Nigeria Drops Money Laundering Charges Against Binance Executive Amid Diplomatic Pressure
The Nigerian government has officially withdrawn all money laundering charges against Binance executive Tigran Gambaryan, who had been held in detention since April.
What Happened: The decision was revealed by a lawyer representing the Economic and Financial Crimes Commission (EFCC) during a Federal High Court hearing in Abuja on Wednesday, Bloomberg reported.
Gambaryan, detained in February alongside his colleague Nadeem Anjarwalla during a visit to Nigeria, remained in custody at Kuje Correctional Center even after Anjarwalla escaped.
The charges against both executives included allegations of money laundering and tax evasion.
However, they were cleared of the tax evasion charges in June, leaving the money laundering accusations to be addressed until this week’s resolution.
The case drew significant diplomatic …
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