The Economic and Financial Crimes Commission (EFCC) has brought Tigran Gambaryan, an official of Binance Holdings Limited, before the Federal High Court in Abuja.
Gambaryan stands accused of tax evasion alongside Nadeem Anjarwalla.
The case, marked as FHC/ABJ/CR/115/2024, revolves around allegations that Binance failed to register with the Federal Inland Revenue Service (FIRS) and consequently did not fulfill its tax obligations. The FIRS contends that despite offering taxable services to subscribers on its trading platform, Binance neglected to issue invoices for the determination and payment of value-added taxes.
Heavily armed EFCC operatives escorted Gambaryan into the courtroom, where proceedings are currently underway.
