Hon. Ginger Obinna, Chairman of the House Committee on Financial Crimes, has strongly denied allegations of bribery made against him by Tigran Gambaryan, a senior executive of Binance.

The lawmaker, who has been at the center of an investigation into Binance’s operations in Nigeria, described the claims as false, malicious, and defamatory.

Onwusibe’s response follows a statement by Gambaryan, Binance’s Head of Financial Crime Compliance, who took to social media to accuse the lawmaker and his committee of demanding bribes during an investigative hearing on the company’s activities in Nigeria. 

Providing a detailed account of events, Onwusibe said that his committee began investigating Binance after receiving a petition from the Empowerment for Unemployed Youth Initiative, a civil society organization. 

The lawmaker dismissed the latest allegations by Gambaryan, calling them a desperate attempt by Binance to deflect attention from its own legal troubles.