The federal government has confirmed the location of Binance executive Nadeem Anjarwalla, who fled police custody, revealing that he has been located
The federal government has confirmed the location of Binance executive Nadeem Anjarwalla, who fled police custody, revealing that he has been located in Kenya.
A source within the presidency, confirmed this new development noting that he’ll be extradited very soon.
He added that the cooperation between the Economic and Financial Crimes Commission (EFCC), Interpol, the Nigeria Police Force, and the Kenyan Police Service has intensified.
“We know where he is. He is in Kenya, and we’re working with the authorities to bring him back to Nigeria,” the source disclosed.
It may recalled that in March, the EFCC Chairman Ola Olukuyede emphasized the commission’s collaboration with international authorities, including Interpol, the United States, the United Kingdom, Northern Ireland, and Kenya, to extradite Nadeem, who has been evading arrest.
The charges against Binance Holdings Limited, Tigran Gambaryan, and Anjarwalla include tax evasion, currency speculation, and money laundering. The trio was arraigned by the EFCC on Thursday, April 4.
Nadeem had escaped from custody on March 22, and had been on the run since then.
In other developments, the Nigerian government confirmed that the EFCC has assumed full control over the Binance case from the Office of the National Security Adviser (ONSA).
The government has been conducting a sustained crackdown on Binance for its alleged involvement in manipulating Nigeria’s foreign exchange market.
However, during the 293rd meeting of the Monetary Policy Committee (MPC) in February, Central Bank of Nigeria Governor Olayemi Cardoso revealed that over $26 billion had been funneled through Binance without leaving a trace.
