Breaking: Binance breaks silence on employee’s escape from custody in Nigeria

Binance, a cryptocurrency platform, has reacted to the report that one of its detained employees, Nadeem Anjarwalla, escaped from custody in Nigeria.

The spokesperson for Binance confirmed Anjarwalla’s escape in a statement sent to the CityNews Nigeria on Monday.

CityNews Nigeria reports that Anjarwalla, Binance’s Africa regional manager, escaped from custody on March 22, 2024, from an Abuja guest house, where he and his colleague, Tigran Gambaryan, were detained for alleged tax evasion.

Reacting to the development, Binance said the safety of Anjarwalla remains their top priority.

The firm stressed that it is working with the Nigerian authorities to resolve the issue quickly.

“We were made aware that Nadeem is no longer in Nigerian custody. Our primary focus remains on the safety of our employees, and we are working collaboratively with Nigerian authorities to resolve this issue quickly”.

The two Binance executives were detained by the office of the National Security Adviser from last February 2024.

Recall that trouble started for Binance when it was restricted from operating in Nigerian cyberspace from February 21, 2024.

The development led to Binance discontinuing its services on Naira from March 8.