Headlines
FIRS Drops Tax Charges Against Binance Executive
The Federal Inland Revenue Service, on Friday, says it is dropping the tax charges against Tigran Gambaryan, Binance’s head of financial crime compliance.
Confirming the development, Dare Adekanmbi, the agency’s spokesperson, said the federal government “is dropping charges against the two individuals sued along with the cryptocurrency firm, Binance.
“Please note that the charges are being dropped against the second and the third defendants in the matter,” he added.
Speaking in a statement on Friday, Binance said the development illustrates that Gambaryan is not a decision-maker at the cryptocurrency firm.
“We are relieved that the Federal Inland Revenue Service (FIRS) has served and filed amended charges today, resulting in tax charges against Tigran Gambaryan being dropped,” the statement reads.
“Further illustrating that Tigran is not a decision-maker at Binance and does not need to be held in order for Binance to resolve issues with the Nigerian government.
“We await the court’s ruling on this, discharging Tigran from this matter completely.”
Binance also commended the FIRS for their diligence and professionalism throughout this process.
The company said the situation unequivocally demonstrates its commitment to resolving the issue with the government transparently and cooperatively.
Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa; were detained by the Nigerian authorities on February 28.
Although Anjarwalla escaped from the custody of the office of the national security adviser (ONSA), both executives, alongside Binance, were charged by the federal government for tax evasion and money laundering.
On March 25, FIRS filed a criminal charge against Binance for “tax evasion”.
According to the service, the move was to uphold fiscal responsibility and safeguard the economic integrity of the country.
The lawsuit, designated as suit number FHC/ABJ/CR/115/2024, was said to “implicate Binance with a four-count tax evasion accusation”.
On May 17, the FIRS filed an amended four-count charge against Binance Holdings Limited and its executive, Gambaryan, on alleged tax evasion.
The matter drew the attention of lawmakers in the United States who accused the Nigerian government of taking Gambaryan, “hostage”.
Headlines
LFF Denies Foul Play Against Super Eagles, Blames Logistic Challenges for Delay
The Libyan Football Federation (LFF) has addressed the circumstances behind the extended delay at Al Abraq International Airport, where the Super Eagles of Nigeria were held hostage for over 15 hours, and attributed the situation to routine air traffic and logistical challenges rather than deliberate foul play.
In a statement on Monday via X, the LFF sought to clarify the events, emphasising that the diversion of the Nigerian team’s flight was not intended as a hostile act.
“We firmly reject any claims that suggest foul play or sabotage in this situation,” the LFF said.
Meanwhile, in the most recent development, Super Eagles players and officials have been reportedly set to depart from Libya.
This was disclosed by a sports enthusiast, identified as Pooja Media, via his X handle on Monday, according to The Punch report.
He wrote, “Super Eagles players and all officials are boarding to fly out of Libya to Nigeria. Thank God.”
Confirming this, a player, Bruno Onyemaechi, wrote, “Me and Libya, I don wash my hands commot. Nothing concerns me and una again. Thank God I’m going back.”
The team, held at an abandoned airport for over 15 hours, has resolved not to play the match, citing safety concerns.
Nigeria Football Federation director of communications, Ademola Olajire, confirmed that the team would fly back home.
“Players have resolved not to play the match any longer as NFF officials are making plans to fly the team back home,” Olajire stated.
Headlines
Hezbollah Fires Drones at IDF, Kills Four Soldiers, Injures Many
Four Israeli soldiers have been killed and more than 60 people injured in a Hezbollah drone attack on an army base in central-northern Israel, according to first responders and the Israeli military.
The incident late Sunday local time is one of the bloodiest attacks on Israel since the beginning of the war last October.
The Israel Defense Forces (IDF) said an unmanned aerial vehicle, or UAV, launched by Hezbollah hit an army base adjacent to Binyamina, a town north of Tel Aviv that lies some 40 miles from the Lebanese border.
The four killed soldiers were all 19 years old and in infantry training at the base, the IDF said, adding that eight other soldiers were severely injured.
According to Israel’s Magen David Adom emergency service, a total of 61 people were wounded in the attack, with dozens still hospitalized.
The news comes after Hezbollah said Sunday it had fired a swarm of attack drones on an Israeli infantry training camp in Binyamina.
The Lebanon-based militant group said the attack was in response to deadly Israeli strikes in Lebanon Thursday.
Hezbollah said it had targeted the Golani Brigade, an infantry unit of the Israel Defense Forces (IDF) that has been deployed in southern Lebanon. The claim of responsibility for the attack came shortly after the militant group released an audio message from its slain leader Hassan Nasrallah calling on its members to “defend your people, your family, your nation, your values and your dignity.”
Earlier on Sunday, the IDF said it had intercepted a Lebanon-launched UAV without specifying where. It was not immediately clear whether this was the same incident that led to the injuries.
Israeli air defence systems tend to be very reliable, but on Sunday, there were no reports of alerts in the Binyamina area at the time of the attack, raising questions of how the drone was able to penetrate so deep into the Israeli territory without being spotted.
Hezbollah said it had fired dozens of rockets toward the northern Israeli towns of Nahariya and Acre to engage Israel’s air defense systems, while simultaneously launching the drone swarm.
“These drones broke through the Israel defense radars without detection and reached its target at the training camp of the elite Golani Brigade in Binyamina,” Hezbollah said.
The IDF’s top spokesperson Rear Adm. Daniel Hagari said the military would investigate how the drone got through without raising an alarm at the base.
“We will learn from and investigate the incident,” he said in a video statement from the base. “The threat of UAVs is a threat we are dealing with since the beginning of the war. We need an improvement to our defense,” he added.
Source: CNN
Headlines
Fubara Suffers Setback As Appeal Court Recognises Amaehwule-led Assembly
The Court of Appeal has upheld the judgment of the Federal High Court, affirming Martins Amaehwule as the rightful Speaker of the Rivers State House of Assembly.
Recall that the Governor of Rivers State, Siminalayi Fubara, had challenged the judgement of Justice James Omotosho of the Federal High Court Abuja, which affirmed Amaehwule’s leadership.
This ruling is a victory for the camp of former Rivers State Governor Nyesom Wike, who has been at odds with Governor Fubara.
Governor Fubara has also been ordered to re-present the 2024 budget to the Amaehwule-led House of Assembly.