Nigerian court drops Binance Anjarwalla’s case following his custody escape

Share This Post

A federal high court in Nigeria has dismissed a human rights lawsuit filed by Binance executive Nadeem Anjarwalla against the country’s National Security Adviser and the Economic and Financial Crimes Commission.

On June 19, Justice Inyang Ekwo dismissed the case due to Anjarwalla’s lack of legal representation. Legal experts stated that this decision was expected, considering Anjarwalla fled the Nigerian authority’s custody in March and his lawyer, Tonye Krukrubo, subsequently withdrew from the case.

Anjarwalla, a dual British and Kenyan citizen, was one of the Binance executives the Nigerian government detained in February due to the regulatory issues associated with the exchange’s operations.

However, he escaped custody in March using a Kenyan passport, and his location remains unknown.

Gambaryan remains detained

Tigran Gambaryan, the other Binance executive, remains under Nigerian custody and is entangled in several legal battles against the authorities.

He is currently held at Kuje Prison and has a pending human rights enforcement application case against the Nigerian government. The case will be heard on July 9.

He also faces money laundering charges and has pleaded not guilty to the charges. The court denied him bail, considering him a flight risk.

Notably, Nigeria’s Federal Inland Revenue Service (FIRS) recently dropped the charges against him, choosing to focus on the exchange instead.

Meanwhile, there are suggestions that the US government might intervene in Gambaryan’s continued detention. Recently, FBI Director Christopher Wray met with Nigeria’s President Bola Tinubu, further fuelling speculations about a diplomatic intervention.

Nonetheless, Binance has maintained that Gambaryan is not a major decision-maker at the firm and does not need to be held before it resolves its issues with the Nigerian government.

The post Nigerian court drops Binance Anjarwalla’s case following his custody escape appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Spot Solana ETF Could Skyrocket Price 9x, Predicts Market Maker GSR

On Thursday, VanEck filed an application for the inaugural US-based spot Solana Exchange-Traded Fund (ETF) This move has sparked considerable interest among investors and analysts alike GSR, a

Crypto Catastrophe: Nearly $600 Million Vanishes in Q2 Hacks and Scams

The cryptocurrency space faced a turbulent second quarter, with roughly $57268 million lost to hacks and scams, marking a significant increase from previous periods This loss surge represents a 703%

Kraken’s Jesse Powell Donates $1 Million to Trump

Crypto industry leader Jesse Powell has made a significant donation of $1 million, primarily in ethereum, to Donald Trump’s presidential campaign In a social media post, Powell cited the crypto

2024 Crypto Losses Attributable to Deepfakes Projected to Exceed $25 Billion

Losses attributed to crypto crimes involving the use of deepfakes are projected to surpass $25 billion in 2024 According to the latest Bitget research study, these losses are expected to continue

Dogecoin Bearish Alert: Analyst Warns Of Potential Slide To $0.09, Here’s Why

Dogecoin (DOGE), like the other meme coins, has been facing severe bearish pressure and has not been able to attract a meaningful rally for a while now Due to its recent price declines, determining

Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors

Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the US Department of Justice (DOJ) announced on Wednesday Between March 4, 2021, and Sept 10,