Analyst explains Binance executive’s allegation exposes Nigeria’s weak system

by
  • Binance executive Tigran Gambaryan’s allegation that some Nigerian lawmakers demanded a bribe of $150 million during his trial in Nigeria has continued to generate reactions
  • According to Gambaryan, the three lawmakers who demanded the bribe are Ginger Obinna Onwusibe, Peter Akpanke, and Ginger Obinna Onwusibe
  • However, Omotayo Yusuf, a public analyst, noted that the allegation exposed Nigeria’s weak system and explained why it was difficult for any Nigerian to defend Nigerian lawmakers

Omotayo Yusuf has commented on Binance executive Tigram Gambaryan’s allegation against Nigerian lawmakers
Photo Credit: @officialEFCCSource: Getty ImagesBinance executive allegation exposed Nigeria’s weak system”Unfortunately, we do not have evidence on the allegations made by the Binance executive against Nigeria. While many have automatically believed this allegation, unfortunately, there is no reason not to believe him, after all, this is not the first time that Nigerian lawmakers will be caught enshrined in the allegations of bribery. “In this case, it is quite unfortunate because it sort of exposes Nigerias weak system, whereby those who are supposed to make laws, i.e. lawmakers, are the ones who are also breaking the laws through bribery. As I mentioned earlier, while there is no concrete evidence to show that it really happens. You would find it difficult to find any Nigerian who would be able to defend Nigerian lawmakers due to a history of corruption. “The situation with the Binance executive was badly managed, from being arrested illegally, and detained illegally. It just goes on to show how shoddy the entire Nigerian system is, from the security apparatus to the executive. So, they’ve been caught pant down. Unfortunately, I do not see them being able to prove their innocence, especially with the long-standing knowledge that Nigerian lawmakers have engaged in bribery and corruption in the past.”Naira vs dollar: Reno Omokri tackles Binance

READ IN FULL ON LEGIT.NG


Peter Obi wouldn’t have done better than Tinubu – Cosmas Maduka
Business mogul Cosmas Maduka stated that Peter Obi would have implemented similar economic policies as the current government, including subsidy removal He emphasized the need for the government to reinvest subsidy savings into infrastructure to benefit the general public Maduka warned against unproductive borrowing, stressing that loans should be directed towards capital and infrastructural development ... Read more Continue reading here ▶


“Oil and gas sector has undergone transformation”: Tinubu’s group hails NUPRC
The Renewed Hope Ambassadors Network (RHAN) has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) The Pro-Tinubu group said NUPRC under the leadership of Engr. Gbenga Komolafe is transforming Nigeria’s oil and gas sector The secretary general of the group, Fabian Opialu, said NUPRC has recorded significant strides in restoring the lost glory of the ... Read more Continue reading here ▶


Nigeria should have handled Canada denying CDS Musa’s visa better
Nigeria’s Chief of Defence Staff General Christopher Musa and other military leaders were recently denied a visa to go to Canada The development has been generating mixed reactions from Nigerians who have condemned the situation while others called for diplomatic solutions Omotayo Yusuf, a public commentator, in an exclusive interview with TheTalk.NG, opined that two ... Read more Continue reading here ▶


Why I changed my name to Babangida: IBB opens up
Former military president Ibrahim Babangida explained why he added Babangida to his name in his autobiography, A Journey in Service The decision arose from frequent inquiries from colleagues who often confused his last name, leading him to clarify his heritage The former military president humorously noted that despite the name change, he remained his father’s ... Read more Continue reading here ▶


How Nigeria appeared to have two presidents before Abacha, Babangida fell apart
The late military historian Nowa Omoigui documented the power struggle between Ibrahim Babangida and Sani Abacha following the foiled Gideon Orkar coup of 1990 Babangida’s newly released autobiography, A Journey in Service, blames “forces by Abacha” for the annulment of the June 12 presidential election in 1993 The rivalry between the two generals created the ... Read more Continue reading here ▶


Leave a Comment