News
Nigerian Lawmaker Onwusibe Denies Bribery Claims, Challenges Binance to Face the Law

By Gloria Ikibah
Chairman House of Representatives Committee on Financial Crimes, Rep. Ginger Obinna Onwusibe, has firmly denied bribery allegations made against him by Binance Senior Executive Officer, Tigran Gambaryan, describing the claims as false and an attempt to tarnish his image.
The dispute began when Gambaryan accused Onwusibe and his committee of demanding bribes during an investigation into Binance’s activities in Nigeria. The allegations, widely shared on social media and reported by international media like NPR and Wired, portrayed Binance executives as victims of harassment.
According to Rep. Onwusibe, he initially chose to remain silent, as the matter was already in court. However, he has decided to respond publicly due to the backlash and what he called an “unfair attack” on his person, his political party (Labour Party), and his Igbo ethnic group.
Onwusibe explained that his committee started investigating Binance after receiving a petition from the Empowerment for Unemployed Youth Initiative. The group accused Binance of financial crimes that threatened Nigeria’s economy. The committee invited Binance CEO, Richard Teng, for a public hearing on January 10, 2024.
Before the hearing, Binance requested a private meeting to understand the allegations. On January 8, 2024, three committee members and a clerk met with Binance’s legal team at the National Assembly. Onwusibe, who had other official engagements, did not attend. He stressed that the meeting was professional and no bribe was requested.
Despite promising to attend the public hearing, Binance’s CEO, Richard Teng, failed to show up several times, sending lawyers to represent him instead. The committee postponed the hearing multiple times, but no senior Binance official appeared, raising concerns about the company’s willingness to cooperate.
The conflict worsened when Binance’s CEO, Richard Teng, published a blog post on May 7, 2024, accusing Onwusibe of corruption. The post also revealed that Binance executives were under investigation by security agencies, including the DSS and the Office of the National Security Adviser (ONSA).
Onwusibe, calling the blog post defamatory, instructed his lawyer, Nnamdi U. Nwokocha Ahaaiwe, to demand an apology and compensation from Binance. Binance refused to comply. On September 18, 2024, Onwusibe filed a lawsuit against Binance and Teng at the High Court of the Federal Capital Territory, seeking an apology, a retraction, and $3 billion in damages. The case, which began on January 22, 2025, will resume on February 19, 2025.
Onwusibe dismissed Gambaryan’s latest bribery claims as a distraction from Binance’s legal troubles. He stated that his committee worked independently and never collaborated with agencies like the DSS, ONSA, SEC, CBN, EFCC, or NFIU in the legislative probe.
He also highlighted Binance’s global legal issues, such as the U.S. conviction of its founder, Changpeng Zhao, for money laundering, and regulatory fines in countries like Canada, India, and Uzbekistan.
Onwusibe expressed disappointment that many Nigerians believed Binance’s narrative without checking the facts. He said the false accusations had not only damaged his reputation but also targeted his political party and ethnic group.
Despite this, Onwusibe remains determined to clear his name. He vowed to pursue his lawsuit to the end and accused Binance of using media blackmail to avoid accountability. He also referenced reports that one Binance executive fled from Nigerian custody, further proving, in his view, that the company was acting in bad faith.
Onwusibe stressed that Binance should face its case in court and stop using false accusations to cover up its actions. He assured Nigerians that the committee acted lawfully and that justice would prevail.
News
PDP Leadership Tussle: S’Court sets March 10 for Anyanwu’s appeal against removal

The Supreme Court has set March 10 for the hearing of Senator Samuel Anyanwu’s appeal contesting his ousting as the National Secretary of the People Democratic Party (PDP), as announced yesterday.
The decision was made by a five-member panel led by Justice Ibrahim Saulawa during the ruling on Anyanwu’s motion for expedited consideration.
Last December, the Court of Appeal sitting in Enugu upheld a High Court decision that sacked Samuel Anyanwu as PDP national secretary.
The lower court upheld Sunday Udeh-Okoye as the substantive national secretary of the opposition party.
In the lead judgment delivered by Justice Ridwan Abdullahi, the Court of Appeal held that Anyanwu‘s appeal was incompetent and lacking in merit.
The appellate court held that the appellant violated the PDP constitution by laying claim to the national secretary position, having contested and picked as the party’s candidate in the 2024 governorship election in Imo State.
Dissatisfied with the ruling, Anyanwu approached the apex court last month and asked the court to set aside the judgment of the two lower courts and recognise him as the authentic national secretary of the PDP.
He also filed a motion for accelerated hearing as well as an abridgment of time on grounds of the crucial role of the office of national secretary.
Delivering ruling in the motion, the Supreme Court granted the relief sought and ordered service of the court processes on the respondent, Mr. Aniagu Emmanuel, who the court said, must file in his reply brief within three days of service.
Anyanwu, on the other hand was given two days to reply on point of law.
But the apex court did not hear Anyanwu’s motion for stay of execution of the judgment of the appellate court was not heard by the apex court.
News
Looted Benin Artefacts: Netherlands to repatriate 119 bronzes to Nigeria

