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91
Business / Binance executives to be charged for money laundering
« Last post by Mr. Babatunde on April 03, 2024, 08:25:02 AM »


Barring any change, the Abuja Federal High Court has scheduled the arraignment of two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla for Thursday.

Gambaryan and Anjarwalla will be charged before Justice Emeka Nwite on two separate charges.

The one filed by the Economic and Financial Crimes Commission, EFCC, which bothers on money laundering, has five counts.


The other, by the Federal Inland Revenue Service, FIRS, has four counts, in which they were accused of sundry tax infractions.

Anjarwalla who escaped custody on March 22 will be arraigned before Justice Nwite in absentia.

The EFCC, in its charge filed on March 28, accused Binance executives of laundering about $35,400,000.

In count one of the charges, the defendants are alleged to have, between January 2023 and January 2024 in Abuja, carried out the specialised business of other financial institutions without a valid licence

The EFCC said the act constitutes an offence contrary to Section 57(1) and (2) of the Banks and Other Financial Institutions Act (BOFIA) 2020 and was punishable under Section 57(5) of the same Act.

In the charge by the FIRS, marked: FHC/ABJ/CR/115/2024 filed on March 22, the defendants were alleged to have committed the offence on or about February 1 this year.

In count one, the defendants are accused of failing to register with the FIRS to pay all relevant taxes while carrying out and offering services to subscribers on their platform (Binance).

The FIRS said the act constitutes an offence punishable under Sections 8 and 29 of the Value Added Tax (VAT) Act of 1993 (as Amended), Section 40 of the FIRS Establishment Act, 2007 (as amended) and under provisions of Section 94 of the Companies Income Tax Act (as amended).

On March 18, Justice Nwite had ordered Binance to provide the EFCC with a comprehensive data or information of all those trading on its platform from Nigeria.

The judge granted the interim order in a ruling on an ex-parte motion filed by EFCC’s lawyer, Ekele Iheanacho.

The judge said the interim order was to enable the EFCC to investigate its claim that money laundering and terrorism financing activities were being allowed on Binance’s platform.
92
Crime / Fire razes Owode Market In Offa, Kwara State
« Last post by Miss Ifeoluwa on April 02, 2024, 11:02:06 AM »


A fire outbreak that began in the early hours of Tuesday engulfed several shops at Owode Market in Offa, Kwara State.

A video of the incident seen by SaharaReporters captured the moment some of the shop owners were mourning as they watched their property destroyed by the fire.

“This fire is too much. This is not caused by electricity. Maybe some people were cooking and the fire started from there because this fire is much,” one of the traders said in the video.

A source from the town on Tuesday morning said the fire was eventually quenched by personnel of the Federal Fire Service and Kwara State Fire Service.

The source added that no fewer than five shops were affected by the inferno.

“The authorities are still assessing the situation, but personally, I know at least five shops were affected. The worth of goods and property destroyed can’t be said now until the assessment ends.

Meanwhile, barely eight months ago, there was a report about a midnight fire that razed a residential building in the town and destroyed property worth N6.5m.

The incident that occurred at about 1:05am at Kowope compound, Olorunkuse area, Offa, affected a two- bedroom flat and four shops.

In December, no fewer than 14 shops were reportedly razed by fire in two incidents that occurred in the Tanke area of Ilorin in Ilorin South Local Government Area of Kwara State.

At least, seven shops at Zion Overcomer, Opposite Duro Suleiman house, University Road, Tanke, were reportedly burnt while the second incident also occurred at Tanke Oke-Odo area on University Road at about 1.30 a.m.where another seven shops were destroyed by fire.

Punch
93


Travis Scott Releases Video For ‘FE!N’ Feat. Playboi Carti — Watch.

'FE!N’, the collaboration between Travis Scott and Playboi Carti, ended up being one of the biggest songs on UTOPIA. It gets a crazy reaction at shows and was even performed at this year’s GRAMMY Awards.

This afternoon, Trav has dropped a video for the record. It’s an interesting visual that sort of matches the energy of the song in a weird way. You can watch it below.

