FG Finds Fleeing Binance Executive in Kenya

The federal government has traced Nadeem Anjarwalla, a previously arrested Binance executive, to his hideout in Kenya.

Anjarwalla, who fled custody in March, is now being prepped for extradition back to Nigeria, according to the PUNCH.

Talks are ongoing between the Economic and Financial Crimes Commission (EFCC), International Criminal Police (ICP), the Nigeria Police Force and the Kenyan Police Service to quicken the process.

The newspaper quoted a source in the presidency who said, “We have found him. We know where he is. He is in Kenya, and we’re working with the authorities to bring him back to Nigeria.”

Another source was quoted as saying, “All hands are on deck. The government and all the security agencies are working hard in conjunction with the Kenyan authorities and INTERPOL to ensure his return to Nigeria to face the charges brought against him.”

Earlier in March, Ola Olukayode, the EFCC chairman, announced in the commission’s bulletin that the government was working with Kenya, the US, UK and Northern Ireland to get Anjarwalla to stand trial.

Olukoyede said, “The takeover of the prosecution of Binance chiefs by the commission is no less a strong message in the direction of EFCC’s resolve to hedge in distortions and disruptions in the country’s forex market.

“Tax evasion, currency speculation and money laundering to the tune of $35.4m are at the foundation of the commission’s five-count charges against Binance Holdings Limited, Tigran Gambaryan and Nadeem Anjarwalla, the company’s chief executives.

“While Gambaryan is currently in the commission’s net, the process of extraditing the fleeing Anjarwalla is revving in full swing.

“Involved in partnership with the EFCC to nick Anjarwalla in flight are the International Criminal Police Organisation, the United States’ Federal Bureau of Investigation, the governments of the United Kingdom, Northern Ireland, and Kenya as the clock winds down to his arraignment in absentia alongside the company and Gambaryan.”

Anjarwalla and Gambaryan are accused of $35,400,000 money laundering and other offences.