Escaped Binance executive tracked down in Kenya

Nigerian intelligence services managed to track down Binance top manager Nadeem Anjarwalla, who escaped from custody. How report local media, he is in Kenya.

The Economic and Financial Crimes Commission of Nigeria, Interpol and the police are reportedly in talks to extradite Nadeem Anjarwalla to face charges. The source claims that he may be involved in money laundering for $35.4 million.

The regional head of the Binance exchange for East and West Africa, Nadeem Anjarwalla, managed to escape from Nigerian law enforcement agencies using a Kenyan passport.

“We found him. He is located in Kenya. We are negotiating with the authorities to return him to the country,” the authorities said in a statement.

His colleague Tigran Gambaryan was arrested in Abuja last week. According to the authorities, the top manager must answer for Binance’s illegal actions.

At the same time, Gambaryan himself stated that he was not responsible for the decisions and activities of the company. According to him, he personally did not violate the legal framework of Nigeria, and his detention is illegal.

Anjarwalla and Gambaryan have been detained in Nigeria since late February 2024. Previously, they were invited by local authorities to discuss the activities of the exchange in the region. After the first meeting, the company's employees were ordered to pack up their belongings and moved into a house under the supervision of the Nigerian National Security Agency.

Chairman of the Blockchain Industry Coordination Committee of Nigeria (BICCoN), Lucky Wakwe, spoke Cointelegraphthat investors are concerned about the possible consequences of the trial with Binance. Against the backdrop of the government’s hostile attitude towards the crypto exchange and the industry as a whole, they are refusing a number of deals and partnerships, the expert noted.

Wakwe called the acquittal of Binance top managers unlikely. According to him, for this the company will have to “fulfill certain conditions.”

Source: Cryptocurrency

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