The Nigerian House of Representatives has rejected claims of bribery made by Tigran Gambaryan, a Binance official, stating that the allegations are aimed at discrediting Nigerian institutions.¹
Gambaryan had alleged that some lawmakers demanded a $150 million bribe during a dispute between Binance and the Federal Government. However, the Nigerian authorities have dismissed these claims.
In a statement, House spokesman Akin Rotimi said the allegations, which were first circulated last year, target individual members, not the institution as a whole. The lawmakers urged the public to rely on verified facts and not be misled by recycled claims.
The House of Representatives emphasized that the members named in the allegations have denied any wrongdoing and have assured the House Leadership that they never had any such dealings as reported. One of the members has already taken legal action to clear his name.
The issue has evolved into a government-to-government engagement, with the Nigerian government prioritizing national interest over external commercial pressure. The government has rejected financial settlement offers from Binance, raising questions about the credibility and intent of the allegations.
The House of Representatives has decided to refrain from further comment, citing established parliamentary, judicial, and diplomatic principles. The lawmakers reaffirmed their commitment to transparency, accountability, and the protection of Nigeria’s democratic institutions.
