Binance Responds to Executive’s Escape from Nigerian Custody

Cryptocurrency exchange giant Binance has responded to the escape of one of its executives from Nigerian custody. Nadeem Anjarwalla, detained in Nigeria along with a colleague for alleged tax evasion and other offenses, reportedly escaped from custody on Friday. Anjarwalla, a 38-year-old British-Kenyan citizen, fled from the Abuja guest house where he was detained, under the guise of attending Ramadan prayers.

Binance, in an email exchange with Naija News, confirmed that Anjarwalla was no longer in Nigerian custody. The company emphasized its concern for the safety of its employees and stated that it is working closely with Nigerian authorities to resolve the situation.

The escape of Anjarwalla adds a new twist to the ongoing saga involving Binance and Nigerian authorities. The company’s executives were detained following allegations of tax evasion and other offenses. The escape raises questions about the security protocols in place and the handling of the situation by the Nigerian authorities.

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