The Nigerian government has denied allegations made by the Binance CEO about officials requesting bribes.

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The Nigerian government has denied allegations made by the Binance CEO about officials requesting bribes.

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Top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m bribe in cryptocurrency to settle the criminal charge against the firm.

A prosecutor with the Economic and Financial Crimes Commission, Ekele Iheanacho, dismissed Teng’s allegation, vowing to prosecute the case to the end.

In a statement on Wednesday, Nigeria's Information Ministry spokesperson Rabiu Ibrahim said the claims 'lack any iota of substance'. He accused Binance of attempting to undermine the country's legal proceedings.

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Nigerian government denies claim by Binance CEO that its officials requested bribes from Binance.

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