REVEALED! Binance CEO Alleges Extortion Demands From Officials In Nigeria
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The executives, Nadeem Anjarwalla and Tigran Gambaryan, were detained on February 28 as part of a probe into alleged illegal operations and foreign exchange rate manipulations.
Following this, Nigeria’s government levied tax evasion charges against Binance on March 25, coinciding with Anjarwalla’s escape from detention.
Despite repeated requests, Binance claimed it had not received details of the allegations.
He said: “There were a number of reasons for that, including the sensitivity of the information and getting the opportunity to see the allegations in full and prepare a thorough substantive response.
“The meeting ended with the Chair confirming they would consider the matter and revert through Binance’s local counsel.
“Later that day, our local counsel — representing us at that time — was summoned by the Committee through someone purporting to be their agent, who relayed the Committee’s terms and instructed our local counsel to advise us.
“Counsel reported back that he had been presented with a demand for a significant payment in cryptocurrency to be paid in secret within 48 hours to make these issues go away and that our decision was expected by the morning.
“Our team grew increasingly concerned about their safety in Nigeria and immediately departed.”
The CEO expressed concern for the safety of Binance employees in Nigeria, leading the team to depart immediately.
