Escape from Custody
Nadeem Anjarwalla, a senior Binance executive, escaped from Nigerian custody on March 22nd, after being detained on tax evasion charges. He fled the country using his Kenyan passport, despite having his British passport confiscated.
Tax Evasion Charges
Nigeria has filed tax evasion charges against Binance, Anjarwalla, and another executive, Tigran Gambaryan. The charges include non-payment of taxes, failure to file tax returns, and aiding customers in tax evasion.
Binance’s Response
Binance has confirmed that they are aware of Anjarwalla’s escape and are cooperating with Nigerian authorities. They prioritize the safety of their employees and are working to resolve the issue.
Authorities’ Investigation
Authorities are investigating how Anjarwalla managed to escape with his Kenyan passport and are working to locate his whereabouts. They are also considering issuing an international arrest warrant through Interpol.
Binance’s Legal Troubles
Binance has faced legal challenges in the past, including a $4.3 billion settlement in the US for anti-money laundering violations. Changpeng Zhao, the former CEO, stepped down as a result of these charges.
