Binance Executive, Nadeem Anjarwalla, who was on the run, has been apprehended by the Kenya Police Service and will be extradited to Nigeria by the International Criminal Police Organization this week.
While disclosing this yesterday in Abuja, the government sources, who were familiar with the case, begged not to be mentioned because they were not authorized to speak on the matter.
Recall that the Federal Government had tracked Anjarwalla down in Kenya after he had run away from a Nigerian court order.
Anjarwalla, who escaped from Nigeria, went into hiding as soon as he arrived in Kenya.
In the statements reported, one of the sources said, “Nadeem Anjarwalla, a Binance executive, has been arrested by the Kenya Police Service and will be extradited to Nigeria by INTERPOL this week.“
The report also quoted another source, saying:
“We have found him. We know where he is; he is in Kenya, and we’re working with the authorities to bring him back to Nigeria.
“All hands are on deck. The government and all the security agencies are working hard in conjunction with the Kenyan authorities and INTERPOL, to ensure his return to Nigeria, to face the charges brought against him.”
In light of the development, the Nigeria Police Force, the International Criminal Police Organization, the US Federal Bureau of Investigation, the governments of the United Kingdom, Northern Ireland, and Kenya, as well as the EFCC Chairman Ola Olukoyede, had confirmed in the March edition of the bulletin titled: “EFCC Alert” that the commission was collaborating with the identified organizations to extradite Anjarwalla.
“The commission’s takeover of the Binance executives’ prosecution is no less a strong message in the direction of EFCC’s resolve to hedge in distortions and disruptions in the nation’s forex market,” Olukoyed stated.
The basis of the Commission’s five charges against Binance Holdings Limited, its CEOs Tigran Gambaryan and Nadeem Anjarwalla, is tax evasion, currency speculation, and money laundering totalling $35,400,000.
