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Financial Crimes: Reps To Issue Warrant Of Arrest On Binance Chief Executive For Refusal To appear

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…as legal adviser say two executives were arrested by NSA
By Gloria Ikibah
The House of Representatives had said it will evoke its constitutional powers against Binance Holdings Limited and issue a warrant of arrest for its failed to appear for public hearing to respond to series of allegations of terrorism,  money laundry,  tax invasion among other financial crimes.
This was the resolution of the House Committee on Financial Crimes Chaired by Rep. Obinna Ginger, at its resumed investigative hearing on Monday in Abuja.
Naijablitznews.com recalled that a coalition of civil society organisations led by the Niger Delta Youth Council Worldwide and Empowerment for Unemployed Youths has written a petition against Binance Holdings Limited in January to investigate the firm’s activities.
The Committee had summoned the Managing Director of Binance, Richard Teng in a letter dated 12th December, 2023 and signed by its chairman, Rep. Ginger Onwusibe requesting his appearance at the hearing.
However, instead of the Management team of the Company to appear before the House Committee as required by law, a team of lawyers was sent, but were told by the committee that their representations will not be accepted.
Rather than appear before the committee Binance wrote through it’s lawyer Senator Ihenyen.
Speaking during the public hearing, in Abuja on Monday, the committee chairman, decried that the Chief Executive of Binance Holding limited, Mr Richard Teng has refused to appear before the committee after series of invitations.
Lawmaker stated that there was need to report to the larger House to evoke its constituonal powers for the arrest of Binance Executive.
Rep. Dogongaro therefore moved a motion for the committee to report to the larger house to enable it use its powers to arrest Binance Executives and make them appear before the committee.
The Chairman put it to a vote and it was unanimously adopted by committee members.
Rep. Ginger Onwusibe, while restating the resolve of the Committee to fight financial crimes maintained that, “the committee will be forced to recommend to the House to arrest Binance executive since they have failed to appear before the committee.
“As long as the committee is concerned,  Binance is not at this meeting because we have said it severally that we do not want representation by lawyers but the chief executives should appear before the committee.
“Binance is not here. We have taken a position on it in our last sitting that we are not going to entertain legal representation from Binance and that position stands.
“Based on the fact that Binance is not here, we need to make a recommendation to the House of Representatives for the House to invoke its powers of subpoena to issue a warrant for the leadership of Binance to be arrested and be brought to this Committee to answer questions of the grave allegations leveled against them in the petitions brought to us by the Empowerment for Unemployed Youths and Niger Delta youths Council.
“This Committee has resolved to recommend to the House to invoke its constituonal powers by issuing a subpoena and a warrant for Binance executives to be arrested and brought to this Committee to answer these questions relationship financing of terrorism, money laundering and other financial crimes as stated in the petition including evasion of tax.
“We thanks the petitioners for unearthing this grievous financial crimes going on in this country for more than six years now. Binance has been operating in the financial space of this country for more than six year and they have not less than 20 million Nigerians that they are exploiting.”
Earlier in his response, the legal team of Binance led by Senator Ihenyen who’s representation was rejected said Binance executives did not appear before the committee because two other executives of the organisation were arrested upon their arrival to Nigeria by the office of the National Security Adviser and still in custody.
According to him, other executives of the company which is not based in the country, were apprehensive because of two of their executives that were arrested recently and are still in custody.
He said: “Indeed we acknowledge that our client Binance was clearly given the time within it must respond to the petition as well as appear today before this committee
“Binance has been able to response to send a written responds dated 28 February 2024.
“The response to the petition attaches two annexures for purpose of fully responding to the issues and allegations raiswd by the petitioners in their written petition dated 5th December 2023.
“The second resolution was that Binance representatives must be here. We would like to plead your indulgence that the situation that Binance has been faced with particularly in the last seven days have forced a very difficult situation on it. What has happened is that two Binance executives who came into the country were arrested by another Nigerian authority specifically the National Security Adviser. And since then till date this two Binance executives are still in custody. For this reason it has been extremely difficult for the global of Binance to mobilize other executive members of the company to Nigeria because there is genuine concern about their safety and security. So this is the situation that we have been forced to contend with. This is not a show of any disrespect to this House
“We believe the responses given by our clients would to a large extent address any outstanding issues or issues raised by the petitioners. If there are any outstanding areas that Binance has to respond to either by being in Nigeria physically or by making further written correspondence, we will do our best as legal counsel in Nigeria to advice Binance to proceed accordingly subject to the discretion of this House.
When asked by Rep. Ginger if those two arrested were coming to respond to the invitation of the committee or for another invitation.
He responded” As the legal counsel to Binance, we have information that Binance was planning to have Representatives on the ground but at time these two persons were arrested, it had not been expressly communicated to us that these two persons are the delegates for that purpose.
“We are aware there are quite a number of executives spaning the region of Europe, America and Asia in the Binqnce team. It is possible that one of these persons who was arrested or none of these persons were going to be delegates to this Honourable House today.
“Following the arrest of two executive,  other persons could could not come into Nigeria because if the first if been arrested too.
“Binance has responded appropriately to the demands of the committee and as our client we are pleading that this honorable committee consider taking the report”, he added.
Naijablitznews.com reports that Binance Holdings Limited, operators of Digital Assets Exchange in Nigeria has been operating in Nigeria over 6 years allegedly without any adherence to financial regulatory frameworks and has been accused of exploiting Nigerians and committing other financial crimes.
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EU leaders meet in Ukraine demand Russia’s unconditional 30-day ceasefire

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In a significant diplomatic push on the ongoing Russia-Ukraine war, European leaders convened in Ukraine’s capital, Kyiv on Saturday, where they called out Russian President, Vladimir Putin, to agree to a 30-day unconditional ceasefire.

