former executive of the crypto exchange in Nigeria arrested
The post former executive of the crypto exchange in Nigeria arrested appeared on BitcoinEthereumNews.com. Yesterday, Nadeem Anjarwalla, a former executive of the crypto exchange Binance in Nigeria who had been wanted for some time, was finally arrested. The local newspaper Punch reported that Anjarwalla was arrested by the Kenyan police service. Nigeria: The story of Anjarwalla, former executive of the crypto exchange Binance The legal troubles of Nadeem Anjarwalla begin at the end of March, when Nigeria accused Binance of tax evasion. Anjarwalla was arrested on that occasion, but later managed to escape from custody. Since then, his whereabouts had been lost, but yesterday he was found and stopped in Kenya, more than 3,000 kilometers away. Previously, the Federal Inland Revenue Service (FIRS) of Nigeria had filed four charges of tax evasion against Binance, including failure to pay value-added tax (VAT) and corporate income tax, omission of income declaration, and complicity in helping customers evade taxes through its platform. Furthermore, he had also accused the exchange of not registering with the FIRS itself for tax purposes. The charges did not only concern the company itself, but also two of its top executives, Tigran Gambaryan and Nadeem Anjarwalla. Gambaryan was in charge of compliance oversight, while Anjarwalla was Binance’s regional manager for the entire Africa. The two were arrested, but Anjarwalla managed to escape during a escorted visit to a mosque. The hypothesis was that he had left the country using a different passport than the one confiscated by the Nigerian authorities, and indeed yesterday he was found in Kenya. The arrest The federal government a few days ago tracked down Anjarwalla in Kenya, when his cover was blown after he arrived by plane and managed to temporarily hide. At that point, they collaborated with local authorities to arrest him and later return him to Nigeria. Now the International Criminal Police Organization aims to extradite…
The post former executive of the crypto exchange in Nigeria arrested appeared on BitcoinEthereumNews.com.
Yesterday, Nadeem Anjarwalla, a former executive of the crypto exchange Binance in Nigeria who had been wanted for some time, was finally arrested. The local newspaper Punch reported that Anjarwalla was arrested by the Kenyan police service. Nigeria: The story of Anjarwalla, former executive of the crypto exchange Binance The legal troubles of Nadeem Anjarwalla begin at the end of March, when Nigeria accused Binance of tax evasion. Anjarwalla was arrested on that occasion, but later managed to escape from custody. Since then, his whereabouts had been lost, but yesterday he was found and stopped in Kenya, more than 3,000 kilometers away. Previously, the Federal Inland Revenue Service (FIRS) of Nigeria had filed four charges of tax evasion against Binance, including failure to pay value-added tax (VAT) and corporate income tax, omission of income declaration, and complicity in helping customers evade taxes through its platform. Furthermore, he had also accused the exchange of not registering with the FIRS itself for tax purposes. The charges did not only concern the company itself, but also two of its top executives, Tigran Gambaryan and Nadeem Anjarwalla. Gambaryan was in charge of compliance oversight, while Anjarwalla was Binance’s regional manager for the entire Africa. The two were arrested, but Anjarwalla managed to escape during a escorted visit to a mosque. The hypothesis was that he had left the country using a different passport than the one confiscated by the Nigerian authorities, and indeed yesterday he was found in Kenya. The arrest The federal government a few days ago tracked down Anjarwalla in Kenya, when his cover was blown after he arrived by plane and managed to temporarily hide. At that point, they collaborated with local authorities to arrest him and later return him to Nigeria. Now the International Criminal Police Organization aims to extradite…
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