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Tax Evasion Case Against Binance Executive Adjourned by Nigerian Court Until April 19

A Nigerian court in Abuja, the capital city, has delayed the tax evasion case against Tigran Gambaryan, a Binance executive held since February, until April 19.

Gambaryan, who appeared in court for the first time on Thursday, faces charges of tax evasion by Nigerian authorities, along with Nadeem Anjarwalla, Binance’s regional manager for Africa based in Kenya, who left the country on March 22.

The executives were arrested upon arriving in Nigeria to address the government’s blocking of Binance’s website, suspected of manipulating currency prices in unofficial markets. 

The Nigerian government also brought charges against Binance, including nonpayment of taxes, failure to file returns, and aiding website users in tax evasion. Binance is also accused of not registering with the tax agency.

Justice Emeka Nwite, overseeing the case, also postponed the lawsuit against Binance until April 8 for a hearing.

In a separate action, the executives filed a human rights violation case last week, seeking release, passport return, and a public apology from Nigeria’s National Security Adviser and the Economic and Financial Crimes Commission.

Gambaryan has been in detention for five weeks. Binance urged Nigerian authorities to release him, stating he lacks decision-making authority and shouldn’t be held responsible during ongoing discussions between Binance and the Nigerian government.

The Nigerian government has issued an international arrest warrant for Anjarwalla.

Hi, I’m Damife Isaac

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