The European leaders threatened “massive sanctions” if Moscow fails to comply with their demand, according to Al Jazeera.

French President, Emmanuel Macron, German Chancellor, Friedrich Merz, and British Prime Minister, Keir Starmer, travelled together by train from Poland to Kyiv, later joined by the Polish Prime Minister, Donald Tusk.

The visit marked the first joint mission by leaders of these four European nations to Ukraine.

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In a joint press conference with Ukrainian President, Volodymyr Zelenskyy, the leaders underscored their unified demand for an immediate halt to hostilities.

The proposed ceasefire, covering land, sea, and air operations, is seen as a critical step toward ending the three-year conflict.

Macron warned that the European bloc is prepared to escalate sanctions, specifically targeting Russia’s energy and banking sectors, should Putin refuse the proposal.

He also floated the idea of deploying foreign troops as a reassurance measure, saying, “The United States would take the lead in monitoring a proposed ceasefire, with support from European countries.”

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Starmer delivered a sharp rebuke, stating, “Only one country started this illegal conflict, and that was Russia and Putin, and only one country stands in the way of resolving it peacefully, and that is Russia and Putin.”

Zelenskyy’s chief of staff, Andriy Yermak, highlighted the visit’s significance, saying, “There is a lot of work to do, a lot of topics to discuss.

“We must end this war with a just peace. We must force Moscow to agree to a ceasefire,” Al Jazeera reports.

Meanwhile, the Kremlin dismissed the European leaders’ demands, describing it as confrontational.

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Russian spokesman Dmitry Peskov reportedly said, “We hear many contradictory statements from Europe.

“They are generally confrontational in nature rather than aimed at trying to revive our relations. Nothing more.”

The call for a ceasefire is also backed by U.S. President Donald Trump, who has proposed the 30-day halt as a foundation for peace negotiations.

However, Putin has so far resisted international pressure.

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Ukraine’s Foreign Minister Andrii Sybiha reiterated Kyiv’s readiness, saying, “Our country and its allies are ready for a full, unconditional ceasefire with Russia for at least 30 days starting on Monday.”

The visit came a day after Putin struck a defiant tone during a military parade in Moscow commemorating the 80th anniversary of World War II victory, underscoring the entrenched tensions.

Al Jazeera’s Zein Basravi, reporting from Kyiv, noted that while the visit was “symbolic,” it also involved practical efforts to ensure U.S. engagement in future peace talks.

After the meetings, Ukraine’s Ministry of Foreign Affairs confirmed that the five leaders held a phone call with Trump to coordinate their peace strategy.

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Sybiha emphasized on X, “If Russia agrees and effective monitoring is ensured, a durable ceasefire and confidence-building measures can pave the way to peace negotiations.”

The leaders issued a joint statement stressing their commitment, saying, “Alongside the US, we call on Russia to agree [to] a full and unconditional 30-day ceasefire to create the space for talks on a just and lasting peace.

“We are ready to support peace talks as soon as possible, to discuss technical implementation of the ceasefire, and prepare for a full peace deal.”

They noted, “The bloodshed must end, Russia must stop its illegal invasion, and Ukraine must be able to prosper as a safe, secure and sovereign nation within its internationally recognised borders for generations to come.”

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NDLEA nabs Iran-bound woman with cocaine in private part, stomach, bag at PH airport(Photos)

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. ..arrests 22-year-old British ex-convict with large drug shipment at MMIA; intercepts fuel tanker, 3 vehicles with 3, 047kg skunk in Niger, 775 litres of codeine in Kano

Desperate attempt by a woman, Ihensekhien Miracle Obehi who disguised with hijab to export large consignments of cocaine concealed in her private part, stomach and false bottom of her handbag to Iran has been thwarted by operatives of the National Drug Law Enforcement Agency (NDLEA) at the Port Harcourt International Airport, Port Harcourt, Rivers state.

Obehi who was dressed in hijab to beat security checks was intercepted at the departure hall of the Port Harcourt airport on Sunday 3rd May 2025 while trying to board a Qatar Airline flight to Iran via Doha following credible intelligence. During her search, she was found to have inserted three wraps of cocaine in her private part, and two large parcels hidden in false compartments of her handbag while she swallowed 67 pellets of the Class A drug.

