Nigeria drops tax charges against Binance executives

Binance News

Nigeria drops tax charges against Binance executives
EFCCFIRS
  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 31 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 94%

Nigeria on Friday dropped the tax charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla who escaped from detention.

Nigeria's Federal Inland Revenue Service on Friday dropped the tax charges against Tigran Gambaryan, Binance ’s head of financial crime compliance and his colleague Nadeem Anjarwalla who escaped from detention. FIRS spokesman Dare Adekanmbi made the disclosure on Friday.

The Nigerian government accused Binance of non-payment of Value-Added Tax , Company Income Tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform. The charges detailed specific instances where Binance purportedly violated tax laws, such as failing to issue invoices for VAT purposes, thus obstructing the determination and payment of taxes by subscribers.

A former Minister of Education, Dr Oby Ezekwesili, has called for the decentralisation of power from the Federal to the Local Government Areas for speedy development of the country.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

GuardianNigeria /  🏆 1. in NG

EFCC FIRS

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Court refuses to grant Binance executive, Tigran Gambaryan, bailCourt refuses to grant Binance executive, Tigran Gambaryan, bailThe Federal High Court in Abuja has declined to grant bail to an executive of Binance Holdings Limited, Tigran Gambaryan, on the ground of
Read more »

Binance: Tigran’s wife, Yuki Gambaryan confirms US congressmen letterBinance: Tigran’s wife, Yuki Gambaryan confirms US congressmen letterA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Read more »

Report: US lawmakers ask Biden to intervene in Binance executive's trial in NigeriaReport: US lawmakers ask Biden to intervene in Binance executive's trial in NigeriaLawmakers in the United States have accused the Nigeria government of taking Tigran Gambaryanl, Binance executive, “hostage”
Read more »

Alleged money laundering: Court rejects Binance executive’s bail pleaAlleged money laundering: Court rejects Binance executive’s bail pleaA Federal High Court, Abuja, on Friday dismissed a bail application filed by the detained Binance executive, Tigran Gambaryan.
Read more »

Security expert criticises Binance executive’s detention in NigeriaSecurity expert criticises Binance executive’s detention in NigeriaFormer United States Department of Justice’s (DOJ) National Security expert, Andrew Adams, has expressed displeasure over the way the America
Read more »

US Lawmakers write Biden, Seek Release of Binance Executive Held in NigeriaUS Lawmakers write Biden, Seek Release of Binance Executive Held in NigeriaA Trusted Nigerian Newspaper
Read more »



Render Time: 2025-04-07 08:35:01