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Market News

Binance Regional Manager Escapes Custody in Nigeria

Written By:
Brian Mutembei

Last updated: March 26, 2024 12:58 PM
Published 2024-03-26
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Binance Regional Manager Escapes Custody in Nigeria

The Office of the National Security Adviser (ONSA) confirmed Nadeem Anjarwalla’s escape from lawful custody on Friday, 22 March. 

Anjarwalla, a suspect in the criminal probe into Binance’s activities in Nigeria, fled from an Abuja guest house where he was detained. Guards on duty reportedly escorted him to a nearby mosque for Ramadan prayers, facilitating his escape.

Mr. Zakari Mijinyawa, Head of Strategic Communication at ONSA, stated that immediate steps were taken to collaborate with relevant security agencies and Interpol to address Anjarwalla’s apprehension. 

Preliminary investigations reveal he fled Nigeria using a smuggled passport. Consequently, the personnel responsible for his custody have been arrested, and a thorough inquiry is underway.

British and Kenyan national Anjarwalla, who was Africa regional manager of Binance, was under a 14-day remand order of the Nigerian court before his escape. Binance management emphasized their commitment to staff safety upon learning about the absence of one of their members due to imprisonment. They assured Nigerian investigative agencies of their support.

Also Read: Philippines SEC Plans to Ban Binance Over Regulatory Concern

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Brian Mutembei Formar Crypto Journalist at The Crypto Times
By Brian Mutembei
Brian is a content writer& Blockchain enthusiast. Writes extensively on blockchain, cryptocurrency, and tokens to spread knowledge and awareness.

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