Tax Charges Against Binance Executives Dropped in Nigeria
Crypto

Tax Charges Against Binance Executives Dropped in Nigeria

A family representative claimed in an email on Friday that the tax charges that the Federal Inland Revenue Service (FIRS) of Nigeria had filed against Binance executives Tigran Gambaryan and Nadeem Anjarwalla had been dismissed.

Through its local representative, the FIRS decided to modify the fees such that they only benefit Binance. Binance is currently the only defendant in the FIRS case, and Gambaryan will no longer be required to appear in court.

Gambaryan and Nadeem Anjarwalla are still involved in the case, and a money laundering trial is still planned. “Where the application for an order for the enforcement of fundamental rights will be heard,” the statement stated, the next hearing in this case is set for June 19. On June 20th, the trial is scheduled to resume. Gambaryan remains in custody in the Kuje jail.