Nigerian govt gets date to arraign Binance, two others for tax evasion

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NAN reports that while Mr Anjarwalla is Binance’s Africa regional manager, Mr Gambaryan is a US citizen overseeing financial crime compliance at the crypto exchange platform. NAN reports that though the FHC’s Easter vacation, which began on 22 March, will come to an end on 8 April, the Chief Judge of FHC, John Tsoho, directed the transfer of the Binance case file to Justice Nwite.

Count one alleged that while involved in carrying and offering services to subscribers on their platform, known as Binance, they failed to register with the FIRS, for the purpose of paying all relevant taxes administered by the service. The offences are said to be punishable under Sections 8 and 29 of the VAT Act of 1993 , Section 40 of the FIRS Establishment Act, 2007 and under provisions of Section 94 of the Companies Income Tax Act respectively.

She also said the statement of Stephen Hoke, the statement of Saudi Abdulsalam, the statement of Saliu Olarewanju and a letter signed by Siemon Kato requesting information from Taxpro Max all dated 19 March would be tendered.

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