Government demanding from Binance the lists of its Nigerian users

[Wiwo]

JUST IN: NSA confirms Binance executive’s escape from custody

The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday. It was said that preliminary investigation shows that Mr Anjarwalla fled Nigeria using a smuggled passport. ”

They are looking for a way to arrest him back. I guess federal government can not win this and likely he will make it to United States. Let us see how it goes.

You can read more about it here:
https://punchng.com/detained-binance-executive-escapes-from-custody/
https://punchng.com/nsa-confirms-binance-executives-escape-from-custody/

Or United States will arrest him so that he can be sent back to Nigeria? 

Baba all this things na game plan,  I told you guys that at the end federal government will lose money because of the wrong approach they adopted in the case of the naira vs binance crisis,  most times the government always get it wrong when it comes to naira stabilisation,  and what we're they thinking that your president announced a free flow of the naira in the forex market will result into a positive outcome for the value of the currency this is wrong and baseless thoughts.

Just like the fuel subsidy thing also, this two things are affecting the country in the most negative ways, the economy is bleeding and corruption is at it highest rate.

Well the binance staff that escaped shows how weak the security system are, although the individual that escaped have some military training I think so, he is a former FBI agent if I am not mistaking.

Well so long as one of the staffs is still in custody, the government will still have some good hold, I read also that the federal revenue commission have fild a case of tax evasion against binance today I high court Abuja.

[sokani]

They are looking for a way to arrest him back. I guess federal government can not win this and likely he will make it to United States. Let us see how it goes.

You can read more about it here:
https://punchng.com/detained-binance-executive-escapes-from-custody/
https://punchng.com/nsa-confirms-binance-executives-escape-from-custody/

Or United States will arrest him so that he can be sent back to Nigeria? 

Why would the US arrest him and send him back to Nigeria? Dude lives in Kenya with his family and I think that's where he flew to and he's enjoying the reunion with his family. He doesn't need to stress himself running to US and even if he does go there, I don't think he'd be arrested.

Nigerian government should be more concerned about the mole inside the government because Nadeem Anjarwalla obviously had help from someone.

[Spaceman1000$]

JUST IN: NSA confirms Binance executive’s escape from custody

The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday. It was said that preliminary investigation shows that Mr Anjarwalla fled Nigeria using a smuggled passport. ”

They are looking for a way to arrest him back. I guess federal government can not win this and likely he will make it to United States. Let us see how it goes.

You can read more about it here:
https://punchng.com/detained-binance-executive-escapes-from-custody/
https://punchng.com/nsa-confirms-binance-executives-escape-from-custody/

Or United States will arrest him so that he can be sent back to Nigeria? 

This story is hard to believe, how exactly did he escape out of the country when all his belongings where collected from him, before putting him into custody. Who gave him the the passport, how did the he flee the scene without any security personnel taking notice of his movement, for me it's all arrangy. That man cannot walk five blocks away from that environment without the security personnel knowing. I think these are just a make believe story that was cooked up by the Nuhu ribadu's office, just so that the public wouldn't know of the arrangements they've had behind the scene. I'm waiting for the second story that will be brought up for the second detainee that hasn't escaped yet.

[Kliss]

The reported escape of Nadeem Anjarwall (Binance executive) is disappointing. Nadeem Anjarwall was not even in prison because he was not imprisoned. He was under house arrest and took advantage of the courtesy granted him to observe Ramadan prayers to escape.  Which executive of a legitimate and corporative does that, that alone tells that these guys know about something negative that has been going on in their dealings in Nigeria. How can one trust and continue to invest on a platform like Binance when their executive escaped from a lawful, custody, that's why they got kicked out of England and Admitted to criminal charges in U.S. There's still one of them in custody and do believe the security will take every precautionary steps not to allow this act repeat again and as for Nadeem Anjarwall who is on the run Nigerian government are trailing on the flight that took him out and where it's going to land.

[Pi-network314159]

How na? Nawao Nigeria na really a crush scene oh. Na dat dis guy e don escape weti go happen to Di second guy? Di way I dey see this escape na plan work. Well we ni go fit confirm or tok anything about Di escape foe now but let's us be waiting to see weti go happen next. Dis I e now dem fit shutdown the whole exchange in Di country. I also saw Di news on my google chrome newsline and I was about to read it when I got your notification and I left there to come here.  Nigeria Government would have settled dis case with Binance amicably but they prefer dragging it without solution.

Na wettin me I dey reason too, because no how person go disembark from krikri without insider. You no say our country matter na money for hand back for ground. Our people say na rat wey dey inside Naim dey invite the one outside to come chop perty rice. E don dey clear say one person don accept to collect him own Shaer of the cake for back. Come release am or na cartel men because one person no fit do dat kind thing.and d one dem release na the oyibo man make the matter remain we we. Because that one wey reman like this if you like kill am him no go talk anything because we 9ja too dey get mind. Where money for come from na the oyibo man, but since that one don escape nothing dem fit do the one wey remain wey be 9ja person. Make we just dey watch.

