EFCC Responds to Allegations of Stopping Service of Charges on Binance Chief

The Economic and Financial Crimes Commission (EFCC) has issued a statement denying allegations that it prevented the service of charges on the Chief of Binance.

The EFCC’s response comes after a news report in a leading national newspaper claimed that the commission had stopped the service of charges on Binance’s executives.

In a statement released on Friday, EFCC Spokesman, Dele Oyewale, clarified that the report is “untrue, misleading and removed from the facts before the court.”

He emphasized that at no time did the court bailiff approach the EFCC to serve any of the Binance executives in its custody with a charge.

The statement also addressed the recent court sitting, where counsel to the Federal Inland Revenue Service (FIRS), Moses Ideh, informed the court that the Service was yet to serve the defendants.

However, Ideh did not lodge a complaint before the court regarding the EFCC’s alleged interference in the service of charges.

The EFCC’s response highlights the importance of accurate reporting and the need for media outlets to verify their information before publishing.

As the situation develops, both the EFCC and Binance will likely continue to monitor the situation closely.

In the meantime, it is essential for all parties involved to ensure that the legal process is followed correctly and transparently.

The allegations against Binance and its executives have garnered significant attention, and any developments in the case will undoubtedly be closely watched by the public and the financial community.

As the Economic and Financial Crimes Commission continues to address the allegations and work with the Federal Inland Revenue Service, it remains to be seen how the situation will unfold and whether the charges against Binance’s executives will be successfully served.