As a result, she was placed under excretion observation and after four excretions that lasted days, she expelled the 67 wraps of the substance in her stomach. She claimed she was to swallow 70 pellets of cocaine but after ingesting 67 pieces she could no longer swallow the remaining three and decided to insert them into her private part. The total weight of the three consignments hidden in different parts of her body comes to 2.523 kilograms.

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In like manner, NDLEA operatives at the Murtala Mohammed International Airport, MMIA, Ikeja Lagos on Friday 9th May intercepted a 22-year-old British national, Campell Kaizra Kofi Johannes Slifer coming from Thailand through Doha on Qatar Airways flight with two suitcases loaded with 35 parcels of Loud, a strong strain of cannabis weighing 37.60kg.

Campell who claimed he had twice been convicted in the UK for drug trafficking and robbery, said he was recruited in London to travel to Thailand to pick the illicit consignment and bring same to Nigeria.

In Niger state, NDLEA officers acting on intelligence on Wednesday 7th May intercepted a fuel truck marked ABJ 693 XU and three other vehicles loaded with 246 bags of skunk, a strain of cannabis with a combined weight of 3, 047 kilograms along Suleja-Kaduna road. Four suspects arrested with the exhibits include: Christopher Onyema, 47; Benedict Etineruba Young, 54; Chukwudi Ujue Jerry, 30; and Mohammed Abdullahi Danasabe. Apart from the fuel truck, three other vehicles recovered from the suspects include: Honda Odyssey bus marked YAB 667 CZ; Gulf bus with registration number GWA 125 TQ and
Honda Odyssey bus marked ABJ 230 CN.
At Oja Amukoko in Ijora area of Lagos, two suspects: Eze Chekube Emmanuel and Ike Samuel Chinyerem were on Thursday 8th May arrested by NDLEA operatives with a total of 109,914 pills of tramadol, swinol and nitrozepam seized from them.

While 52.5kg skunk was recovered from two suspects: Lukman Sabo Umar, 23, and Tukur Ammadu, 20, in a bus at Gwantu, Sanga LGA, Kaduna State on Tuesday 6th May, NDLEA operatives on patrol along Bode Saadu- Jebba expressway, Kwara State on Monday 5th May
arrested Rufai Nasiru with 45,400 pills of tramadol 225mg.
In Bauchi state, NDLEA officers on patrol along Bauchi-Gombe road on Tuesday 6th May intercepted a Toyota Tundra jeep marked RBC 111 DW conveying 526 blocks of skunk weighing 505kg with two suspects: Isaac Onogure, 37 and Ikechukwu Peter, 44, arrested.

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A total of 31 kegs containing 775 litres of codeine syrup were recovered from two suspects:
Hafizu Isa Uman, 34, and Ismail Shehu, 48, when NDLEA operatives raided their hideout at Rijiyar Zaki area of Kano on Saturday 10th May, while 1.1kg of Loud consignment concealed in pillow coming from Thailand was on Tuesday 6th May intercepted by NDLEA officers at a courier company in Lagos.

The War Against Drug Abuse, WADA, social advocacy activities by NDLEA Commands equally continued across the country in the past week. Some of them include: WADA sensitization lecture delivered to students and staff of Federal Government College, Sokoto; Deeper Life International College, Nteje, Anambra; Martins Sanda Girls Science College, Paikoro, Niger state; Restoration Power International School, Idua Eket, Akwa Ibom; while Oyo state command delivered WADA enlightenment lecture to members of the League of Imams and Alfas at Iseyin Central Mosque, Iseyin, among others.
While commending the officers and men of DOGI, MMIA, PHIA, Lagos, Kano, Kaduna, Bauchi, Kwara, and Niger Commands of the Agency for the arrests and seizures of the past week, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd) equally praised their counterparts in all the commands across the country for pursuing a fair balance between their drug supply reduction and drug demand reduction efforts.

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Anambra takes action against primary school over N5,000 prefect nomination fee

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The Anambra State Government has slammed a one-month sanction on Blossom Fount School, Awka, for monetising student leadership by charging pupils N5,000 to contest for the position of head prefect.

The sanction, announced on Saturday by the state Commissioner for Education, Prof. Ngozi Chuma-Udeh follows reports that the school imposed the controversial fee on pupils in its primary section vying for leadership roles.

Describing the practice as “despicable,” Chuma-Udeh expressed outrage at what she called an attempt to commercialise student leadership and exploit the ambitions of young children.

She said, “Investigation is going on to know how the school is being run. It is an act of selling the psyche of the children to the highest bidder from the cradle, and it is not acceptable to this government.”

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“The act of commercialising student leadership and exploiting children’s ambitions for financial gain is despicable. It amounts to selling the psyche of the children to the highest bidder from the cradle, and it is strongly condemned,” she added.

Chuma-Udeh stressed that Governor Chukwuma Soludo’s administration remains committed to upholding integrity and fairness within the education system, stating that such practices will not be tolerated.

According to reliable sources, the ministry’s investigation is still ongoing, and further sanctions may be imposed depending on the outcome. The goal, officials say, is to ensure accountability and deter similar actions in schools across the state.

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