Detained Binance executive escapes from custody
Written by Olakunle Oke on March 25, 2024
One of the Binance executives detained in Nigeria on allegations of tax evasion and other offences, Nadeem Anjarwalla, has reportedly escaped from custody.
Anjarwalla, 38, reportedly escaped from the Abuja guest house, where he and his colleague were detained. He allegedly seized an opportunity provided during Ramadan prayers.
Despite Nigerian authorities holding his British passport, he is believed to have left the country using a Kenyan passport.
Arrest
In February, Anjarwalla was arrested alongside another executive, Tigran Gambaryan. The pair were arrested after they arrived in the country by officials of the National Security Adviser, NSA, following a ban on their website.
The arrest came amidst efforts by the government to rein in speculation on the Naira by cracking down on cryptocurrency exchanges.
Also, authorities are trying to determine his intended destination to apprehend him and return him to custody.
An immigration official stated that the Binance executive fled Nigeria using a Kenyan passport.
The official disclosed that authorities are investigating how he obtained the passport, as he did not have any other travel document apart from the British passport, when he was arrested.
FG files tax evasion charges against Binance
Meanwhile, the Federal Government on Monday initiated criminal proceedings against Binance.
The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, implicates Binance with a four-count tax evasion accusation.
oining the crypto company as second and third defendants in the suit are Tigran Gambaryan and Nadeem Anjarwalla, both senior executives of Binance currently under the custody of the Economic and Financial Crimes Commission, EFCC.
Source: Jordan 105.5fm News Bulletin
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