Nadeem Anjarwalla, a Binance executive detained in Nigeria for alleged tax evasion and other offenses, has reportedly escaped from custody. The escape comes amidst a crackdown on cryptocurrency exchanges by the Nigerian government, aimed at curbing speculation on the naira.
Anjarwalla and another senior executive of Binance were detained by the Federal Government in February. The charges against Binance include non-payment of Value-Added Tax, Company Income Tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform.
According to reports from Premium Times, Anjarwalla escaped from an Abuja guest house where he and his colleague were being held. He allegedly fled after being escorted by guards to a nearby mosque for prayers. Despite holding a British passport, Anjarwalla is suspected to have left Nigeria using a Kenyan passport, raising questions about how he obtained it while in custody. Authorities are working to determine his intended destination and bring him back into custody.
The escape of Nadeem Anjarwalla has raised concerns about detention facility security and oversight, revealing potential monitoring lapses. The Office of the National Security Adviser has been contacted for comment but hasn’t responded to inquiries yet. Anjarwalla’s escape despite facing serious charges highlights issues in detainee supervision, prompting calls for a review of security protocols. The incident raises questions about security effectiveness.
Follow us on Socials: