Binance: Rep threatens legal action over $140m bribe allegation

Binance: Rep threatens legal action over $140m bribe allegation

A House of Representatives member. Dominic Okafor, has denied allegations of accepting a $140 million bribe from Binance, an online cryptocurrency trading platform.

Okafor, representing Aguata Federal Constituency of Anambra State, has threatened to sue Premium Times that reported the allegations.

He told journalists in Abuja of his intention to pursue legal action against the media outlet responsible for the report tarnishing his reputation.

This came after Okafor’s motion to investigate the escape of Binance executive Nadeem Anjarwalla from Nigerian security custody.

He asserted that the timing of the bribery allegations, shortly after moving the motion, suggested a deliberate attempt to smear his name and integrity.

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In response to the report, Okafor wrote a letter to Premium Times demanding the retraction of the report within 24 hours.

He copied the Speaker, Deputy Speaker, Clerk, Inspector General of Police, EFCC, and DSS.

A Binance executive had earlier accused members of a federal government committee of corruption.