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BREAKING: Detained Binance CEO Escapes from Custody in Nigeria After Visiting Mosque for Ramadan
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Detained Binance Executive has escaped from custody in Nigeria after visiting a Mosque for Ramadan.
Naijablitznews reports that one of the two Binance executives, Nadeem Anjarwalla, who was held behind bars in Nigeria on suspicious tax evasion and other offences, escaped from detention.
The 38-year-old Anjarwalla broke free from the Abuja guest house on Friday, March 22, where he was being held along with a companion. The guards there had led him to a nearby mosque for prayers in observance of the ongoing Ramadan fast.
The detained Binance Executive, a British citizen, who is also a Kenyan, is thought to have taken a Middle East airliner out of Abuja, Nigeria’s capital.
Although Anjarwalla entered Nigeria using a British passport which was in the possession of Nigerian authorities when he escaped, it is still unclear how he managed to board a foreign flight.
To rearrest him, authorities are reportedly investigating his intended destination.
The report cited an Immigration official who stated that the Binance executive used a Kenyan passport to leave Nigeria. But considering that he was carrying only the British passport and no other travel documents, the official said that police were attempting to ascertain how he got the passport.
The two officials were in a “comfortable guest house,” according to a different source. Numerous privileges were allegedly granted to them, including the ability to use telephones, which Anjarwalla took advantage of to plan his escape.
Newsone recalls that Anjarwalla, the regional manager for Binance in Africa, and Tigran Gambaryan, a US citizen in charge of the cryptocurrency exchange platform’s financial crime compliance, were arrested when they arrived in Nigeria on February 26, 2024.
The two Binanace executives were charged with a crime by the Federal Government of Nigeria led by President Bola Tinubu before an Abuja magistrate court.
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) was permitted by the court on February 28, 2024, to detain the two individuals for 14 days.
The Nigerian government was also required by the court to get data and information about Nigerians who trade on Binance’s platform. The court prolonged the officials’ detention for an extra 14 days to stop them from tampering with the evidence after Binance disobeyed the order. The case between the government and Binance was postponed by the court until 4 April 2024.
Another four-count charge brought by the government against Binance Holdings Limited, Anjarwalla, and Gambaryan alleges that they provided services to users of their platform without registering with the Federal Inland Revenue Service and failing to pay all applicable taxes managed by the service, thereby committing an offence against and punishable under Section 8 of the Value Added Tax Act of 1993 (as Amended).
The Federal government of Nigeria claims that Binance provided taxable services to users of their trading platform but neglected to send them invoices so they could calculate and pay their value-added taxes. By doing this, they violated S.29 of the Value Added Tax Act of 1993 (as modified) and committed an infraction.
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Ooni debunks report over conferment of chieftaincy title on Baba Ijesha
The Permanent Chairman of the Southern Nigerian Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula and the Natural Head of the Oduduwa race worldwide, the Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, Ojaja II, has rubbished reports circulating on social media alleging that he conferred a chieftaincy title on popular Nollywood actor and comedian, James Olanrewaju, popularly known as Baba Ijesha.
In a statement on Saturday by the Director of Media and Public Affairs, Ooni’s Palace, Otunba Moses Olafare said the Ooni clarified that although he warmly received the actor and his wife at the Ile Oodua Palace on Wednesday to celebrate the birth of his son and presented him with a brand-new car and cash gifts as a demonstration of his fatherly love and royal generosity, no chieftaincy title was conferred on him.
According to him, the expression “Awada Konge Oduwa,” which Baba Ijesha later described on his social media pages as a chieftaincy title, was merely a light-comedy remark made by the Ooni during a relaxed interaction in recognition of the actor’s outstanding career as a comedian.
The remark was never intended to constitute a formal installation or conferment of a traditional title.
The Ooni noted that Baba Ijesha, as an indigene of Ile-Ife and a proud son of the source, is deserving of honour and could be considered for a chieftaincy title in the future.
However, no such title has been conferred on him.
“The conferment of chieftaincy titles in Ile-Ife remains a sacred traditional process governed by established customs, consultations and traditional rites, which are publicly conducted in accordance with the age-long traditions of the source. None of these customary procedures took place during the actor’s visit to the Palace, “he said.
