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Breaking: Binance Director escapes from detention, flees abroad

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Nadeem Anjarwalla, an executive officer with Binance, has escaped from detention and is said to have left the country.

According to a report Monday morning by Premium Times, Mr Anjarwalla escaped a day after the Nigerian government slammed a four-count criminal charge on him.

He is one of the two Binance executives detained in Nigeria for alleged tax evasion and other offences.

Quoting reliable sources, the report said Mr Anjarwalla, 38, escaped on Friday, 22 March, from the Abuja guest house where he and his colleague were detained after guards on duty led him to a nearby mosque for prayers ‘in the spirit of the ongoing Ramadan fast.’

The Briton, who also has Kenyan citizenship, is believed to have flown out of Abuja using a Middle East airliner.

It remains unclear how Mr Anjarwalla got on an international flight despite his British passport, with which he entered Nigeria, remaining in the custody of the Nigerian authorities.

Authorities are also said to be working to unravel his intended destination in a bid to get him back into custody.

An Immigration official said the Binance executive fled Nigeria on a Kenyan passport. He, however, said authorities were trying to determine how he obtained the passport, given that he had no other travel document (apart from the British passport) on him when he was taken into custody.

Another source said the two officials were held at a “comfortable guest house” and allowed many rights, including the use of telephones, a privilege Mr Anjarwalla is believed to have exploited to plot an escape.

When contacted Sunday night on the escape of the Binance executive from detention, the Head of Strategic Communication at the Office of the National Security Adviser, Zakari Mijinyawa, said he would enquire and revert.

Mr Anjarwalla, Binance’s Africa regional manager, and Tigran Gambaryan, a US citizen overseeing financial crime compliance at the crypto exchange platform, were detained upon their arrival in Nigeria on 26 February 2024.

A criminal charge was filed against the two executives before a Magistrate Court in Abuja. On 28 February 2024, the court granted the Economic and Financial Crimes Commission (EFCC) an order to remand the duo for 14 days. The court also ordered Binance to provide the Nigerian government with the data/information of Nigerians trading on its platform.

Following Binance’s refusal to comply with the order, the court extended the remand of the officials for an additional 14 days to prevent them from tampering with evidence. The court then adjourned the case till 4 April 2024.

Also on 22 March, the Nigerian government approached the Federal High Court in Abuja and slammed another four-count charge on Binance Holdings Limited, Mr Anjarwalla and Mr Gambaryan, accusing them of offering services to subscribers on their platform while failing to register with the Federal Inland Revenue Service to pay all relevant taxes administered by the Service and in so doing, committed an offence, contrary to and punishable under Section 8 of the Value Added Tax Act of 1993 (as Amended).

The defendants were also accused of offering taxable services to subscribers on their trading platform while failing to issue invoices to those subscribers to determine and pay their value-added taxes and, in so doing, committed an offence contrary to and punishable under S.29 of the Value Added Tax Act of 1993 (as amended).

 

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Crime

FG withdraws forgery charge against Ozekhome

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The Federal government has withdrawn the criminal charge it filed against Professor Mike Ozekhome, SAN, over alleged forgery.

The withdrawal was announced on Tuesday by the office of the Attorney General of the Federation at the High Court of the Federal Capital Territory sitting in Maitama.

The Director of Public Prosecution of the Federation, Rotimi Oyed), informed Justice Peter Kekemeke that the Attorney General of the Federation had decided to take a holistic look at the case and determine the most appropriate course of action.

Following the application, which was not opposed by the defence team led by Paul Erokoro (SAN), the court struck out the three-count charge against Ozekhome.

Ozekhome had been arraigned on allegations bordering on forgery and other related offences in a case initially instituted by the Independent Corrupt Practices and Other Related Offences Commission.

The ICPC filed a three-count criminal charge against Ozekhome at the FCT High Court in Abuja, accusing him of alleged fraud, forgery and use of false documents in connection with a disputed property in London.

Prosecutors alleged that the senior lawyer knowingly received a property located at 79 Randall Avenue, London NW2 7SX, which he claimed was gifted to him, and then allegedly used a forged Nigerian passport in support of that claim.

They argued that both acts contravened provisions of the Corrupt Practices and Other Related Offences Act and the FCT Penal Code.

However, there have been several arguments around the allegations as many opined that it was politically motivated while those close to Ozekhome said there was no way the legal luminary could forge documents for the sake of inheriting any property.

 

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Man stabs ex-wife to death, hands in to Police

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A Maryland woman was stabbed to death inside her home over the weekend, and her estranged husband turned himself just a couple of hours later.

