Binance’s chief of financial crime compliance, Tigran Gambaryan, on Thursday, April 4, visited the federal high court in Abuja for arraignment on claims of money laundering.
On February 28, Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa, were arrested by the Nigerian police.
Although Anjarwalla escaped from the custody of the office of the national security adviser (ONSA), both executives, with Binance, are scheduled to be accused in court by the federal government for tax evasion and money laundering on Thursday.
In the litigation marked: FHC/ABJ/CR/115/2024, Binance was accused of neglecting to register with the Federal Inland Revenue agency for the purpose of paying all appropriate taxes managed by the agency.
The FIRS further stated that although it was supplying taxable services to subscribers on its trading platform, the business neglected to provide invoices to those customers for the purposes of assessing and payment of its vavalue-added taxes.