Nigeria’s Federal Inland Revenue Service (FIRS) has reportedly dropped tax charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla. According to information released by a family spokesperson in an email statement, the FIRS decided to review the allegations. In this way, he ended up directing them exclusively to the cryptocurrency exchange through his local representative.
Tigran Gambaryan, who is currently ill, will no longer need to appear in court for the FIRS related case. Binance therefore becomes the sole defendant in this tax matter.
Despite this, Gambaryan and Anjarwalla still face a money laundering charge. Binance has been trying to convince Nigerian authorities that Gambaryan has no decision-making powers within the company. Therefore, you should not have to defend yourself against this in court. Furthermore, the company asked for the executive’s release.
Binance executives detained in Nigeria
Nigerian authorities detained the two Binance executives in February as they began investigating the cryptocurrency exchange. However, Anjarwalla managed to escape shortly after his arrest.
Nigeria later took the executives and Binance to court on charges of money laundering and tax evasion.
“This demonstrates that both Tigran and Nadeem are not decision makers at Binance and should never have been detained and charged,” the statement said. Gambaryan is the head of financial crimes compliance at Binance. Meanwhile, Anjarwalla was director of the company’s African operations.
The next hearing in the money laundering case is expected to take place on June 19. At that time, the court will hear the application for a fundamental rights enforcement order. The trial is expected to continue on June 20. Currently, Gambaryan remains detained in Kuje Prison.
Gambaryan Health Conditions
On May 23, Tigran Gambaryan collapsed in court due to malaria, as reported by the family spokesperson. Since then, his health condition has worsened, progressing to pneumonia. Despite a court order from Justice Emeka Nwite to take Gambaryan to hospital, it took prison authorities 11 days to conduct a brief check-up. Furthermore, the family has not yet had access to the results.
Yuki Gambaryan, Tigran’s wife, called for stronger intervention from the US government seeking the immediate release of her husband, who is an American citizen. “This has been going on for a long time and Tigran’s life is at risk,” Yuki said in the statement.
Source: https://www.criptofacil.com/nigeria-teria-retirado-acusacoes-fiscais-contra-executivos-da-binance/
