On Foriegn News, Kenyan Police Reportedly Arrest Binance Executive Who Fled From Nigeria

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On Foriegn News,

Police authorities in Kenya have reportedly arrested Nadeem Anjarwalla, an executive of cryptocurrency platform Binance, who fled Nigeria some weeks ago.

Anjarwalla had escaped from custody in Nigeria following the Federal Government’s crackdown on the cryptocurrency platform in a bid to strengthen the naira.

While the Nigerian authorities later traced Anjarwalla to the East African nation, multiple reports say the Binance executive is now in the custody of the Kenyan police.
According to the reports, government sources in Kenya confirmed that the Binance chief is now in the custody of the country’s police.
Since he escaped from Nigeria, the Economic and Financial Crimes Commission (EFCC), the International Criminal Police, the Nigeria Police Force (NPF) and the Kenyan Police Service have been in talks to extradite Anjarwalla.

Tax evasion, currency speculation, and money laundering to the tune of $35,400,000 and are at the foundation of the Commission’s five counts against Binance Holdings Limited, Tigran Gambaryan and Nadeem Anjarwalla, the company’s chief executives.

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