Tag: binance

Nadeem Anjarwalla, fleeing Binance chief arrested in Kenya, to be extradited to Nigeria

Wura Kelani, Crime Reporter

Police authorities in Kenya have arrested Nadeem Anjarwalla, a Binance Holdings Ltd. top executive, who escaped from detention in Nigeria and the International Criminal Police Organisation is finalizing moves to extradite him to Nigeria soonest. Government sources familiar with the case who spoke on condition of anonymity because they were not authorised to speak on the matter confirmed the development to our correspondent on Sunday night, reports The PUNCH newspapers. One of the sources said, “Binance executive, Nadeem Anjarwalla, has been arrested by the Kenya Police Service, and he would…

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Alleged Fraud: EFCC arraigns Binance chief in court, adjourns tax evasion case to April, 19

Wura Kelani, Crime Reporter

Tigran Gambaryan, Binance’s head of financial crime compliance, has arrived the federal high court in Abuja for arraignment over allegations of money laundering. On February 28, Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa, were detained by the Nigerian authorities. Although Anjarwalla has escaped from the custody of the office of the national security adviser (ONSA), both executives, alongside Binance, are expected to be charged in court by the federal government for tax evasion and money laundering on Thursday. In the suit marked: FHC/ABJ/CR/115/2024, Binance was accused of failing…

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Reps plot Binance Holdings CEO arrest over alleged tax evasion, money laundering

Wura Kelani, Crime Reporter

The House of Representatives Committee on Financial Crimes has recommended the arrest of the Chief Executive Officer of Bianace Holding Ltd over alleged tax evasion and money laundering in Nigeria. The recommendation followed a motion by Rep. Isah Dogonyaro (APC- Jigawa state) at a public hearing on Monday in Abuja. The hearing was on a petition by Empowerment Fund for Nigerian Youth Initiative and the Niger Delta Youth Council of Nigeria on several crimes allegedly committed by Bianance. Binance is an online financial company, operating in the cyberspace of Nigeria…

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