Photo by Google: Nadeem Anjarwalla
By Brian Ngugi
22/04/2024
Front-page News
Naira – Nigerian authorities say they have located Nadeem Arjarwalla, a wanted senior executive with a global cryptocurrency platform, in Kenya.
Arjarwalla reportedly escaped from Nigerian custody after facing tax evasion charges against his company, Binance, a cryptocurrency exchange.Nigerian officials are now said to be working with Kenyan authorities to extradite Arjarwalla to Nigeria.
The Binance executive, a British-Kenyan, was earlier detained in connection with an ongoing criminal investigation into Binance’s activities in Nigeria, according to a Reuters News Agency report.
Nigerian media reports quoting the Nigerian government claim that Arjarwalla went into hiding in Kenya after escaping custody.
The Standard had not yet received confirmation from Kenyan authorities or Binance regarding Arjarwalla’s presence in Kenya or their cooperation in the extradition process by press time.
Nadeem Arjarwalla, a British-Kenyan, was earlier detained in connection with an ongoing criminal investigation into Binance’s activities in Nigeria.
Additional reporting by Brian Ngugu,The Standard
