EFCC to arraign Binance executives Gambaryan, Nadeem Anjarwalla Thursday - Newstrends
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EFCC to arraign Binance executives Gambaryan, Nadeem Anjarwalla Thursday

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Gambaryan, Nadeem Anjarwalla

EFCC to arraign Binance executives Gambaryan, Nadeem Anjarwalla Thursday

The Economic and Financial Crimes Commission (EFCC) will, on Thursday, arraign Tigran Gambaryan and Nadeem Anjarwalla, two top officials of Binance Holdings Ltd, on five counts of money laundering charges.

It was gathered on Tuesday that Binance, Mr Gambaryan and Mr Anjarwalla, who escaped from lawful custody on March 22 and fled Nigeria, will be arraigned before Justice Emeka Nwite of the Abuja Division of the Federal High Court.

The crypto exchange firm and Messrs Gambaryan and Anjarwalla are listed as the first to third defendants, respectively. But Mr Anjarwalla, who the EFCC describes as “at large” in the counts, is expected to be arraigned in absentia.

The anti-graft agency filed a charge on March 28, accusing the trio of money laundering totalling $35,400,000.

Count one accused the defendants between January 2023 and January 2024 in Abuja of carrying on the specialised business of other financial institutions without a valid licence.

The offence is said to be contrary to sections 57(1) and (2) of the Banks and Other Financial Institutions Act, 2020 and punishable under section 57(5) of the same act.

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Also, the Federal Inland Revenue Service (FIRS) will arraign Binance Holdings Limited, Mr Gambaryan, and fleeing Mr Anjarwalla on April 4 on allegations bordering on tax evasion.

In the charge marked FHC/ABJ/CR/115/2024, the three defendants will equally be arraigned before Justice Nwite on four counts.

Though the FHC’s Easter vacation, which began on March 22, will end on April 8, the chief judge of FHC, Justice John Tsoho, directed the transfer of the Binance case file to Justice Nwite, even though he is not a vacation judge.

The chief judge granted the fiat for the judge to handle the case during vacation because it concerns dire national interest.

The FIRS charged and filed the charge on March 22, claiming the defendants committed the offence on or about February 1.

Count one alleged that while carrying and offering services to subscribers on their platform, Binance, they failed to register with the FIRS to pay all relevant taxes administered by the service.

The offences are said to be punishable under sections 8 and 29 of the VAT Act of 1993 (as Amended), section 40 of the FIRS Establishment Act, 2007 (as amended) and under provisions of section 94 of the Companies Income Tax Act (as amended), respectively.

The two cases were fixed for Thursday to allow for accelerated hearing.

EFCC to arraign Binance executives Gambaryan, Nadeem Anjarwalla Thursday

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Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack

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Commissioner of Police in Kaduna State is CP Muhammad Rabiu
Commissioner of Police, Kaduna State, CP Muhammad Rabiu

Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack

In a fresh wave of banditry in Kaduna State, a mother and six children were abducted from their home in Kurmin‑Uwa near Janjala community in Kagarko Local Government Area on Friday night. The attack comes less than 24 hours after suspected bandits kidnapped ten residents, including seven members of a single family, in Unguwar Sabon‑Titi, Katari.

According to residents, the raid occurred around 10:23 p.m., with the assailants going directly to the targeted house before whisking away the victims, identified as Ladi Malachy, Patience Malachy, Promise Malachy, Inama Malachy, Peter Malachy, and Aboyi Malachy. Witnesses said the attackers fled into surrounding forests, leaving the community in fear.

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A local resident, Ibrahim Shehu, confirmed the abduction, while a community leader, speaking on condition of anonymity, revealed he alerted security operatives immediately after learning about the raid. However, it remains unclear whether authorities responded promptly. Kurmin‑Uwa is located about two kilometres from Kagarko town, an area that has seen repeated bandit attacks on households.

Security sources indicate that search and rescue operations have been launched, as authorities work to locate the kidnappers and secure the release of the abducted family. Meanwhile, the Kaduna State Police Command has yet to issue an official statement regarding the incident.

The back‑to‑back kidnappings have heightened tension in rural Kaduna communities, with residents calling for intensified patrols, improved security presence, and faster emergency response to prevent further abductions. Analysts warn that without swift action, such violent raids may continue to terrorise villages across the state.

