Nigerian authorities request an extension in detention for the two Binance executives Tigran Gambaryan and Nadeem Anjarwalla arrested on February 26th. The two are to remain under Nigerian custody until March 20 which is the set day for a court hearing.
Apart from being financially held liable, the financial crime compliance head Tigran Gambaryan and the region manager for Africa Nadeem Anjarwalla were detained as they landed in Nigeria.
The court application was filed by the Economic and Financial Crimes Commission (EFCC), seeking to be given an extension of the time, within which it would continue its investigations concerning the executives’ involvement in the manipulation of foreign exchange and fraudulent speculative activities, which had already been granted an extension.
The court imposed a two-week detention order which expired during the early morning of Tuesday, 12th of March.
One spokesperson from Binance recently communicated to one crypto site saying that they are working on bringing back they colleagues from detention. This were his words:
“working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families.” The exchange tweeted Wednesday it was still working to bring “colleagues home.”
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