester City.

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Phil Foden has put an end to rumors regarding his career path by inking a fresh four-year agreement with Manchester City, securing his presence at the Etihad until 2030. At 26 years old, the England midfielder—whose prior contract was scheduled to conclude next summer—has solidified his commitment to the Premier League titleholders as they embark on a fresh chapter under head coach Enzo Maresca.....KINDLY READ THE FULL STORY HERE▶

premier academy success stories, accumulating 369 appearances alongside six Premier League titles, a Champions League trophy, and two FA Cups. Following his extension, Foden expressed profound pride in staying with the only club he has ever played for, noting his excitement to reunite with Maresca, whom the players deeply respected during the 2022-23 Treble-winning season.

This multi-year signing follows a challenging stretch for the midfielder, which included missing out on Thomas Tuchel’s England World Cup squad after starting only 23 league matches in an up-and-down domestic term. Even with lower attacking outputs over the past two campaigns—attributable to tactical shifts that saw him play deeper alongside teammates like Jeremy Doku, Antoine Semenyo, and Rayan Cherki—Foden continues to rank among the league’s top attackers, having hit double-digit goals across all competitions every year for six seasons alongside only Mohamed Salah and Ollie Watkins.

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Hope Alive: FIFA Drops Crucial Guidelines To Rescue Super Eagles’ World Cup Hopes.

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According to FIFA, Nigeria possesses the talent necessary to secure a spot in the 2030 FIFA World Cup, provided the nation establishes a more stable football infrastructure. In an evaluation released on its website on July 22, the governing body noted that Nigeria’s primary obstacle is now achieving consistent, high-level performance rather than a shortage of raw ability.....KINDLY READ THE FULL STORY HERE▶

Historically, the Super Eagles have advanced to the Round of 16 in three out of their six World Cup appearances (1994, 1998, and 2014), though they missed the previous two tournaments. Their bid for the 2026 World Cup concluded after finishing second to South Africa in Group C of the CAF qualifiers, which moved them into the second round for the intercontinental play-off spot. Under coach Eric Chelle, the team overcame Gabon with a 4-1 victory after extra time, but ultimately missed qualification after losing a penalty shootout to the Democratic Republic of Congo following a 1-1 draw.

Despite these recent disappointments, FIFA maintains that Nigeria’s vast talent pipeline gives them enormous potential. Ultimately, securing a berth at the 2030 tournament will depend less on raw capability and more on building a strong, reliable organizational framework.

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Legal Fireworks: INEC Challenges Emeka Ike’s Multi-Billion Naira Suit With Shocking Claims.

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The Independent National Electoral Commission (INEC) has informed the Federal High Court in Abuja that the voter details underlying a ₦10 billion fundamental rights lawsuit brought by Nollywood actor and House of Representatives hopeful Emeka Ike are neither classified nor confidential. INEC asserted that the information was published in accordance with the Electoral Act 2026, noting that the commission holds constitutional authority to make voter data public for scrutiny without requiring prior permission from registered voters.....KINDLY READ THE FULL STORY HERE▶

This position was detailed in a counter-affidavit opposing Ike’s suit, designated as FHC/ABJ/CS/1272/2026, which names both INEC and Lere Olayinka, the media aide to the FCT Minister, as defendants over the online sharing of Ike’s voter registration details on X. Ike’s legal counsel, Leonard Adeh, argued that sharing this data without consent violated the actor’s privacy and data protection rights, prompting a demand for ₦10 billion in damages.

In his own counter-affidavit filed via lawyer Akpama Ekwe, Olayinka rejected claims of unlawful publication, asserting that the shared material—consisting solely of Ike’s name and passport photo—was already publicly accessible and that he owed no duty of confidentiality. Olayinka contended that a political candidate cannot claim distress from the circulation of information voluntarily given during the electoral process, pointing to Section 19(1) of the Electoral Act 2026, which mandates the public display and publication of the voters’ register.

INEC’s counter-affidavit, deposed by Anthonia Makwe, an Assistant Director and Data Protection Officer, emphasized that the commission’s statutory duties involve managing, publishing, and certifying the voters’ register under the Constitution, the Electoral Act 2026, and the Nigeria Data Protection Act 2023. INEC reiterated that the data in question is not sensitive or confidential, denied that the specific document published by Olayinka originated from the commission, and maintained that it has fully upheld its obligations to secure voters’ personal information.

The presiding judge has adjourned the case to October 12, 2026, for the continuation of the hearing.

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