Groups seek FG’s protection for exposing Binance

Two Civil Society Organisations (CSOs) have appealed to President Bola Tinubu for state’s protection for unearthing alleged money laundering perpetrated by Binance Holdings Ltd.

The CSOs are Empowerment for Unemployed Youths Initiative (EUYI) and Niger Delta Youth Council (NDYC).

The CSOs made the appeal in a letter addressed to the President and jointly signed by National Coordinator of EUYI, Mr Solomon Adodo, and National Coordinator of NDYC, Mr Jator Abido.

In a copy of the letter made available to newsmen, yesterday in Abuja, the organisations contended that they were the petitioners and whistleblowers that unearthed the brazen abuse of the Nigerian financial system being perpetrated by Binance.

They also commended the Federal Government for demonstrating the political will to arraign Binance Holdings Ltd and its two top officials on a five-count money laundering charge.

The statement reads: “We wish to notify Mr President of the present threat to our lives and seek protection from the state through your express presidential directive.”