Kenyan Police reportedly has apprehended Nadeem Anjarwalla, Binance Executive Who Fled Nigeria Amid Cryptocurrency Crackdown
According to recent reports, Nadeem Anjarwalla, a senior figure at the cryptocurrency exchange Binance, has been detained by Kenyan law enforcement.
Anjarwalla had managed to evade capture in Nigeria after authorities cracked down on Binance as part of efforts to bolster the nation’s currency, the naira.
Anjarwalla’s escape from custody in Nigeria weeks ago had attracted attention, but his apprehension in Kenya marks a significant development in the ongoing saga surrounding Binance’s operations in Africa.
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Following his evasion from Nigerian authorities, Nadeem Anjarwalla’s whereabouts were eventually traced to the East African nation.
Various reports now indicate that the executive from Binance is currently under the custody of Kenyan law enforcement. Government sources within Kenya have reportedly verified Anjarwalla’s detainment by the country’s police.
In the aftermath of his escape from Nigeria, a collaborative effort involving multiple law enforcement agencies has been underway to address Anjarwalla’s situation.
This effort has seen the involvement of the Economic and Financial Crimes Commission (EFCC), the International Criminal Police, the Nigeria Police Force (NPF), and the Kenyan Police Service. Discussions and negotiations have been ongoing with the aim of potentially extraditing Anjarwalla back to Nigeria to face legal proceedings.
Meanwhile, in the March edition of its bulletin titled “EFCC Alert,” the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, affirmed the commission’s collaborative efforts.
These efforts involve coordination with various international bodies, including the International Criminal Police Organisation (Interpol), the United States’ Federal Bureau of Investigation (FBI), as well as the governments of the United Kingdom, Northern Ireland, and Kenya.
Their collective aim is to facilitate the extradition of Nadeem Anjarwalla, highlighting the extensive multinational cooperation underway to address the situation.
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He stated:
“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.”