The Binance executives were granted several privileges while under detention, including using cell phones, which the executives believe were exploited by the Binance executives to escape detention.
Nigerian authorities are investigating how the detained executives fled despite not holding any travel documents. Meanwhile, the government launches criminal proceedings against the exchange for tax evasion.
A Binance executive detained in the tax evasion case by the Nigerian authorities has reportedly escaped detention using a fake passport,The news comes as reports claim the Nigerian government has launched criminal proceedings against the exchange for tax evasion. According to local mediaThe Binance executive, Nadeem Anjarwalla, and his colleagues were detained in an Abuja guest house.
According to an Immigration official, the Binance executive fled Nigeria on a Kenyan passport; however, authorities were trying to determine how Anjarwalla came by the passport as he had no other travel document while in custody. Anjarwalla, the regional manager for Binance in Africa, and Tigran Gambaryan, a U.S. citizen in charge of financial crime compliance at Binance,The court allowed the Economic and Financial Crimes Commission to remand the two individuals for 14 days. It further mandated thatHowever, after Binance refused to comply with the court decision, the court extended the remand of the officials for an additional 14 days to prevent them from tampering with evidence.
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