Nigeria Government Collaborates with Interpol to Extradite Binance DirectorThe Nigerian government
Skip to content
en EN
BTC Coin BTC
-0.89%
ETH Coin ETH
-0.02%
USDT Coin USDT
-0.04%
BNB Coin BNB
3.37%
SOL Coin SOL
-3.61%
USDC Coin USDC
0.01%
XRP Coin XRP
-2.65%
DOGE Coin DOGE
-4.12%
ADA Coin ADA
-3.00%
AVAX Coin AVAX
-2.43%
BTC Coin BTC
-0.89%
ETH Coin ETH
-0.02%
USDT Coin USDT
-0.04%
BNB Coin BNB
3.37%
SOL Coin SOL
-3.61%
USDC Coin USDC
0.01%
XRP Coin XRP
-2.65%
DOGE Coin DOGE
-4.12%
ADA Coin ADA
-3.00%
AVAX Coin AVAX
-2.43%
Search...
Home > News > Editor Choice
Published: 04/04/2024
-
Author: Kane
Nigeria Government Collaborates with Interpol to Extradite Binance Director
The Nigerian government and the International Criminal Police Organization (Interpol) have initiated a coordinated plan to extradite Binance Director Nadeem Anjarwalla, who escaped from custody on March 22, 2024.
Azcnews Breakin1g
Table of Contents
The Nigerian Government Continues Struggle Against Suspicious Crypto Activities
Local sources report that high-level government sources in Nigeria have privately confirmed on April 2 that the extradition process of Nadeem Anjarwalla, Binance’s Africa regional director, has commenced, along with coordination with the U.S. Federal Bureau of Investigation (FBI) and governments of the UK and Kenya.
“The extradition process for Mr. Anjarwalla has been initiated. The federal government is collaborating with Interpol to extradite him, a fugitive from lawful detention, back to Nigeria. His accomplices remain in detention and will face charges on Thursday (April 4) along with Binance,” the source said.
Meanwhile, another high-level security source exclusively told the newspaper that security personnel were tasked with monitoring Anjarwalla before his escape as special investigators were closing in on him.
Recall that the Nigerian government, through the National Security Adviser’s office, had arrested Nadeem Anjarwalla and Tigran Gambaryan, senior executives of Binance, on February 28, 2024.
Their arrest was made during their visit to Nigeria after the government banned the operations of Binance and other major cryptocurrency exchanges. Their international passports were confiscated.
Related: Escalation of Tensions Between Nigeria and Binance
Nigeria Government Accuses Binance and Executives of Money Laundering $35.4 Million
Binance (2)
On February 27, Central Bank of Nigeria Governor Olayemi Cardoso announced that Binance facilitated transactions worth $26 billion from Nigeria over the past year, with the source of these funds believed to be from anonymous sources and individual investors.
As part of the investigation process, the Nigerian government wants the exchange to provide data on the top 100 traders/investors in the country, along with full transaction histories of all users for the past six months.
A few days after these demands were made, Nadeem Anjarwalla unexpectedly fled the country under unusual circumstances.
The Binance executive, holding dual citizenship from the UK and Kenya, is reported to have used his Kenyan passport to board a plane out of the West African nation. His escape has sparked criticism in Nigeria, with some security experts expressing embarrassment as he fled detention despite being under surveillance by security forces.
Following this leadership figure’s escape, Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), accused Binance Holdings Limited and Gambaryan of suspected involvement in money laundering on March 28.
Meanwhile, Binance exclusively informed the local newspaper on April 3 that Tigran Gambaryan, a Binance official who remains in custody, is not part of the company’s leadership but serves in a law enforcement role and does not have the authority to decide or disclose data on their top 100 traders in Nigeria.
Binance’s statement reads:
Binance respectfully suggests not to charge Tigran Gambaryan, who does not have decision-making authority within the company, while current discussions between Binance and Nigerian government officials are ongoing.
Read More
#Binance
#Nigeria
4.0/5
(2 votes)
Avatar of Vadim
Vadim
04/04/2024 at 5:24 am
Да уж, руки у нас длинные!
Like Reply Share
Avatar of Katusabe Samuel
Katusabe Samuel
04/04/2024 at 5:59 am
Instead of seeking for knowledge how to tax these future transaction they are arresting people with knowledge, Nigerian have knowledge on technology than their government so what they have done can not help them money will continue following into crypto and out
Like Reply Share
Leave a Reply
Your email address will not be published. Required fields are marked *
Comment *
Twitter
Telegram
Name
Save my name, email, and website in this browser for the next time I comment.
LATEST
Azcnews (1)
News | Editor Choice | Policy & Regulations 04/04/2024
Galaxy Digital Announces Fund Supporting Cryptocurrency Startups
Galaxy Digital unveils a $100 million fund aimed at fueling growth for promising cryptocurrency startups, focusing on early-stage companies in the crypto space.
Azcnews Breaking
Altcoin | Editor Choice 04/04/2024
Binance Announces Listing of Saga (SAGA) on Launchpool
Binance cryptocurrency exchange officially announces its 51st Launchpool project, Saga. Users can stake BNB or FDUSD in separate pools to farm Saga tokens. Read more details here!
Azcnews (5)
News | Editor Choice | Policy & Regulations 04/04/2024
KuCoin Exchange Witnesses Significant Outflow of Funds
Over the past week, cryptocurrency exchange KuCoin has been at the center of attention due to regulatory issues. The charges brought last Tuesday include violations of several anti-money laundering (AML) laws and regulations in the United States.
Azcnews (3)
Bitcoin | Editor Choice 04/04/2024
Bitcoin Rebounds to $66,000, Initiating a New Cycle
Throughout history, Bitcoin has experienced a 50% correction after reaching new highs in Open Interest. This marks the beginning of a new cycle.
Azcnews Breaking (75)
Altcoin | Editor Choice | Research 03/04/2024
What is Wormhole? Information about W Token?
Wormhole - a cross-chain platform developed on Solana - has successfully raised over 300 million USD from numerous large investors. So, what is Wormhole? Is the W Token worth investing in? Let's find out!
Top views
1
Guide to Participating in Eclipse Testnet
2
NIM Network Announces Airdrop of 90 Million Tokens
3
How to Participate in the Backpack Airdrop
4
Standard Chartered Forecasts Bitcoin to Rise to $250,000
5
Bitcoin Halving Chart History Analysis
6
What is ChatAI? Information about CHATAI Token?
7
Solana Earns the Title of Ethereum Slayer
8
The Resurgence of “RWA” Token Category
9
Square Enix Invests in Web3 Platform and NFT HyperPlay
10
AltLayer Introduces ALT Staking Feature
About AZC.News
About Us
For Ads
For KOLs
Privacy Policy
Terms of Services
Market
Analytics
Top Crypto Exchange
Top Cryptocurrency
Knowledge
Research
Glossary
Earn
Airdrop
Social Community
Copyright 2024 © AZ Coiner
