Kenyan police recapture Binance chief who fled Nigeria

Nadeem Anjarwalla, an executive of the cryptocurrency platform Binance, who escaped Nigeria a few weeks ago, has been taken into custody by Kenyan police.

Following the Federal government’s crackdown on the cryptocurrency platform in an effort to support the naira, Anjarwalla had escaped from custody in Nigeria.

Anjarwalla was later located by the government in the country of East Africa, but according to several sources, the CEO of Binance was now being held by Kenyan police.

The allegations claimed that official sources in Kenya attested to the fact that the CEO of Binance is currently in the custody of Kenyan police.

Since Anjarwalla’s departure from Nigeria, negotiations to extradite him have taken place between the Economic and Financial Crimes Commission (EFCC), the International Criminal Police, the Nigeria Police Force (NPF), and the Kenyan Police Service.

In March, EFCC confirmed plans to extradite the Binance chief in the agency’s bulletin for the month.

The anti-graft agency’s chief, Ola Olukoyede, had 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 $35,400,000 and are at the foundation of the Commission’s five counts 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.”