Global cryptocurrency platform Binance has commended the Federal Inland Revenue Service (FIRS) for dropping its charges against two of its executives, Tigran Gambaryan and Nadeem Anjarwalla.
News About Nigeria had reported that a Federal High Court in Abuja on Friday cleared both Gambaryan and fleeing Anjarwalla of the tax evasion charges slammed against them by FIRS.
The court’s decision follows amended charges submitted by FIRS after Binance appointed Ayodele Omotilewa as its Nigerian representative.
Reacting to the court’s decision, Binance expressed relief that the charges against Gambaryan and Anjarwalla have been dropped because they are not decision-makers at the company.
The company further tasked the Economic and Financial Crimes Commission (EFCC) with following the ways of FIRS so that the detained Gambaryan, who is currently sick, can be released and subsequently reunited with his family.
The statement by Binance reads, “We are relieved that the Federal Inland Revenue Service (FIRS) has served and filed amended charges today, resulting in tax charges against Tigran Gambaryan being dropped. This further illustrates that Tigran is not a decision-maker at Binance and does not need to be held in order for Binance to resolve issues with the Nigerian government. We await the court’s ruling on this, discharging Tigran from this matter completely.
“We commend the FIRS for their diligence and professionalism throughout this process. This situation unequivocally demonstrates Binance’s commitment to resolving this issue with the government transparently and cooperatively. In order for Tigran to be allowed to go home to his family, we are hopeful that the Economic and Financial Crimes Commission (EFCC) will take similar steps. Tigran has been detained for 110 days, and his physical health is deteriorating, including a recent malaria and pneumonia diagnosis. Binance is committed to continuing to work with the Nigerian government to resolve this.”
