Following his escape from custody, Nadeem Anjarwalla, a senior executive at Binance, has been located in Kenya by Nigerian authorities, who are now seeking his extradition back to Nigeria.
Sources within the Nigerian presidency, cited by Punchng.com, confirm that Anjarwalla’s whereabouts in Kenya have been determined. Efforts are underway to coordinate with Kenyan authorities to facilitate his return to Nigeria.
Anjarwalla is accused of a range of financial crimes, including money laundering, tax evasion, and currency speculation amounting to $35.4 million. This has prompted collaborative efforts between Nigerian agencies such as the Economic and Financial Crimes Commission (EFCC), the Nigeria Police, the Kenyan Police, and Interpol.
The EFCC, in collaboration with international agencies like the FBI, UK authorities, and Kenyan law enforcement, has been working to address the allegations.
The case dates back to February when Anjarwalla, along with another Binance executive, Tigran Gambaryan, was detained in Nigeria over allegations of manipulating the Nigerian naira. While Gambaryan remains in EFCC custody, Anjarwalla managed to escape on March 22nd, reportedly using his UK passport to board a flight out of Abuja.
However, questions remain about how Anjarwalla managed to board the flight, as Nigerian authorities hold his UK passport, which he used to enter Nigeria.
Ongoing investigations involve interrogating soldiers involved in monitoring Anjarwalla and the extensive involvement of various Nigerian agencies, including the military, the Department of State Services, the Police, and the National Intelligence Agency.
Binance’s decision on March 5th to halt all naira transactions and remove naira trading pairs from its peer-to-peer platform came amidst increased scrutiny from the Nigerian government to combat suspected money laundering activities facilitated through the exchange.
Central Bank of Nigeria governor, Olayemi Cardoso, had previously expressed concerns about crypto exchanges in Nigeria facilitating illicit transactions amounting to over $21.6 billion.
Powered by Crypto Expert BD
Follow us on Twitter: https://x.com/CryptoExpert_BD
Join our Telegram channel: https://t.me/CryptoExpert_BD
