Nadeem Anjarwalla, the Binance executive who fled Nigeria after being detained, has been arrested in Kenya. Nigerian authorities, in collaboration with INTERPOL, are working to extradite him back to Nigeria within the week. Anjarwalla, along with another Binance executive, Tigran Gambaryan, was detained in February in Nigeria on charges of manipulating the local exchange rate, tax evasion, and money laundering.
The Escape and Investigation
Anjarwalla reportedly escaped from custody in Nigeria on March 22, fleeing to Kenya using a concealed Kenyan passport. Efforts are underway to determine his intended destination and bring him back into custody. The escape raised questions about security protocols, as Anjarwalla was allowed certain privileges, including the use of telephones, which he allegedly exploited to plan his escape.
International Cooperation and Legal Proceedings
The extradition process involves cooperation between Nigerian authorities, INTERPOL, and the governments of Kenya, the United States, the United Kingdom, and Northern Ireland. The Economic and Financial Crimes Commission (EFCC) is leading the efforts to prosecute Anjarwalla and Gambaryan, emphasizing their commitment to combating financial crimes and ensuring justice.
