United

Northern

The Kenyan authorities have apprehended Nadeem Anjarwalla, a Binance executive who made a<a href="https://thecoinrise.com/binance-executive-escapes-from-custody-in-nigeria/" rel="noopener noreferrer nofollow"> daring escape</a>, from the nation’s capital, Abuja, just before his arraignment in court along with his colleague, Tigran Gambaryan.
<h2 id="b-binance-s-anjarwalla-allegedly-in-police-custody-b">Binance’s Anjarwalla Allegedly in Police Custody</h2>
A local newspaper said anonymous government sources confirmed that Anjarwalla was arrested by the Kenya Police Service. According to the source, “Binance executive, Nadeem Anjarwalla, has been arrested by the Kenya Police Service, and he will be extradited to Nigeria this week by INTERPOL.”
TheCoinRise media confirmed from Kenyan authorities that <a href="https://thecoinrise.com/kenya-and-nigeria-in-talks-to-extradite-runaway-binance-executive/" rel="noopener noreferrer nofollow">talks were ongoing with the Nigerian authorities to extradite Anjarwalla</a> to face financial charges. The hurdle that seemed to delay the process was Kenyan extradition law which mandates that a Nigerian court issue an arrest warrant which would then be forwarded to Nairobi’s attorney general.
<h2 id="b-binance-execs-face-35k-money-laundering-charges-b">Binance Execs Face $35k Money Laundering Charges</h2>
Nigeria’s financial crimes agency, the Economic and Financial Crimes Commission (EFCC) Chairman Ola Olukoyede earlier stated there was a manhunt for Anjarwalla in collaboration with INTERPOL, the United States Federal Bureau of Investigation (FBI), the governments of the United Kingdom, Northern Ireland, and Kenya to facilitate Anjarwalla’s extradition.
Olukoyede confirmed that the EFCC is committed to addressing distortions and disruptions in Nigeria’s forex market, citing the alleged tax evasion, currency speculation, and money laundering, totaling over $35,400,000, as the basis for Anjarwalla’s charges.
<h2 id="strong-binance-executive-is-visibly-fighting-back-strong">Binance Executive Is Visibly Fighting Back</h2>
The arrest of Anjarwalla and Gambaryan happened after the duo were invited by the Nigerian authorities to answer questions on the operations of Binance in the country which some in the presidency alleged were behind the country’s forex woes and depreciation of the local fiat.
Meanwhile, Gambaryan is still in EFCC custody following the postponement of his trial. However,<a href="https://thecoinrise.com/binance-tax-evasion-trial-postponed-details/" rel="noopener noreferrer nofollow"> he is fighting back as he filed a lawsuit challenging his continued detention</a> and denial of his fundamental human rights. His motion claims that his continued detention at Kuje Correctional Centre and passport confiscation contravene the country’s constitution, which guarantees personal liberty.
The upcoming extradition of Anjarwalla will further accelerate the ongoing investigation by the Nigerian authorities. Further twists in the ongoing case are expected in the near future.
The post <a href="https://thecoinrise.com/runaway-binance-executive-nabbed-by-kenya-police/" rel="noopener noreferrer nofollow">Runaway Binance Executive Nabbed By Kenya Police</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Runaway Binance Executive Nabbed By Kenya Police

목차

TheCoinrise Media

2024년 4월 22일에 게재된 다른 기사

Shiba Inu Bags $12 Million From Investors to Develop Shibarium Successor

Popcat Price Prediction: POPCAT Skyrockets 53% As Traders Turn To This Other SOL Meme Coin That’s...

SEC: Case against Tron Founder falls under U.S. jurisdiction

Bitcoin Halving Sparks Major Drop in Transaction Fees

Bitcoin Halving Reflected Positively on Layer 2 Projects! Here are the Altcoins that Rising with ...

Bitcoin transaction costs plummet post-halving surge

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!