The Nigerian government is looking forward to the repatriation of 119 Benin bronzes from the Netherlands.
A formal request for the return of these artefacts, which were acquired during the British assault on the Benin Kingdom in 1897, has been made.
It has been reported that an agreement regarding their repatriation was signed yesterday by representatives of both countries.
Of the 119 objects being returned, 113 of them were among the Dutch State Collection, while the remaining six were returned by the Municipality of Rotterdam.
The signing ceremony took place at the Wereldmuseum in Leiden, the Netherlands, where the Benin bronzes were previously displayed.
Dutch Minister of Education, Culture and Science, Mr. Eppo Bruins, and the Director-General of the National Commission for Museums and Monuments (NCMM), Olugbile Holloway, signed for their countries.
A statement by Anneloes Hoff of the Embassy of the Kingdom of The Netherlands said the artefacts are expected to arrive later this year, according to the agreement.
The statement reads: “The Netherlands will return 119 Benin Bronzes to Nigeria, following a request from the Nigerian government. The transfer agreements were signed today by the Dutch Minister of Education, Culture and Science and the Director-General of the National Commission for Museums and Monuments (NCMM).
“The objects are expected to arrive in Nigeria later this year. The restitution underscores the strong partnership between The Netherlands and Nigeria.
The Netherlands is returning the Benin Bronzes unconditionally, recognising that the objects were looted during the British attack on Benin City in 1897 and should have never ended up in The Netherlands.
News
Lagos Assembly: DSS writes TV stations, requests retraction, apology

The Department of State Services (DSS) has accused two television stations, Africa Independent Television (AIT) of DAAR Communications Plc and Channels Television, of airing reports that are allegedly false, defamatory, and malicious in nature regarding its activities.
The agency indicated that these inaccurate reports were related to the presence of its personnel at the Lagos State House of Assembly on Monday.
Through its counsel, Chief Ayodeji Adedipe (SAN), the DSS has called for a retraction and a public apology to be issued within a period of seven days, threatening to pursue both criminal and civil actions against the television stations should they fail to comply.
In a letter, dated February 17, 2025, titled: “False, Defamatory and Malicious Publication Concerning the State Security Service (or DSS) Regarding Their Presence at the Lagos State House of Assembly on Monday February 17, 2025,” Adedipe said the DSS (SSS) denied allegations it invaded the Assembly and attempted to prevent the members of the Assembly and Speaker Mojisola Meranda from entering the chamber for plenary.
The secret police insisted that it was duly invited through a letter by the Deputy Clerk to support the security operatives attached to the Assembly in order to forestall an imminent breakdown of law and order.
“However, without any verification of the reason for the presence of our client’s officials at the Lagos State House of Assembly on February 17, 2025, your organisation maliciously and falsely broadcast, both on your news bulletin and print media, that our client had invaded/stormed the Lagos State House of Assembly with a view to preventing the members and speaker from entering the chamber for plenary.
“By this publication, our client, which is a highly responsible and respected organisation, was portrayed as an irresponsible and reckless organisation, which, in a Gestapo manner, invaded/stormed the Lagos State House of Assembly to support one of the feuding parties and to desecrate the hallowed chambers.
-
News19 hours ago
Tributes, Encomium as Clark passes on @97
-
News17 hours ago
NASS Rectifies Errors in Appropriation Bill 2025
-
News16 hours ago
Speaker Abbas Mourns PANDEF Leader, Chief Edwin Clark
-
News16 hours ago
Argentine President, Milei under impeachment threat over crypto scandal
-
News17 hours ago
$23bn Refinery: If it had failed, I would have been dead-Dangote confesses
-
News16 hours ago
Finally, 35-year-old jinx broken as FG commissions first NDLEA barracks in Yola(Photos)
-
News12 hours ago
Minister of Communication orders closure of radio stations over national security
-
News12 hours ago
Clark lived and died for Nigera-Obi hails departed patriot