Binance Gate : House of Reps Urge Accused Members To Protect Their Reputations

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The House of Representatives has called on members fingered in the allegations by Tigran Gambaryan, Head of financial crime of Binance, involving demands for a 150 million dollar bribe, to pursue justice and the protection of their reputations.

 

A statement by Spokesman of the House, Rep. Akin Rotimi, Jr, stated that the “Honourable Members named have assured the House Leadership that they never had any such dealings as reported.”

 

Rep. Rotimi disclosed that while one of the members has already instituted legal action to clear his name, the others have been encouraged to approach the court to clear their names.

 

The statement also said that as a result of the active involvement of both the Nigerian and United States governments, the matter has evolved into a government-to-government engagement, adding that the House will observe due process on the matter.

 

“As an independent arm of government, the House upholds due process, the rule of law, and constitutional oversight.

 

These allegations, which have been previously circulated last year, are directed at individual members, not the institution itself,” the statement added.

 

Part of the statement read, “The House of Representatives has taken note of recent media reports concerning bribery allegations made by a Binance official. Given the gravity of these claims, it is necessary to state the institutional position of the House.

 

“Notably, in the course of high-level diplomatic discussions, the Federal Government of Nigeria has prioritized national interest over external commercial pressure, including rejecting financial settlement offers from Binance.

 

“These facts raise serious questions about the credibility and intent of the allegations being peddled.

 

“As the matter is now before a court of competent jurisdiction and remains the subject of ongoing diplomatic engagements, the House will refrain from further comment in line with established parliamentary, judicial, and diplomatic principles.

 

“The House of Representatives urges the public to rely on verified facts and not be misled by recycled claims aimed at discrediting Nigerian institutions and public officials.

 

The House remains steadfast in its commitment to transparency, accountability, and the protection of Nigeria’s democratic institutions.”

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