Crypto Tycoon Inmate@Naija And $$$ Is A Dangerous Combination

A Kenyan executive, who leads the operations of a popular cryptocurrency firm in Africa has reportedly escaped detention in Nigeria where he was being held on tax evasion charges.

News of the escape was first reported by a Nigerian publication Premium Times on Monday, March 25. The reports indicated that the suspect escaped from a guest house where he was being detained with others.

nitial reports indicated that he had been given permission to attend Ramadhan prayers in a nearby mosque but used the window to flee.

The tycoon holds dual citizenship in Kenya and the United Kingdom.

It is suspected that the crypto boss flew out of the country using his Kenyan passport as Nigerian authorities had already confiscated his passport.

Nigerian authorities have maintained that the crypto boss did not have the Kenyan passport at the time of arrest.

While it is believed that the tycoon used a Middle Eastern airline to escape Nigeria, his destination largely remains unknown.

The suspect was arrested on February 26 and was being investigated for allegedly overseeing the movement of Ksh3.6 trillion (USD26 billion) of suspicious funds.

At the time, he was the African regional executive of the cryptocurrency company.

Granting prayers of the Economic and Financial Crimes Commission (EFCC), a Nigerian court on February 28, allowed the tycoon to be detained for 14 more days as investigations continue.

It is now being reported that after the court allowed more days for investigations, the Kenyan national was given a comfortable guest house.

In there, he had unfettered access to a mobile phone and it is believed that is how he planned his escape.

Nobody is surprised.Nigeria is a shithole country.
Most likely he bribed the cops with lots of money.It made sense to take the money and escort him to the mosque before taking him to the airport to catch his flight

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Ok

that’s like saying patni is a kenyan

Binance Executive Who Escaped Nigeria’s Custody Traced to Kenya…Will Kenya Extradite?

The Nigerian Government has officially confirmed that Nadeem Anjarwalla, a Binance Executive who fled custody in the country, has been traced to Kenya.

A joint operation involving the Economic and Financial Crimes Commission, the International Criminal Police, the Nigeria Police Force, and the Kenyan Police Service was undertaken to locate Anjarwalla.

The executive had been detained in Nigeria on suspicion of involvement in the alleged embezzlement of Ksh4.6 billion ($35,400,000).

With the confirmation of his whereabouts in Kenya, the collaborating teams are currently working together to expedite his extradition back to Nigeria to answer the charges levelled against him.


Binance executive, Nadeem Anjarwalla

“We know where he is. He is in Kenya, and we’re working with the authorities to bring him back to Nigeria”, a source told a Nigerian news outlet.

According to the Economic and Financial Crimes Commission(EFCC) chairman Ola Olukuyede, the Binance boss will answer five counts.

The charges include tax evasion and currency speculation. He is further accused of laundering money against Binance Holdings Limited’s executives.

The Nigerian government has in recent past launched a crackdown on Binance dealing, for claims that it plays a role in manipulating the country’s Foreign exchange market.

The executive escaped custody in Nigeria on March 22, where he had been detained. The Office of the National Security Adviser (NSA) confirmed the incident, assuring that relevant authorities were working together to trace him.

The British-Nigerian citizen who works as Binance Africa Regional Manager escaped while under a 14-day remand.

He was scheduled to appear before the court to answer charges related to finance operations in Nigeria on April 4, 2024.

Binance previously pleaded guilty to money laundering charges by the US government and agreed to pay Ksh559 billion($4.3 billion) to settle the criminal charges.

Once apprehended, the executive will be transferred back to Nigeria.