In a significant development, the Nigerian government, under the leadership of the Tinubu-led administration, has located Nadeem Anjarwalla, a key executive at Binance, in Kenya. Anjarwalla, who fled Nigeria following allegations of involvement in a $35.4 million money laundering scheme, has been traced to Kenya, prompting intensified efforts towards his extradition.
The collaborative efforts between Nigerian authorities and the Kenyan Police Service mark a crucial step forward in the pursuit of justice in the high-profile case. The involvement of multiple law enforcement agencies, including the Economic and Financial Crimes Commission (EFCC), Interpol, and the Nigeria Police Force, underscores the gravity of the charges against Anjarwalla.
According to sources within the Presidency, who spoke on condition of anonymity to Saturday Punch, Anjarwalla's evasion of Nigerian authorities came to an end with recent breakthroughs in the investigation, leading to his identification and location in Kenya.
Efforts to secure Anjarwalla's extradition are now in full swing, with the Nigerian government coordinating closely with international partners to ensure his return to Nigeria to face the charges against him. The EFCC, which has taken over the case, has been working in collaboration with the International Criminal Police Organisation (Interpol), the United States Federal Bureau of Investigation (FBI), and other foreign governments involved in the extradition process.
Meanwhile, the EFCC Chairman, Ola Olukoyede, confirmed in the agency's bulletin that the prosecution of Binance executives, including Anjarwalla, is a significant step towards combating distortions in the country's forex market. Anjarwalla's extradition, coupled with the ongoing prosecution of his co-defendants, underscores the government's determination to hold individuals and entities accountable for financial crimes.
Anjarwalla faces multiple charges, including conducting financial activities without proper licenses, engaging in unlawful foreign exchange transactions, and concealing the origin of proceeds from illegal activities. The court documents obtained by Saturday Punch detail the charges against Anjarwalla and his co-defendants, Binance Holdings Limited and Tigran Gambaryan.
As the extradition process unfolds, Nigerian authorities remain committed to ensuring Anjarwalla's swift return to Nigeria to stand trial. The collaboration between law enforcement agencies both domestically and internationally reflects the government's unwavering resolve to combat financial crimes and uphold the rule of law.
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