EFCC, INTERPOL, And Kenyan Police Collaborate To Extradite Binance Executive
The Federal Government of Nigeria, in collaboration with the Economic and Financial Crimes Commission (EFCC), INTERPOL, and the Kenyan Police Service, is working to extradite Binance executive Nadeem Anjarwalla back to Nigeria. Anjarwalla had fled custody in Nigeria but was located in Kenya, where he went into hiding upon arrival.
The charges against Anjarwalla, along with Binance Holdings Limited and another executive, Tigran Gambaryan, amount to $35.4 million in money laundering allegations. While Gambaryan is currently in EFCC custody, Anjarwalla will be arraigned in absentia alongside the company and Gambaryan.
The Nigerian government has been cracking down on suspected money launderers and terrorism financiers, with investigations revealing the use of the Binance platform for criminal activities. The detention of Binance officials in Nigeria follows the platform’s guilty plea and agreement to settle criminal money laundering charges in the United States.
As the government continues its efforts to extradite Anjarwalla and prosecute those involved in financial crimes, the case highlights the need for stronger regulations and oversight in the cryptocurrency industry. Stay tuned for updates on this developing story.
