Binance Executive’s Extradition Process Underway: Traced to Kenya by Nigerian Authorities

The ongoing saga between Binance and Nigerian authorities has taken a new turn as the executive who fled from Nigerian custody has been traced to Kenya by the Federal Government. Nadeem Anjarwalla, one of the Binance executives detained in February over tax evasion allegations, escaped from custody at the end of March. However, authorities have now located him in Kenya and are working on extraditing him back to Nigeria.

According to reports, the investigation led to the discovery of Anjarwalla’s whereabouts over the weekend. Sources within the presidency’s office confirmed that the fugitive went into hiding immediately after arriving in Kenya. The Nigerian government, along with the Kenyan authorities and INTERPOL, are collaborating to ensure his return to face the charges against him.

The Economic and Financial Crimes Commission (EFCC) Chair, Ola Olukoyede, stated that the commission is working with international agencies, including INTERPOL and the FBI, to facilitate Anjarwalla’s extradition. This move is seen as a strong message against distortions in the country’s forex market.

Anjarwalla’s escape from custody raised questions about the security measures in place. The guards responsible for monitoring him are now being questioned by special investigators from various security and intelligence agencies. The details of how Anjarwalla obtained the necessary documentation for his escape remain unknown.

Meanwhile, the other detained Binance executive, Tigran Gambaryan, is still in custody and awaits his trial. Gambaryan’s court appearance was postponed, and he is scheduled to face trial on April 19.

The developments in the Binance saga have captured the attention of the public, with many eager to see how the situation unfolds. The extradition process and the outcome of the trials will be closely monitored as the Nigerian government seeks to hold those involved accountable for their actions.