Shortly after 8am on Sunday, the Howard County Police Department responded to a report that 53-year-old Alexander Stephenson had stabbed his wife, Amethyst Stephenson, 47, and fled.

Officers quickly made their way to Amethyst’s home, a gorgeous $900,000 house nestled in the woods near Ellicott City, just outside of Baltimore.

When the officers arrived, she was already dead. The Howard County Police Department told the Daily Mail that she was stabbed multiple times but did not provide more details.

Police said that Amethyst was estranged from her husband and that he did not live in the home where she was murdered.

Alexander was immediately considered wanted for the fatal stabbing.

The Howard County Police Department said he turned himself in at 10.30am on the day of the murder at the department’s northern district station in Ellicott City.

 

 

 

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Prosecution of Gov Ododo’s CoS: Witness narrates how alleged stolen funds were used to acquire Abuja properties

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A prosecution witness, PW17, an operative of the Economic and Financial Crimes Commission, EFCC and Deputy Superintendent of the EFCC, DCE Ahmed Audu Abubakar, on Monday, February 9, 2026, narrated before Justice James Omotosho of the Federal High Court, Maitama, Abuja, how hundreds of millions of naira allegedly diverted from the Kogi State Government House Administration Account were used to acquire high-end properties in choice areas of the Federal Capital Territory.

The EFCC is prosecuting Ali Bello, the Chief of Staff to the Kogi State Governor, Ahmed Usman Ododo, and a nephew of former Kogi State Governor, Yahaya Adoza Bello, on a 16-count amended charge, alongside Dauda Sulaiman and one Abdulsalami Hudu, the former cashier of the Kogi State Government House Administration Account (now at large).

The defendants are standing trial over allegations of misappropriation and money laundering to the tune of ₦10,270,556,800, funds allegedly withdrawn from the Kogi State treasury and delivered to a Bureau de Change operator, Rabiu Tafada, in Abuja, to keep or convert to foreign currencies for personal use.

At the resumed hearing on Monday, Abubakar told the court that the first defendant, Ali Bello, used ₦900 million to acquire a property located at No. 35 Danube Street, Maitama, Abuja, Spring Hall School.

“My Lord, the property belongs to an Honourable from Bauchi State and was put up for sale for that amount. The first defendant procured the services of a lawyer, Barrister Ramalan, to broker the transaction. Barrister Ramalan carried out the instruction as directed by the first defendant, and the property was eventually purchased.

The payment was made in cash at the office of the Bureau de Change in Zone 4, Abuja, after the naira equivalent was converted to dollars. That was the finding of our investigation regarding the transaction,” he said.

The witness further stated that the funds used for the purchase were withdrawn at different times from the Kogi State Government House Administration Account.

When shown Exhibit H by prosecution counsel, Rotimi Oyedepo, SAN, the witness confirmed that it was a Deed of Assignment between Pauchi Ventures Nigeria Limited and Y3 Nigeria Limited.

Asked to identify Y3 Nigeria Limited, the witness explained:
“My Lord, Y3 is the company provided by the first defendant to his lawyer for the preparation of the Deed of Assignment.”

Moving to count four of the charge, Oyedepo, SAN, stated that the defendant allegedly used ₦920 million to acquire a property located at No. 2 Justice Chukwudi (or Oguta) Street, Asokoro, Abuja, funds he reasonably ought to have known were proceeds of unlawful activity.
Responding, the witness confirmed that the EFCC identified the property during investigations.
“My lord, the transaction was brokered by the former Governor of Kogi State, His Excellency Yahaya Bello, himself. He approached a contractor friend who had recently acquired the property through Wastle Motors, owned by Alhaji Sa’id Dantsoho”
“They agreed on a price, and the owner accessed a facility from Access Bank. It was agreed that the property would be sold at the same amount it was acquired. Payment was to be made ‘in kind’ because His Excellency had just assumed office and promised to patronize the contractor during his administration.”

An account was provided into which loan repayments would be made. During the period, there were numerous cash deposits from Lokoja and transfers from the Bureau de Change operated by Rabiu Tafada, including through his company, Busynet. All BDC transfers were carried out on the instruction of the first defendant, Ali Bello. That is how the property was paid for, My Lord”, he said.
The witness stated that the total facility collected as of March 21, 2018, stood at ₦808,698,263.29.

Abubakar further told the court that on April 8, 2020, multiple cash deposits were made at the Lokoja Branch of Access Bank towards servicing the loan. He listed the deposits as follows:
• Victor Ashimo – ₦3,650,000
• Surajo Samson – ₦7,700,000
• Sikiru Lariyat – ₦6,650,000

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