Federal authorities apprehended two top executives of Binance in February as part of a crackdown on cryptocurrency exchanges aimed at curbing speculation on the naira, according to reports from Premium Times. The charges against the executives include allegations of non-payment of Value-Added Tax and Company Income Tax, failure to file tax returns, and complicity in enabling customers to evade taxes through the platform.
Premium Times further reported that one of the executives, Anjarwalla, purportedly escaped from the Abuja guest house where he and his colleague were being held. Allegedly, he fled after being escorted by guards to a nearby mosque for prayers. Anjarwalla, a British national with Kenyan citizenship, is believed to have left Abuja via a Middle Eastern airline. The circumstances surrounding his departure on a Kenyan passport, despite entering Nigeria with a British passport, remain unclear.
Immigration officials disclosed that the Binance executive fled Nigeria using a Kenyan passport, raising questions about how he obtained it since no other travel documents were reportedly found on him at the time of his arrest. It is speculated that the executives, detained in what was described as a “pleasant guest house,” may have exploited privileges granted to them, such as access to telephones, to plan the escape.
Zakari Mijinyawa, Head of Strategic Communication at the Office of the National Security Adviser, was unable to confirm the incident when reached for comment on Sunday night, promising to investigate further and provide updates.
Premium Times further reported that one of the executives, Anjarwalla, purportedly escaped from the Abuja guest house where he and his colleague were being held. Allegedly, he fled after being escorted by guards to a nearby mosque for prayers. Anjarwalla, a British national with Kenyan citizenship, is believed to have left Abuja via a Middle Eastern airline. The circumstances surrounding his departure on a Kenyan passport, despite entering Nigeria with a British passport, remain unclear.
Immigration officials disclosed that the Binance executive fled Nigeria using a Kenyan passport, raising questions about how he obtained it since no other travel documents were reportedly found on him at the time of his arrest. It is speculated that the executives, detained in what was described as a “pleasant guest house,” may have exploited privileges granted to them, such as access to telephones, to plan the escape.
Zakari Mijinyawa, Head of Strategic Communication at the Office of the National Security Adviser, was unable to confirm the incident when reached for comment on Sunday night, promising to investigate further and provide updates.
