The Federal Inland Revenue Service (FIRS) has re-arraigned Binance on a four-count charge bordering on alleged tax evasion.<\/p>\n
Ayodele Omotilewa, Binance\u2019s representative in Nigeria, was arraigned on Friday before Emeka Nwite, a judge at the federal high court in Abuja.<\/p>\n
Omotilewa pleaded not guilty to the four counts.<\/p>\n
In the amended charge filed on June 14, Binance Holdings Limited is listed as the sole defendant.<\/p>\n
After the plea by the Binance representative, Moses Ideho, counsel to FIRS, sought a date for the commencement of trial. The presiding judge subsequently fixed October 11 as the trial date.<\/p>\n
Over the past few months, Tigran Gambaryan, Binance\u2019s head of financial crime compliance, has been facing trial in Nigeria over alleged tax evasion and money laundering.<\/p>\n
On June 14, the Federal Inland Revenue Service (FIRS) dropped the tax charges against Gambaryan.<\/p>\n
A federal high court in Abuja discharged Gambaryan after the FIRS confirmed the appointment of Omotilewa as the firm\u2019s representative.<\/p>\n
However, the EFCC has yet to drop its charges against Binance and its executives.<\/p>\n
The anti-graft body had arraigned Binance Holdings Limited, Gambaryan, Nadeem Anjarwalla, Binance\u2019s regional manager for Africa, over allegations of money laundering.<\/p>\n
Gambaryan and Anjarwalla were detained by the Nigerian authorities on February 28.<\/p>\n
However, Anjarwalla escaped from the custody of the office of the national security adviser (ONSA), leaving Gambaryan to face the charges alone.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Federal Inland Revenue Service (FIRS) has re-arraigned Binance on a four-count charge bordering on alleged tax evasion. Ayodele Omotilewa, Binance\u2019s representative in Nigeria, was arraigned on Friday before Emeka Nwite, a judge at...<\/p>\n","protected":false},"author":2,"featured_media":1762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1761","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t