• About
  • Advertise
  • Contact
Thursday, October 16, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home Judiciary

Binance Expresses Relief Over Court’s Decision On Gambaryan, Anjarwalla

Vital News by Vital News
June 14, 2024
in Judiciary
0
Binance Expresses Relief Over Court’s Decision On Gambaryan, Anjarwalla
Share on FacebookShare on Twitter

Binance said it was relieved that tax charges against Gambaryan and Anjarwalla have been dropped because they are not decision-makers at the company.

“We are relieved that the Federal Inland Revenue Service (FIRS) has served and filed amended charges today, resulting in tax charges against Tigran Gambaryan being dropped.

“This further illustrates that Tigran is not a decision-maker at Binance and does not need to be held in order for Binance to resolve issues with the Nigerian government.

“We await the court’s ruling on this, discharging Tigran from this matter completely.”

The crypto platform also called on the Economic and Financial Crimes Commission to take similar steps, allowing Gambaryan to return home to his family.

RelatedStories

Four Suspects Remanded In Kuje Prison Over Murder Of Osun LG Chairman, Remi Abass

Kogi Man Sentenced To Life Imprisonment For Rape

Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike

Court Stops PENGASSAN’s Strike Against Dangote Refinery

It emphasized Gambaryan’s deteriorating health due to 110 days of detention, during which he was diagnosed with malaria and pneumonia.

“We commend the FIRS for their diligence and professionalism throughout this process.

“This situation unequivocally demonstrates Binance’s commitment to resolving this issue with the government transparently and cooperatively,” it said.

The Federal High Court in Abuja had earlier on dismissed tax evasion charges brought against Tigran Gambaryan and Nadeem Anjarwalla of Binance Holdings Limited by the Federal Inland Revenue Service (FIRS).

The dismissal of the suit follows the withdrawal of the tax evasion charges against the Binance Executives by FIRS.

Reports said the FIRS dropped the charges after Binance agreed to appoint Ayodele Omotilewa as its Nigerian representative.

The FIRS initially filed charges against Binance and its officials on March 22, 2024, alleging tax evasion.

Subsequently, on May 17, 2024, FIRS amended its lawsuit, focusing on Binance’s failure to collect and remit various taxes, including Value Added Tax (VAT) and Company Income Tax, as stipulated by the FIRS Establishment Act 2007.

The court’s decision to discharge Gambaryan and Anjarwalla came after the confirmation of Omotilewa’s appointment as Binance’s local representative.

With this confirmation, FIRS revised its legal strategy, now pursuing charges against Binance alone, thereby excluding Gambaryan and Anjarwalla from further proceedings.
(vitalnewsngr.com)

Tags: BinanceCourtevasiontax
Previous Post

We Remain Transparent, Compassionate In Our Housing Scheme – Ogun Commissioner

Next Post

How 19 Persons Perish In Kwara Accident – FRSC

Vital News

Vital News

RelatedStories

Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Judiciary

Four Suspects Remanded In Kuje Prison Over Murder Of Osun LG Chairman, Remi Abass

October 15, 2025
Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Gender

Kogi Man Sentenced To Life Imprisonment For Rape

October 9, 2025
Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike
Judiciary

Dangote Refinery : PENGASSAN, NNPCL, NDMP, NUPRC Evade Service Of Court Order Halting Strike

September 30, 2025
PENGASSAN Members Shut Down NNPC, NUPRC, NMDPRA
Judiciary

Court Stops PENGASSAN’s Strike Against Dangote Refinery

September 29, 2025
FG Takes Over Prosecution Of Ogun Traditional Ruler Accused Of Cyberstalking Alake Of Egbaland
Judiciary

FG Takes Over Prosecution Of Ogun Traditional Ruler Accused Of Cyberstalking Alake Of Egbaland

September 25, 2025
Next Post
How 19 Persons Perish In Kwara Accident – FRSC

How 19 Persons Perish In Kwara Accident - FRSC

Kogi HOS Congratulates Governor Ododo On Tribunal Victory

Ododo Approves 8 Township Roads For Immediate Rehabilitation, Reconstruction In Kogi

ECOWAS Donates $1.9mln To Vulnerable Nigerians

ECOWAS Donates $1.9mln To Vulnerable Nigerians

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

PDP jettisons zoning, throws open presidential ticket to all aspirants

3 years ago
Gunmen Attack Mosque In Delta, Abduct 3, Injure 11 Worshippers

Bandits Kill 3 Policemen, Others In Sokoto

3 years ago

Tinubu Meets Farmers, Agro Commodity Groups In Minna

3 years ago
DISCOs Seek FG’s Permission To Hike Electricity Tariff

TCN Confirms Collapse Of National Grid

2 years ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu US
No Result
View All Result

Highlights

Niger Delta Peace Gains Momentum as Lokpobiri Backs Tompolo’s Initiatives

Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India

Lagos Catholic Archbishop, Adewale Martins, Urges Leaders To Prioritise Effective Governance Over Politicking

PMI Endorses Dangote Refinery As A Global Benchmark For Project Excellence

FG, GenCos Finalize Implementation Framework For ₦4 trillion Presidential Power Sector Debt Reduction Plan

Father of slain husband forgives Maryam Sanda, Accepts Tinubu’s Pardon

Trending

Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Judiciary

Four Suspects Remanded In Kuje Prison Over Murder Of Osun LG Chairman, Remi Abass

by Vital News
October 15, 2025
0

Four suspects have been remanded in Kuje prison over the alleged killing of the chairman of Irewole...

Capital Inflows Into Nigeria Up By 67.12% In Q1 2025

Nigeria’s Inflation Drops To 18.02pct

October 15, 2025
PDP NEC Appoints Damagum As Substantive National Chairman, Zones Presidential Ticket To South

Bayelsa Governor, Duoye Diri, Resigns From PDP

October 15, 2025
Niger Delta Peace Gains Momentum as Lokpobiri Backs Tompolo’s Initiatives

Niger Delta Peace Gains Momentum as Lokpobiri Backs Tompolo’s Initiatives

October 15, 2025
Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India

Kenyan Prominent Opposition Leader, Raila Odinga, Dies In India

October 15, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Four Suspects Remanded In Kuje Prison Over Murder Of Osun LG Chairman, Remi Abass October 15, 2025
  • Nigeria’s Inflation Drops To 18.02pct October 15, 2025
  • Bayelsa Governor, Duoye Diri, Resigns From PDP October 15, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In