<p>The post <a href="https://coinpedia.org/news/nigeria-withdraws-tax-allegations-against-binance-executives/" rel="noopener noreferrer nofollow">Nigeria Withdraws Tax Allegations Against Binance Executives</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The Nigerian Federal Inland Revenue Service (FIRS) has withdrawn tax allegations against two top Binance executives, Tigran Gambaryan and Nadeem Anjarwalla. However, the charges are now solely directed at Binance, raising questions about the next steps for the cryptocurrency giant.</p>
<p>This dismissal of charges follows intense international pressure, including a letter from U.S. federal prosecutors urging the U.S. Department of Justice to put pressure on the Nigerian government.</p>
<h2 class="wp-block-heading" id="h-charges-redirected-to-binance">Charges Redirected to Binance</h2>
<p>Initially, the FIRS had brought <a href="https://x.com/CoinpediaNews/status/1801583746568655013" rel="noopener noreferrer nofollow">tax charges against</a> both Gambaryan and Anjarwalla. However, in a recent decision, the agency has chosen to redirect these charges solely at Binance, specifically through its local representative.&nbsp;</p>
<p>As a result, Gambaryan is no longer required to appear in court for the tax case, leaving Binance as the only defendant.</p>
<p>Observers believe that the decision to drop charges against the executives may have been influenced by the <a href="https://coinpedia.org/news/over-100-former-federal-prosecutors-call-for-release-of-detained-binance-executive-in-nigeria/" rel="noopener noreferrer nofollow">letter sent to the US Department of Justice</a> last week, where former 100-plus senior executives urged pressure on Nigeria.</p>
<p>This letter highlighted concerns over the conditions in Kuje Prison, where Gambaryan was being held, known for housing some of Nigeria’s most dangerous criminals.</p>
<h2 class="wp-block-heading" id="h-money-laundering-case-still-pending">Money Laundering Case Still Pending</h2>
<p>Despite this development, Gambaryan and Anjarwalla are not entirely free from legal troubles. They still face charges in a separate money laundering case. The next hearing for this case is scheduled for June 19, where an application for an order for the enforcement of fundamental rights will be heard.&nbsp;</p>
<p>The trial is set to resume on June 20, with Gambaryan remaining detained at Kuje Prison.&nbsp;</p>

Nigeria Withdraws Tax Allegations Against Binance Executives

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