[Mate2237]

The second executive will be monitored more than before. I can not say if he can escape or not but it will be more difficult than the first. But I believe there is some plans that we do not know now. Let us see what will happen.

If the second executive escape then the unit that monitoring the Official will be in a very big problem though we don't know how they are doing foe them to escape but such news is a very bad news to Nigerian government and it agencies because instead of and arrested foreigner to escape from their custody then they would given him permission to go home and settled the case out of court. This is very bad, they would have settled this issue since if Nigeria Government and it agencies were good in reasoning.

The only thing is that they still have one of the official in their custody if not Binance would have shun them and would not come back to Nigeria again. And because of the last executive Binance will still come and settle the case but they might pay extra fee for the escapee.

[Davidvictorson]

Charles-Tim you know, I was going to call your attention to this but I am happy that you updated this thread..

JUST IN: NSA confirms Binance executive’s escape from custody

I don't even need to read the news the headline is enough to tell me that something is very fundamentally wrong with our country. The word "escaped" shouldn't even be used. They cannot say that he escaped they should say that they let him go because they have no case against these guys and didn't know how to hide their head in shame and say that they were wrong.

This is a huge embarrassment but the aren't we used to these types of embarrassment?

[OjAbram]

Does it mean now that the governments are interested in our crypto world or do they just want to abuse power and take profit without labour?

How will this scrutiny affect crypto as a whole in Nigeria?

[Benedictare]

   Ah ah ah ah can we see the kind of country we are , corruption has finished Nigeria, how can they tell us ,EFCC oh that they are unable to watch over their criminals,are you seeing it, they have secretly collected bribe and show the man how to escape back to his country.

   Me i know say wetin Nigeria government dey do na igg, but dem forget say the whole world dey touch light dem , person wey  dey inside your house dey run very bad,instead dem for just jejely tell Binance make dem pay dem tax and bill dem money wey dem go pay for violating the law, as the mata don cast dem go dey form protocols, sey dey need names of people wey don use Binance,i know say at last e no go get head . The tin wey pain me pass now be sey we don disgrace ourself for the world, because d world dey look how we wan handle the mata.
   
   Another tin be sey we christians make we wise up and love ourselves,see how our Presido onto dey na Muslim take style release Nadeem say him dey do fasting ,so dem free am small na so him take escape,sey him don reach him country,but if na Christians he must suffer and face the consequences,and i wan believe sey him partner no be Muslim, so make we wise up Christians,small time the mata go die down without them achieving any tin government don take bribe,na him make the country dey as him dey we can't do anything right.

    Anyway it is for our own good Rejoice our fasting and prayer no be for fun for dis period wey Easter dey come

[Amphenomenon]

How na? Nawao Nigeria na really a crush scene oh. Na dat dis guy e don escape weti go happen to Di second guy? Di way I dey see this escape na plan work. Well we ni go fit confirm or tok anything about Di escape foe now but let's us be waiting to see weti go happen next. Dis I e now dem fit shutdown the whole exchange in Di country. I also saw Di news on my google chrome newsline and I was about to read it when I got your notification and I left there to come here.  Nigeria Government would have settled dis case with Binance amicably but they prefer dragging it without solution.

Now that one don escape, the second one sef go escape under the SEC watch. Pump and plain SEC don collect something na make dem get Di ododo to escape.

This has nothing to do with the SEC, but you are not wrong that there is insider work. Not only one person but some people among the them made the escape possible.

The second executive will be monitored more than before. I can not say if he can escape or not but it will be more difficult than the first. But I believe there is some plans that we do not know now. Let us see what will happen.

This is proof that with the right price, you can get anything done just like how Tinubu became president, I guessed there's an high chance the other executive would escaped even if now the security is more tight it is still highly possible with the right price.
My reason for this is that, this man didn't just escape detainment but also got a Kenyan passport and traveled on air, guess we can say he has been planning this since he was detained

[Deborah DB]

cutives-report/]FG detains two Binance executives –Report

Two senior executives of Binance were allegedly to have been detained by the federal government. The executive officers flew to Nigeria after Binance website was taken down by the NCC in a way Nigeria can not be able to access the website. Although, the site is still accessible through the mobile app.

The federal government are demanding to see a list of Binance Nigerian users since the exchange inception, a person familiar with the matter said.

I think the Nigeria Government are so happy seeing how Nigerians are suffering and they are so determined to frustrate every efforts that will ease the pains and hardship Nigerians are facing..

[sokani]

BREAKING NEWS: Detained Binance executive sues NSA and EFCC, urges the court to release him from their custody and return his passport with immediate effect.

[Nwada001]

The federal government is set to charge Binance and its executives in court on April 4th for a four-count tax evasion charge.

FG cleared to prosecute Binance and two others; the fleeing official’s lawyer withdraws
 
Why didn't they add the Naira manipulation, as they claim Binance has a hand in the devaluation of the Naira?

If it's for tax invasion, legal operation, and the rest of the counts I saw on the list, Binance is the victim as charged; they have been operating in this country long enough to get licenced if they wanted to.

