Tigran Gambaryan, one of the detained Officials of Binance Holdings is in court over allegations of tax evasion.
The exchange company and its two executives are set for arraignment before Justice Emeka Nwite of the Federal High Court, Abuja.
Tigran Gambaryan, arrived at the court in company of EFCC Officials at 9:15 am on Thursday while his colleague, Anjarwalla was absent as he was said to be on the run.
The defendants, with Gambaryan as the second are facing a five-count charge of money laundering, and operating specialised businesses in Nigeria without a license.
In the suit marked: FHC/ABJ/CR/115/2024, Binance was accused of failing to register with the Federal Inland Revenue Service for the purpose of paying all relevant taxes administered by the service.
It was also alleged that while it was offering taxable services to subscribers on its trading platform, the company failed to issue invoices to those subscribers for the purposes of determining and payment of its value-added taxes.
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