An employee of Binance Holdings Limited, Tigran Gambaryan, is facing court charges for allegedly evading taxes.
He and absconding Nadeem Anjarwalla are set to be presented in court today at the Federal High Court in Abuja.
In case number FHC/ABJ/CR/115/2024, Binance was accused of not registering with the Federal Inland Revenue Service to pay all applicable taxes controlled by the service.
Moreover, the FIRS claimed that while providing taxable services to users on its trading platform, the company did not issue invoices to those users for determining and paying its value-added taxes.
Gambaryan was escorted into the court by heavily armed agents of the Economic and Financial Crimes Commission.
He is the second defendant in this case.
The proceedings are currently ongoing at the time of this report.
Details will be provided later..
