Nigerian Government Successfully Locates Binance Executive Fleeing to Kenya

The Nigerian Federal Government has made a significant breakthrough in the case of Nadeem Anjarwalla, a Binance executive who fled Nigeria and went into hiding in Kenya. The government, in collaboration with key law enforcement agencies, has successfully located Anjarwalla and is now working towards his extradition back to Nigeria to face charges of money laundering.

Anjarwalla’s escape to Kenya and subsequent hiding had raised concerns, but recent developments have shed light on his whereabouts, marking a crucial step forward in the case. The Nigerian authorities, including the EFCC, Interpol, and the Nigeria Police Force, are working closely with the Kenyan Police Service to facilitate Anjarwalla’s extradition.

The EFCC Chairman, Ola Olukoyede, confirmed that the commission, along with international partners such as the FBI and the governments of the UK, Northern Ireland, and Kenya, is actively involved in the extradition process. The charges against Binance Holdings Limited, Tigran Gambaryan, and Anjarwalla amount to $35.4 million in money laundering allegations.

The Federal Government has initiated the extradition process of Anjarwalla back to Nigeria, with sources indicating that all efforts are being made to ensure his return for legal proceedings. Anjarwalla’s partner, Gambaryan, is currently in EFCC custody and will be arraigned in court alongside their company, Binance.

The court documents obtained by Saturday Punch reveal the detailed charges against Binance, Gambaryan, and Anjarwalla, including engaging in financial activities without a valid license, money laundering, and tax evasion. The government is leaving no stone unturned in its efforts to bring Anjarwalla to justice and hold him accountable for his alleged crimes.

The collaboration between Nigerian and international law enforcement agencies underscores the commitment to combat financial crimes and ensure that individuals involved in illegal activities are brought to justice. The extradition of Anjarwalla will serve as a significant milestone in the fight against money laundering and other financial offenses, sending a strong message of deterrence to those who seek to exploit the system for personal gain.