Nigeria Drops Tax Evasion Charges Against Imprisoned Binance Executives

Jun 14, 2024, 12:54 PM

Nigeria has dropped tax evasion charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla. The charges were withdrawn after Binance appointed a local representative to handle all court processes related to the allegations. However, other charges, including those from the Economic and Financial Crimes Commission (EFCC), remain. The Federal Inland Revenue Service (FIRS) will revise the charges to serve solely on Binance through its local representative. A family spokesperson confirmed the development, and Binance expressed relief over the decision. Gambaryan, who has been imprisoned since April, is reportedly ailing.