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Binance Executive Detained in Nigeria Escapes from Custody
One of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, Nadeem Anjarwalla, has escaped from lawful custody, according to PREMIUM TIMES report.
Our sources said Mr Anjarwalla, 38, escaped on Friday, 22 March, from the Abuja guest house where he and his colleague were detained after guards on duty led him to a nearby mosque for prayers in the spirit of the ongoing Ramadan fast.
The Briton, who also has Kenyan citizenship, is believed to have flown out of Abuja using a Middle East airliner.
It remains unclear how Mr Anjarwalla got on an international flight despite his British passport, with which he entered Nigeria, remaining in the custody of the Nigerian authorities.
Authorities are also said to be working to unravel his intended destination in a bid to get him back into custody.
An Immigration official said the Binance executive fled Nigeria on a Kenyan passport. He, however, said authorities were trying to determine how he obtained the passport, given that he had no other travel document (apart from the British passport) on him when he was taken into custody.
Another source said the two officials were held at a “comfortable guest house” and allowed many rights, including the use of telephones, a privilege Mr Anjarwalla is believed to have exploited to plot an escape.
When contacted Sunday night on the escape of the Binance executive from detention, the Head of Strategic Communication at the Office of the National Security Adviser, Zakari Mijinyawa, said he would enquire and revert. He has yet to do so as of the time of filing this report.
Mr Anjarwalla, Binance’s Africa regional manager, and Tigran Gambaryan, a US citizen overseeing financial crime compliance at the crypto exchange platform, were detained upon their arrival in Nigeria on 26 February 2024.
A criminal charge was filed against the two executives before a Magistrate Court in Abuja. On 28 February 2024, the court granted the Economic and Financial Crimes Commission (EFCC) an order to remand the duo for 14 days. The court also ordered Binance to provide the Nigerian government with the data/information of Nigerians trading on its platform.
Following Binance’s refusal to comply with the order, the court extended the remand of the officials for an additional 14 days to prevent them from tampering with evidence. The court then adjourned the case till 4 April 2024.
Also on 22 March, the Nigerian government approached the Federal High Court in Abuja and slammed another four-count charge on Binance Holdings Limited, Mr Anjarwalla and Mr Gambaryan, accusing them of offering services to subscribers on their platform while failing to register with the Federal Inland Revenue Service to pay all relevant taxes administered by the Service and in so doing, committed an offence, contrary to and punishable under Section 8 of the Value Added Tax Act of 1993 (as Amended).
The defendants were also accused of offering taxable services to subscribers on their trading platform while failing to issue invoices to those subscribers to determine and pay their value-added taxes and, in so doing, committed an offence contrary to and punishable under S.29 of the Value Added Tax Act of 1993 (as amended).
Count Three of the charges accused the three defendants of offering services to subscribers on their Binance trading platform for the buying and selling of cryptocurrencies and the remittance and transfer of those assets while failing to deduct the necessary Value Added Taxes arising from their operations and thereby committing an offence contrary to and punishable under Section 40 of the Federal Inland Revenue Service Establishment Act 2007 (as amended).
The last count of the charges wants the defendants punished for allegedly aiding and abetting subscribers on their Binance trading platform to unlawfully refuse to pay taxes or neglect to pay those taxes and, in so doing, committing an offence contrary to and punishable under the provisions of S.94 of the Companies Income Tax Act (as amended).
The Nigerian government had, in the past three months, been cracking down on suspected money launderers and terrorism financiers, some of whom it alleged are using the Binance platform for criminal activities
The Nigerian government said over $21.6 billion was traded by Nigerians whose identities were concealed by Binance.
Source: Premium Times
President Donald Trump vowed on Sunday that the United States would take Greenland “one way or the other,” warning that Russia and China would “take over” if Washington fails to act.
Trump says controlling the mineral-rich Danish territory is crucial for US national security given increased Russian and Chinese military activity in the Arctic.
“If we don’t take Greenland, Russia or China will, and I’m not letting that happen,” Trump told reporters aboard Air Force One, despite neither country laying claim to the vast island.
Trump said he would be open to making a deal with the Danish self-governing territory “but one way or the other, we’re going to have Greenland.”
Denmark and other European allies have voiced shock at Trump’s threats over the island, which plays a strategic role between North America and the Arctic, and where the United States has had a military base since World War II.
A Danish colony until 1953, Greenland gained home rule 26 years later and is contemplating eventually loosening its ties with Denmark.
The vast majority of its population and political parties have said they do not want to be under US control and insist Greenlanders must decide their own future — a viewpoint continuously challenged by Trump.
“Greenland should make the deal, because Greenland does not want to see Russia or China take over,” Trump warned, as he mocked its defenses.
“You know what their defense is, two dog sleds,” he said, while Russia and China have “destroyers and submarines all over the place.”
Denmark’s prime minister warned last week that any US move to take Greenland by force would destroy 80 years of transatlantic security links.
Trump waved off the comment saying: “If it affects NATO, it affects NATO. But you know, (Greenland) need us much more than we need them.”
AFP
Iran has warned the United States against any military action, saying it would retaliate if the U.S. President Donald Trump follows through on threats to intervene as Tehran continues its crackdown on nationwide protests.
Iran’s parliament speaker, Mohammad Bagher Qalibaf, issued the warning during a parliamentary session broadcast live on Iranian State television.
Qalibaf praised the country’s military response to the protests and cautioned that both the U.S. military and Israel are considered “legitimate targets” in the event of an attack on Iran.
Referring to Israel as “the occupied territory,” Qalibaf said Iran would not rule out launching a preemptive strike against either country if it perceives a threat.
“In the event of an attack on Iran, both the occupied territory and all American military centers, bases and ships in the region will be our legitimate targets,” Qalibaf said.
“We do not consider ourselves limited to reacting after the action and will act based on any objective signs of a threat,” he added.
The warning came amid scenes of heightened tension in the chamber, as hardline lawmakers rushed the dais and chanted, “Death to America!”
Iran has been rocked by widespread protests challenging the country’s theocratic system over the past few weeks, prompting a sustained security crackdown by authorities.
Activists estimated that at least 116 people have died in connection with the demonstrations, while about 2,600 others have been detained, according to the U.S.-based Human Right Activists News Agency. Exact figures remain unclear due to internet shutdowns and disrupted phone services across the country.
Trump has warned that the United States is prepared to act if Iranian authorities kill protesters.
“If Iran (shoots) and violently kills peaceful protesters, which is their custom, the United States of America will come to their rescue. We are locked and loaded and ready to go,” Trump said earlier this month.
“Iran is looking at FREEDOM, perhaps like never before. The USA stands ready tohelp!!!” he added on his Truth Social platform.
Meanwhile, The New York Times reported that Trump has been briefed on possible military strike options against Iran but has yet to make a final decision.
