Read

<div class="protos">
 <div>
  <div>
   <div> 
    <p>A Binance executive detained in Nigeria and accused of tax evasion offenses has fled the country, according to local media.</p> 
    <p>Nadeem Anjarwalla was detained with fellow Binance exec Tigran Gambaryan late last month shortly after Nigeria&nbsp;banned several crypto exchanges from operating in the country. It was announced today that the pair, along with Binance itself, were officially accused of four tax offenses by Nigeria’s Federal Inland Revenue Service.</p> 
    <p>The charges filed in the Abuja Federal High Court last Friday claim the defendants <strong>failed to submit tax returns</strong>, were complicit in helping users evade taxes while using the <a rel="dofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> platform, and failed to pay value-added tax (VAT) and company income tax.&nbsp;</p> 
    <p>“<a rel="dofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> did not adhere to these requirements, thus violating <a rel="dofollow" title="Nigeria" href="https://thebittimes.com/tag/nigeria.html">Nigeria</a>n <a rel="dofollow" title="Law" href="https://thebittimes.com/tag/law.html">Law</a>s and potentially facing investigation and legal action for this infraction,” a statement from the state tax agency said.</p> 
    <figure class="wp-block-embed is-type-wp-embed is-provider-protos wp-block-embed-protos">
     <div class="wp-block-embed__wrapper"> 
      <blockquote class="wp-embedded-content" data-secret="RzaLS50X5d">
       Binance execs detained in Nigeria still being questioned over illicit fund flows
      </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" style="position: absolute; clip: rect(1px, 1px, 1px, 1px);" title="“Binance execs detained in Nigeria still being questioned over illicit fund flows” — Protos" src="https://protos.com/binance-execs-detained-in-nigeria-still-being-questioned-over-illicit-fund-flows/embed/#?secret=EyMKdW2jPi#?secret=RzaLS50X5d" data-secret="RzaLS50X5d" width="500" height="282" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe> 
     </div>
    </figure> 
    <p><em>Read more: ‘Misquoted’ Nigerian official denies wanting $10B from Binance</em></p> 
    <p>According to local media reports, Anjarwalla fled the country last Friday using a <a rel="dofollow" title="Nigeria" href="https://thebittimes.com/tag/nigeria.html">Nigeria</a>n passport. He apparently escaped the guest house in which the pair were staying after being led to a <a rel="dofollow" title="mosque" href="https://thebittimes.com/tag/mosque.html">mosque</a> to pray.&nbsp;</p> 
    <p>Authorities are reportedly trying to determine the destination of his flight and where he supposedly acquired the <a rel="dofollow" title="Nigeria" href="https://thebittimes.com/tag/nigeria.html">Nigeria</a>n passport after his <strong>British passport was previously confiscated</strong>.</p> 
    <p><em>Got a tip? Send us an email or ProtonMail. For more informed news, follow us on&nbsp;X,&nbsp;</em><em>Instagram</em><em>,&nbsp;</em><em>Bluesky</em><em>, and&nbsp;</em><em>Google News</em><em>, or subscribe to our&nbsp;</em><em>YouTube</em><em>&nbsp;channel.</em></p> 
    <p> </p> 
   </div>
  </div> 
 </div> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/binance-exec-accused-of-tax-evasion-flees-nigeria-during-mosque-visit-tbt83465.html">https://thebittimes.com/binance-exec-accused-of-tax-evasion-flees-nigeria-during-mosque-visit-tbt83465.html</a></p>

Binance exec accused of tax evasion flees Nigeria during mosque visit

TheBitTimes

Другие статьи, опубликованные 25 мар. 2024 г.

Koala presale aims to offer holders 2024’s best returns

Artificial Intelligence Models Shape Cryptocurrency Portfolios

Bitcoin Retests Resistance: Here’s The Level A Break Could Lead To

GBTC outflows meet ‘incredible demand’ ― 5 things to know in Bitcoin this week

Ripple Developer Makes Call for Canary Network Amid XRPL Glitch

Beyond Shiba Inu: Embark on a Journey with This Coin, Poised to Transform Small Investments into ...

Join our free newsletter for daily crypto updates!