94


Paul O’Grady massages elephant with arthritis during visit to animal sanctuary in Thailand

Paul O’Grady treated an elephant with arthritis during his visit to an animal sanctuary in Thailand. The star comedian joined the sanctuary's vet team to give the elephant a Thai massage.

The animal was wounded from burns to force her to work carrying tourists.

Paul O’Grady’s Great Elephant Adventure debuted on ITV on Sunday, 31 March, which is the comedian's final TV documentary before his death.

The 67-year-old died on 28 March last year from sudden cardiac arrhythmia.

The series was filmed abroad for a month in December 2022 but had only finished production weeks before Paul passed away.
95
Sport/Gaming / Defeating Athletic Bilbao, Real Madrid sent a "war letter" to Man City
« Last post by Rajih on April 01, 2024, 03:36:23 AM »


This morning (April 1), Real Madrid welcomed Athletic Bilbao in round 30 of La Liga 2023/2024. Because both Girona and Barca had won previously, Real Madrid was forced to win 3 points to firmly secure the top spot in the rankings.

Home field advantage helps Real Madrid enter the game with enthusiasm. Right in the 8th minute of the match, the fans of the Royal Spanish team enjoyed joy when Rodrygo scored the opening goal of the match.

The early goal made it easier for Real Madrid to play in the following period. The White Vultures continuously created scoring opportunities, but were unable to take advantage of them successfully.

On Athletic Bilbao's side, this team played hard in the second half to find the equalizer. But before the attack could do anything, the away team's defense was defeated by Rodrygo again in the 73rd minute.

After scoring 2 goals, Real Madrid actively reduced the tempo of the match. Los Blancos still had more opportunities to score but the strikers could not convert them into goals.

In the end, Real Madrid won 2-0 against Athletic Bilbao. This victory helps the White Vultures secure first place, creating an 8-point gap with Barca in the championship race. Besides, Real Madrid has good momentum for the big battle with Man City in the quarterfinals of the 2023/2024 European Cup.
96


Z-Ro has been working on his Ghetto Gospel album for a while now.

In fact, he teased the project for the first time back in 2019 when he mentioned that the album produced by regular collaborators Beanz & Kornbread was almost ready for release. Since then, fans have been waiting, while some of them have almost lost hope.

The Texas veteran has now delivered his new album, featuring a total of 16 songs and guest appearances from folks like Lil Keke, Paul Wall, and Mya. Stream the new project below.

97


Kodak Black is back with new music titled ‘Non Believer’.

The rapper aims to serve more mature content with this release as is evident from the content. “I don’t wanna die a nonbeliever / I don’t wanna die in a disbelievin’ state of mind / I don’t wanna burn no more of y’all, shoot / I pray that all the dirt I do is justified” he sings on the chorus.

Listen to the song below. This follows his ‘Shampoo‘ release last month.

98


Machine Gun Kelly (he’s going by the name “mgk” now officially) and Trippie Redd have joined forces on a collab album called Genre: Sadboy.

Earlier this week, the two revealed the official artwork for the album and dropped the first single, ‘Lost Boys‘. Today, the full album featuring 10 songs is here on DSPs. It doesn’t feature any other guests. Stream the new album below.

99


DJ Premier and Snoop Dogg are both legends in the game, and thankfully for us, their many collaborations go back all the way to the 90s. Tonight, they add to their collection of collaborations with a new song called ‘Can You Dig That?’ which features Daz Dillinger.

The song is out if it’s midnight for you, but if not, you can check out a preview of it below until midnight EST in around seven hours.
100
Music Videos / Watch: Doechii & JT Join Forces on New Single ‘Alter Ego’
« Last post by Mr. Babatunde on March 29, 2024, 11:15:04 PM »


Doechii is back with brand new music as she shares ‘Alter Ego’ with assistance from JT.

The rapper-singer continues to push the envelope as she experiments with Eurodance on this one. The track had SZA reacting to it as “the craziest song I’ve heard all year” on social media after an early listen, and we can see why.

Doechii is coming off big success with her single ‘What It Is (Block Boy)’ and preparing to drop a new album later this year. The music video for the song is striking as well; watch it below.


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