News Africa
Nigeria charges Binance with tax evasion – Reports
Nigeria’s tax agency is pursuing cryptocurrency company Binance for tax evasion, local reports say.
The Federal Inland Revenue Service (FIRS) on Monday reportedly filed tax evasion charges against the company at the high court in the capital, Abuja.
The charges include failure to pay taxes, failure to file tax returns, and aiding users of its platform to evade taxes.
Binance is also accused of operating in the West African country without registration.
The crypto platform told Reuters news agency that it was working with Nigerian authorities to resolve the issue.
The lawsuit names two Binance executives currently detained in Nigeria – Tigran Gambaryan and Nadeem Anjarwalla – as defendants.
They have been in detention since late February, when they arrived in the country to discuss the suspension of the trading platform with Nigerian authorities.
On Monday, online newspaper Premium Times reported that Mr Anjarwalla allegedly escaped custody and fled the country last Friday. Authorities have not confirmed this report.
Earlier this month, the Nigerian government demanded almost $10bn (£8bn) from the cryptocurrency firm as compensation for its al
Source: bbc.com
Legendary sports commentator Joe Lartey is dead
Here are the 8 universities that have awarded Otumfuo honorary doctorate
Watch how 4 motor-riding arsonists who petrol-bombed Class Media Group arrived and left
HOT VIDEO: Leaked Video of a Ghanaian Seamstress goes viral
Road Safety Authority narrates how buttocks causes road accident
VIDEO: Pupil teacher c*ught having s*x with 11-year-old in an uncompleted Building
-
Lifestyle4 weeks agoRoad Safety Authority narrates how buttocks causes road accident
-
GENERAL NEWS1 month agoWhy 15 police officers stormed Owusu Bempah’s church – Kumchacha narrates
-
GENERAL NEWS4 weeks agoWatch how Ibrahim Mahama rode Honda superbike to pay last respects to late friend
-
GENERAL NEWS1 month agoHow Offinso residents storm destooled queen mother’s house, demand for new chief
-
South Africa News1 month agoWoman thrown out of a speeding taxi while on her way to work
-
GENERAL NEWS2 weeks agoDeadly clash between youth and navy personnel results in two deaths at Tema Manhean
-
SHOWBIZ KONKONSAH2 weeks agoJunior Pope’s Death: Video of John Dumelo refusing to join canoe for movie shoot over safety concerns resurfaces
-
News Africa2 months ago‘Satanically dubious’ – SCOAN releases statement on BBC’s report about TB Joshua, church
