Escape and evasion

Newsmen reports that Anjarwalla, Binance's Africa regional manager, escaped from custody on March 22, 2024, from an Abuja guest house, where he and his colleague, Tigran Gambaryan, were detained for alleged tax evasion.

Case adjournment till May 17So far, the Federal High Court adjourned the case against Binance and its two executives to May 17. The case borders on money laundering and Tax evasion.

One of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, Nadeem Anjarwalla, has reportedly escaped from custody. In February, the Federal Government detained the two senior executives of Binance.

Binance and its executives are faced with two separate suits by the Federal Inland Revenue Service (FIRS) and the EFCC; the former concerns tax evasion, while the latter deals with money laundering and foreign exchange contravention.

Additionally, the Nigerian government filed a criminal charge against Binance for "tax evasion" on March 25, coinciding with Anjarwalla's escape from detention.

and earn money.