While appreciating Baba Ijesha for acknowledging the royal kindness extended to him and his family, the Ooni urged media organisations and members of the public to disregard reports claiming that the actor has been installed as the “Awada Konge Oduwa” or conferred with any chieftaincy title.
The Ooni reaffirmed his commitment to celebrating and supporting deserving sons and daughters of Ile-Ife and the Oodua race at large while preserving the sanctity, dignity and integrity of the revered traditional institution of chieftaincy.
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Presidency Orders DSS, EFCC To Probe Govt Officials Linked To PFIPC Scandal
The Presidency has called on security and anti-graft agencies to identify, arrest and prosecute government officials who may have collaborated with Prince Matthew Adeniyi Adeyemi in the alleged operation of two fictitious federal government agencies.
Adeyemi is accused of creating the Presidential Foreign Intervention Promotion Council and the Presidential Economic Advisory Council using allegedly forged documents purportedly linked to the Presidency.
In a statement on his verified X handle, the Senior Special Assistant to President Bola Ahmed Tinubu on Media and Publicity, Temitope Ajayi, said investigators must go beyond Adeyemi and expose the internal network that allegedly enabled him to operate for an extended period.
Ajayi urged the Department of State Services (DSS), the Nigeria Police Force (NPF) and the Economic and Financial Crimes Commission (EFCC) to investigate all officials within public institutions who may have aided the alleged scheme.
According to Ajayi, much of the public debate has ignored the fact that government institutions detected the alleged fraud and acted on it.
He said officials of the Nigerian Investment Promotion Commission, working with officers of the Ministry of Foreign Affairs, first discovered inconsistencies in Adeyemi’s operations and reported the matter to the appropriate authorities.
“Contrary to the anything-goes narrative being promoted, it was the system itself that raised the red flag and dealt with it administratively,” Ajayi said.
He, however, acknowledged that the suspect could not have operated for long without help from insiders.
“What is not in doubt is that internal collaborators enabled Adeyemi to get this far. That is precisely what investigators from the DSS, the Police and the EFCC must now unravel.
“The criminal network within the affected institutions must be dismantled and everyone found to have played a role should be arrested and prosecuted,” he said.
The Presidency had earlier disowned the disowned the two organisations, insisting that they did not exist as government agencies.
It also maintained that the Chief of Staff to the President, Femi Gbajabiamila, neither authorised Adeyemi’s activities nor had any connection with them.
“In Nigeria, the easiest and most believable allegation anyone can throw at a public officer is corruption.
“Once that accusation is thrown into the mix, the water is polluted, the lines are blurred and everyone is kept busy arguing over distractions rather than the real issues,” he wrote.
He described Adeyemi as “an irredeemable con artist” who was using allegations against the Chief of Staff as “his last straw” to avoid criminal liability.
The Presidency insisted that the case should not be framed as evidence of complicity at the highest levels of government, but as an alleged fraud uncovered by the system itself.
News
TCN announces planned outage at Abuja transmission substation
Transmission Company of Nigeria, TCN, Abuja Region has announced a planned preventive maintenance at the Katampe 132/33 KiloVolt (kV) Transmission Substation on Saturday from 9:00am to 4:00pm.
General Manager, Public Affairs of the TCN, Mrs Ndidi Mbah, made this announcement in a statement in Abuja on Saturday.
Mbah said the scheduled maintenance is to enable TCN’s maintenance crew carry out preventive maintenance on the 100 Mega Volt Ampere (MVA) 132/33kV Power Transformer (TR1), its auxiliaries, and associated switchgear in the substation.
”Consequently, Abuja Electricity Distribution Company, AEDC, will be unable to off-take bulk power for distribution to customers in parts of Mpape, Maitama, Jahi, Life Camp,
”Others are Kado Fish Market, Idu-Karmo, and their environs during the maintenance period,” she said.
According to her, the company regrets any inconvenience the planned outage may cause electricity customers in the affected areas.
She added that equipment maintenance is essential to ensure their continued optimal performance.
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