On Wednesday, the Federal Government withdrew money laundering charges against Tigran Gambaryan, a top executive at Binance Holdings Limited. Gambaryan, along with Binance’s U.S. head of financial crime compliance, and Nadeem Anjarwalla, the exchange’s British-Kenyan regional manager for Africa, faced allegations involving $35 million, brought by the Economic and Financial Crimes Commission (EFCC).
While Gambaryan was arraigned in April and remanded to Kuje Correctional Facility, Anjarwalla fled lawful custody on March 22, 2024. The charges against Gambaryan have now been dropped, though the details surrounding the case and Anjarwalla's whereabouts remain unresolved.
