Clash between Nigerian authorities and Binance executives over bribery allegations

Nigerian authorities have denied allegations by Binance executive Tigran Ganbarian and denied that the authorities have sought particularly bribes. In the post, the official government X account described the allegations as misleading and a honourable loss.

According to a statement signed by the Minister of State Information and National Orientation, Mohammed Idris should ignore the Gambarian claims as the public is unfounded.

It said:

“We urge the public to deny retaliatory claims made by Mr. Gambarian against the Nigerian officials involved in his case and to ignore the entirety of these false accusations.”

The government’s statement follows Gambarian’s recent disclosures regarding his experience in Nigeria. The Gambarian alleged that the state legislators had requested bribes from representatives of the Vinanence and denied allegations that the crypto exchange by Nigerian authorities was manipulating the Naira.

The Nigerian government has denied the claims of bribery

According to Gambarian, the federal monetary policy was responsible for the devaluation of the Naira. However, he added that he is not criticizing monetary policy, but only presenting its direct results. There are pending cases for the binance on this issue.

After coming to talks with the government in February, the Nigerian government, along with his colleague Nadeem Anjalwara, detained Gangblayan, who led the Vinanence Unit in the Financial Crime Investigation. The detention continued until October, when Ganbarian was charged in court despite Anjalwara’s escape.

However, the statement claims that the government has not formally involved in Gambria’s first trip to Nigeria, and later began to launch an investigation after receiving information about the bribery allegations. . The second trip admitted to being part of a criminal investigation into how Nigerian currency was manipulated.

Meanwhile, Nigerian authorities argued that Binance wanted to provide a $5 million down payment to release Gambaryan, but the government refused to accept it. Instead, a diplomatic agreement was reached with the US government to release him on more beneficial humanitarian grounds.

In addition to denying Gambarian’s claims as unfounded, the statement added that Binance executives have the opportunity to prove his allegations in court, and until they do so, the public said, “Unfounded.” “It should not be influenced by malicious claims.”

Gambarian responds to a statement from the Nigerian government

Meanwhile, Gangblayan condemned the Nigerian government’s statement in his response on X, noting that the government has always been involved from day one. He claimed that his first trip to Nigeria was on an invitation from the Nigerian Financial Intelligence Agency (FIU). Part of the government.

He also added that he met with members of the House, and that the Congress is a branch of the government. However, he emphasized how the final meeting that led to his detention was intended to be a friendly meeting.

He said:

“Did you say the second part is part of the probe? LOL. So when you invited us to a friendly meeting, did you lie about it too?”

Gambarian also criticized claims that there was an investigation or that he was implementing tactics. According to him, no one received his statement and he was charged in court, receiving no evidence of defamation and near-death experience.