The fleeing Binance executive, Nadeem Anjarwalla, who escaped from custody in Nigeria, weeks ago has been detained by the Kenya Police Service and he is expected to be extradited to Nigeria within the week.
Mr Anjarwall, Regional Manager for Africa at Binance and his colleague Tigran Gambaryan, Head of financial compliance at the firm, were detained on February 26, after meeting with government officials in Abuja.
However, Anjarwalla, who holds British and Kenyan passport managed to flee the country about a month later with the Nigerian authorities tracing him to Kenya. His colleague remains in custody.
The Chairman of the Economic and Financial Commission (EFCC) had earlier confirmed that the Commission was collaborating with the International Criminal Police Organisation, the governments of the United Kingdom and Kenya to extradite Anjarwalla. The EFCC took over the case from the Office of the National Security Adviser.
His employers, Binance is being accused of tax evasion and complicity in aiding customers to do same through its platform.
The Central Bank of Nigeria claims that over $26b worth of transactions passed through Binance with untraceable sources.