 

Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack

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INEC Warns ADC Against Holding Convention Without Supervision

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Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan
Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan

INEC Warns ADC Against Holding Convention Without Supervision

The Independent National Electoral Commission (INEC) has cautioned the African Democratic Congress (ADC) against proceeding with its planned congresses and national convention without proper supervision and in defiance of an existing court order.

Chairman Joash Amupitan issued the warning during an interview on Arise TV on Friday, after the ADC insisted on going ahead with its convention despite INEC’s derecognition of the leadership faction linked to David Mark and Rauf Aregbesola.

Amupitan stressed that INEC’s actions were guided by legal considerations, particularly a subsisting court order restraining the ADC from taking steps that could undermine ongoing legal proceedings. “Don’t do anything. Don’t take any step that will render any proceeding before the court nugatory,” he said.

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He explained that the ADC’s plan to conduct congresses and a national convention is already part of a pending legal process, with motions related to the activities yet to be determined by the court. Ignoring the court’s directive, he warned, could result in invalidated elections or nullified internal party decisions, citing precedents in Zamfara and Plateau states where failure to comply with court orders affected electoral outcomes.

Amupitan highlighted the risks of repeating past mistakes, stressing that while the ADC is free to act as it chooses, INEC would not risk supervising illegal or unauthorized party activities. He reinforced the importance of adhering to the Electoral Act and judicial directives to ensure that party events are legally recognised and free from future challenges.

The INEC Chairman’s warning comes amid heightened tension within the ADC, with the faction led by David Mark facing derecognition and ongoing litigation over the party’s legitimate leadership. Analysts note that the statement underscores INEC’s commitment to rule of law, legal compliance, and internal party democracy, especially as Nigeria approaches the 2027 general elections.

INEC Warns ADC Against Holding Convention Without Supervision

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Presidency Clarifies Why Tinubu Met Plateau Victims Only at Airport

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President Bola Ahmed Tinubu with victims of palm Sunday Attack in Plateau State
President Bola Ahmed Tinubu with victims of palm Sunday Attack in Plateau State

Presidency Clarifies Why Tinubu Met Plateau Victims Only at Airport

The Presidency has clarified why President Bola Tinubu did not leave the airport during his recent visit to Jos, amid public criticism. Officials said the decision was driven by tight scheduling, logistical constraints, and aviation safety concerns.

President Tinubu visited Jos North Local Government Area, where he met with families of victims killed in the Angwan Rukuba attack. Speaking to the bereaved, he said, “You have no light at the airport, and I have to fly back within the next 10 minutes. To the victims, there’s nothing I can give you, whether it’s money in millions, but console you and promise you that this experience will not repeat itself.”

The visit was attended by political supporters, traditional rulers, security operatives, and other stakeholders. However, Tinubu’s airport-only engagement drew criticism, with some accusing him of insensitivity toward grieving families.

In response, the President’s Special Adviser on Information and Strategy, Bayo Onanuga, explained that Tinubu’s schedule on Thursday included receiving Chadian President Mahamat Idriss Déby Itno at the Presidential Villa before traveling to Iperu in Ogun State. Following a security briefing by Plateau Governor Caleb Mutfwang, the Ogun trip was canceled, and an emergency visit to Jos was arranged overnight.

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Officials said logistical challenges made a town visit impractical. The airport runway does not support night flights, and the road distance from the airport to Jos township is about 40 minutes. These factors made it unfeasible for the President to visit the conflict site, meet victims in town, and return to the airport safely before dusk.

To ensure engagement, representatives of affected communities were brought to a hall adjoining the airport, allowing Tinubu to meet directly with victims, local leaders, and security officials. Among attendees were the Minister of Defence, the Chief of Army Staff, and the Inspector General of Police, who had visited Rukuba to assess security operations.

During the meeting, the President consoled victims, listened to their concerns, and assured justice would be delivered. He also promised the deployment of 5,000 AI-enabled surveillance cameras to monitor the city and enhance the identification and arrest of troublemakers. Furthermore, he invited community leaders to Abuja for additional talks on long-term solutions to recurring violence in Plateau State.

The Presidency described the visit as a strategic, high-level engagement aimed at addressing the root causes of conflict, rather than a symbolic gesture. Officials emphasized that Tinubu’s approach prioritized safety, efficiency, and direct interaction with key stakeholders while adhering to flight and logistical constraints.

Despite the criticisms, the televised meeting was seen as reassuring by residents, signaling the President’s commitment to peace, security, and community-driven solutions in Plateau State.

Presidency Clarifies Why Tinubu Met Plateau Victims Only at Airport

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