Binance executive in court for tax evasion

Tigran Gambaryan, Binance’s head of financial crime compliance, will be arraigned, on Thursday, at the federal high court in Abuja for tax evasion and money laundering.

Gambaryan’s colleague, Nadeem Anjarwalla, who was Binance’s regional manager for Africa, had absconded from custody. He escaped from a mosque where he was led to pray, the NSA’s office stated.

The National Security Adviser had detained the two men over their roles in the manipulation of forex in Nigeria.

More to follow …