[Igebotz]

The federal government is set to charge Binance and its executives in court on April 4th for a four-count tax evasion charge.

FG cleared to prosecute Binance and two others; the fleeing official’s lawyer withdraws
 
Why didn't they add the Naira manipulation, as they claim Binance has a hand in the devaluation of the Naira?

If it's for tax invasion, legal operation, and the rest of the counts I saw on the list, Binance is the victim as charged; they have been operating in this country long enough to get licenced if they wanted to.

They were tagged as the main Naira speculators with no real evidence...

The two charges are legitimate it's hard to back Binance on this one, they have been operating in Nigeria for far too long not to have a registered licence and to pay appropriate service tax. This is long overdue if they must continue to operate in Nigeria they must be regulated to some extent to protect customers right.  The Philippines Govemment is also hooking them on the same No license operations.

[Makus]

It wrong for binance not to have a registered license with the country and sueing them to court for that is right, but just as Nwada001 said, how about the false accusations on binance for manipulating the naira value against the dollar. Without proper research, they openly accused binance, and now what? In normal settings binance is not going to let that slide so easily so this might even lead to the end of binance operation in Nigeria totally or even the world. That is, if the case Intensifies and the regulators get involved in this.  Because I remember clearly that towards the ending of last year, the regulator and SEC charged binance for money laundry and now they are facing charge of illegal operation without licence in 2 countries.

[Proty]

Is very wrong for the govt to have demanded for the list of people using binance this will be breaching the company privacy policies and making users from other countries not to trust the company.

[Coyster]

The federal government is set to charge Binance and its executives in court on April 4th for a four-count tax evasion charge.

The accusation of aiding money laundering, financing terrorism and Naira manipulation were all without any evidence and more or less speculative, so i no dey surprised that neither of that was included in the charges.

Now our government dey focus on tax evasion and dem go win this one because Binance no dey opearate legally for Naija and many other countries. This na the reason why Naija dey hold those Binance executives, because when the judgement goes against them and Binance is fined for example, how do you compel them to pay that fine, so they are like the bait in all these. Anyway, i think the detention is illegal imo, they willingly came to Nigeria to negotiate with the government, only to be detained on arrival and forced to stand as "representatives" of Binance in the court hearings (though one person don already eacape).

[Charles-Tim]

The Binance case has been adjourned to April 19.

UPDATED: Court adjourns Binance tax evasion case till April 19

At the proceedings on Thursday, Binance and Anjarwalla were absent and had no legal representation in court.

Counsel for the FIRS, Moses Ideh, told the court that the plaintiff was unable to serve the second defendant, Gambaryan, the charge in the Economic and Financial Crimes Commission’s custody.

He noted that the bailiff was also denied access to the defendant.

Ideh said, “We have not been able to serve a copy of the charge on the second defendant. We mobilised the court bailiff to serve the second defendant but he was denied access, too. I will be making an application to serve him this morning.”

About tax evasion, I also think the government would win. Binance made money from P2P from Nigerians but not paying taxes. The exchange is not registered in Nigeria. We should also blame Binance because before you can serve the people of a nation, you suppose to register in such nation.

[CryptoHeadlineNews]

About tax evasion, I also think the government would win. Binance made money from P2P from Nigerians but not paying taxes. The exchange is not registered in Nigeria.

I was able to have a glance through yesterday's court judgement, and must confess its really going to be a tough one, as the accuse victim (i.e Gambaryan) who was arrested by the EFCC as an acclaimed Binance executive denied yesterday of he not having any business to do with the company. hence, making the case want to look tough

We should also blame Binance because before you can serve the people of a nation, you suppose to register in such nation.

But how was the registration process supposed to have been possible if i may ask, when you and i know how our Nigerian government has never for once offered any favorable policy to encourage cryptocurrency in the country, despite the massive interest of its citizens to engage in crypto trading, buying and selling, right from Buhari's administration and today current Tinubu's administration. So for me, i do not blame Binance, but rather our Nigerian govt for failing to approach this case in a more professional way, as there is a 100 chance, Binance would have loved to register and pay tax like done in US if only had they been given chance long time ago, but with the way the whole case is going, i don't think they will be ever interested after haven delisted our Nigerian ''NGN'' trading pair.

[Lambugini]

Honestly, each time I remember the issues of our government demanding for lists of it's Nigeria user, e de make me mad. Because I don't still know what government get to do with the operation of binance and it's users. Na for Nigeria I see that government will leave their responsibilities, I means things that they are suppose to do to better the life of her citizens instead chasing things that doesn't concern them. Na them (government officials) the pack the money finish for their selfish interest. Na then go still come the disturb us for where we dey sleep in peace. If they are seeking from binance list of it's Nigeria users they should also provide list of all government officials that have accounts outside Nigeria financial institutions. Abeg, na from them Yahoo start and na still from them I go stop. So make them no look everybody eye like say everyone be like them. Government should allow binance and it's users alone.