Connect with us

News

BREAKING: Detained Binance CEO Escapes from Custody in Nigeria After Visiting Mosque for Ramadan

Published

on

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.

Advertisement

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.

Advertisement

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.

Advertisement

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.

Continue Reading
Advertisement

News

LASG shuts down Idera market over ‘environmental pollution

Published

on

By Kayode Sanni-Arewa

The Lagos State Environmental Sanitation Corps (LAGESC) says it has sealed off the Idera market in the Oshodi metropolis.

In a statement on Thursday, Ajayi Lukman, LAGESC spokesperson, said the agency sealed the market due to unhygienic practices and indiscriminate dumping of refuse, which contravened the environmental law of the state.

He said the measure was taken to enforce adherence to environmental cleanliness across registered markets in the state.

Advertisement

‘‘Our operatives stationed across the Oshodi division during routine market monitoring identified the filth, unhygienic practices, and indiscriminate dumping of refuse around the Idera Market area, which prompted us to seal off the market until further notice,” the statement reads.

Lukman quoted Olaniyi Cole, the corps marshal of the agency, as decrying the level of hygiene at the market, which could lead to an outbreak of diseases.

He said Cole frowned at the inability of the market leadership to provide a valid waste collection contract, which resulted in the heaps of refuse in the facility.

He added that the display of wares for sale on road setbacks, lay-bys, medians, verges, kerbs, street trading, and hawking remained banned in the metropolis.

Advertisement

The LAGESC corps marshal reiterated the ban on the sales, distribution, and usage of styrofoam in the state, noting that anyone found culpable would be punished decisively.

Continue Reading

News

Hours to Edo guber polls, major opposition candidate crumbles structure for Ighodalo

Published

on

By Kayode Sanni-Arewa

Hours to the Edo State governorship election, the guber candidate of the All Peoples Party (APP)Amb Osalumese Areloegbe on Thursday morning collapsed the structure for the governorship candidate of the Peoples Democratic Party (PDP), Dr. Asue Ighodalo and his running mate, Osarodion Ogie Esq.

Addressing journalists at the party secretariat in Benin City, Areloegbe said his decision to collapse the structure for the PDP candidate was because he believed that Ighodalo had all it would take to govern the state to greater heights.

According to him, I urged all my followers and supporters to disregard any information that I have aligned with the All Progressives Congress (APC) governorship candidate, Senator Monday Okpebholo.

Advertisement

“I am supporting Asue Ighodalo because he is competent, not that I am not competent but I believe Asue is on the forefront. That is my reason for supporting his candidacy.

“My party is aware because they have been having a series of negotiations for us to align with the APC, and I told them categorically that I am supporting PDP. My eighteen local government followers are in full support of my decision, I mean 100 per cent supporting the PDP candidate, Barr. Asue Ighodalo and his running mate, Barr. Osarodion Ogie in this election.

“My choice for Asue Ighodalo is because, apart from myself, I see him as the next better candidate that I can support and I can put my weight on because he has the capacity, mentally, physically and otherwise to pilot the affairs of Edo State to greater heights.

“The national secretariat of my party, APP – they are in Abuja and I am in the state, and know much more of what is happening in Edo State. They are not here and don’t know what is going on here in Edo. And I am in a position to tell them what will be better for the Edo people.

Advertisement

“There is a parable that says, ‘You cannot shave a man’s head when he is not present’. I am here in Edo State and I know who to support and why I am supporting him. The national leadership might have taken a different tone, but this is what I and my followers have chosen.

“We had a series of other politicians who had made such decisions before. That is why I agreed with the support of my supporters to collapse my structure for the governorship candidate of the PDP Barr. Asue Ighodalo and his running mate, Barr. Osarodion Ogie.”

Continue Reading

News

SAD! Woman reportedly d!3s in Osun building c0llapse

Published

on

By Kayode Sanni-Arewa

A resident of Ifetedo in Osun State, simply identified as Idowu, had reportedly died in an incident of collapse building that occurred in the town.

The collapsed structure was said to be a dilapidated building that suddenly caved in and killed the woman.

A resident of Ifetedo, simply identified as Ogunyemi, while speaking to The PUNCH on Thursday, said operatives of the Nigeria Security and Civil Defence Corps, responding to a distress call, were at the scene of the incident.

Advertisement

Some NSCDC operatives rushed to the scene after they were informed of the incident. They were joined by some other people in the community.

Idowu was the only person in the building when the incident happened. She was brought out dead from the rubble.

“The incident caused panic in Omiloode Area, where the building is located. The building that collapsed is a dilapidated structure,” Ogunyemi said.

Osun NSCDC Public Relations Officer, Kehind Adeleke, when contacted confirmed the incident, adding that the scene was immediately cordoned off by security men.

Advertisement

“An abandoned dilapidated building located along Omiloode Street, Ifetedo collapsed and killed one Mrs Idowu, who was said to be around the structure when the incident happened.

“The tragic incident occurred at about 17:30 hours on Tuesday.

“Officers and men of NSCDC Ife South Division, upon getting information rushed to the scene of the incident for rescue operation. But unfortunately, the woman had passed on. She was brought out of the rubble dead. The site was immediately cordoned off,” Adeleke said.

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News