Escaped Binance Executive Recaptured In Kenya, To be Extradited to Nigeria Soon

In Nairobi, Kenya, the police made a big arrest on Sunday night, April 21. They caught Nadeem Anjarwalla, a top executive from Binance, a cryptocurrency company. This news was reported by The Punch on Monday, April 22, with sources from the government confirming the arrest. Anjarwalla is facing charges in Nigeria for not paying taxes.

Escaped Binance Executive Recaptured In Kenya, To be Extradited to Nigeria Soon

Anjarwalla is one of two Binance executives accused of dodging taxes and other illegal activities in Nigeria. The Nigerian authorities said he ran away on Friday, March 22, but now they have caught him. He will have to go to court in Nigeria to face these charges. The Nigerian government has been looking into illegal money movements and financing of terrorism through Binance. This investigation led to actions against the company.

After his arrest, the Kenyan police are getting ready to send Anjarwalla back to Nigeria. They plan to do this with the help of Interpol, an international police organization, and the Economic and Financial Crimes Commission (EFCC) of Nigeria.

Before this arrest, Nigerian cryptocurrency traders were busy on Binance, trading about N1.9 billion worth of cryptocurrency in just 24 hours. The Nigerian government had been trying to control cryptocurrency trading, and this led to warnings from Binance to its Nigerian users.

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A former politician, Senator Shehu Sani, commented on Anjarwalla’s arrest, saying that if you saw him in a suit, you wouldn’t believe he could jump out of a window and run away. He shared this on his verified social media account.

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