Martins Olasehinde
Nigerian government on Wednesday withdrew the money laundering charges preferred against Tigran Gambaryan, an executive of crypto giant Binance Holdings Limited.
Binance, its U.S. head of financial crime compliance, Gambaryan, and the exchange British-Kenyan regional manager for Africa, Nadeem Anjarwalla, were facing money laundering charges to the tune of $35 million brought against them by the Economic and Financial Crimes Commission (EFCC).
Gambaryan and Anjarwalla were initially both detained in the custody of the office of the National Security Adviser.
Anjarwalla, however, fled lawful custody on March 22, 2024, while his counterpart, Gambaryan, was arraigned in April.
Following Gambaryan’s arraignment, the court ordered his remand to Kuje Correctional Facility.