• About
  • Advertise
  • Contact
Thursday, September 11, 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

Osun Traditional Ruler, Apetu Of Ipetumodu, Oba Oloyede Bags Four Years Imprisonment In US Over $4.2mln COVID Scam

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

NDLEA Secures Conviction Of Two Drug Kingpins, Emami, Akpomuai, To Spend 10-yrs In Prison

Tender Public Apology To Comfort Emmanson Or Face Court Action , NBA Tells Ibom Air

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

Osun Traditional Ruler, Apetu Of Ipetumodu, Oba Oloyede Bags Four Years Imprisonment In US Over $4.2mln COVID Scam
Crime

Osun Traditional Ruler, Apetu Of Ipetumodu, Oba Oloyede Bags Four Years Imprisonment In US Over $4.2mln COVID Scam

August 26, 2025
Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba,  N1.07bln Salary Arrears
Judiciary

Appeal Court Orders Kogi To Pay Ex-Deputy Governor, Simon Achuba, N1.07bln Salary Arrears

August 22, 2025
NDLEA Secures Conviction Of Two Drug Kingpins, Emami, Akpomuai, To Spend 10-yrs In Prison
Crime

NDLEA Secures Conviction Of Two Drug Kingpins, Emami, Akpomuai, To Spend 10-yrs In Prison

August 19, 2025
Tender Public Apology To Comfort Emmanson Or Face Court Action , NBA Tells Ibom Air
Judiciary

Tender Public Apology To Comfort Emmanson Or Face Court Action , NBA Tells Ibom Air

August 12, 2025
Police Arraign Ekiti Woman For Reneging On Marriage Promise After Collecting N607,500 From Suitor
Judiciary

Female Air Passenger, Comfort Emmanson, Arraigned, Remanded In Kirikiri Prison

August 11, 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

Ex-PDP State Chairman Dumps Party In Ogun, Joins APC, Praises Abiodun’s Developmental Strides

Ex-PDP State Chairman Dumps Party In Ogun, Joins APC, Praises Abiodun’s Developmental Strides

2 years ago

Zamfara House of Assembly serves Deputy Governor impeachment notice

4 years ago
Christmas : Governor Bello Felicitates Christians, Preaches Love, Peace

Gov. Bello Appoints Caretaker Chairmen For Kogi 21 LGs

2 years ago
President Tinubu Makes U – turn, Confers GCON On Speaker Tajudeen Abbas

President Tinubu Makes U – turn, Confers GCON On Speaker Tajudeen Abbas

11 months 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
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections 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
No Result
View All Result

Highlights

Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

Alleged $7.2billion Fraud : Ex-NNPC CEO, Mele Kyari In EFCC Custody

A CALL TO SAVE KOGI STATE’S EDUCATIONAL SYSTEM by Friday Ogungbemi

NISO Blames Collapse Of National Grid On Tripping Of A Generation Company

Photo News : President Bola Tinubu Visits President Emmanuel Macron In France

Kogi Police Command Confirms killing Of Three Officers By Gunmen

Trending

2027 : Former APC National Chairman, John Oyegun, Aregbesola, Atiku, David Mark, Obi, Amaechi Team Up Against Tinubu
Politics

INEC Recognises Mark, Aregbesola As New National Officers Of ADC

by Vital News
September 10, 2025
0

The Independent National Electoral Commission (INEC) has formally recognized former Senate President David Mark as the new...

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes

2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes

September 10, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

September 10, 2025
Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

Dangote Cement Pays Over N3.3trillion Dividends To Shareholders In 15 years

September 10, 2025
Alleged $7.2billion Fraud :  Ex-NNPC CEO, Mele Kyari In EFCC Custody

Alleged $7.2billion Fraud : Ex-NNPC CEO, Mele Kyari In EFCC Custody

September 10, 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

  • INEC Recognises Mark, Aregbesola As New National Officers Of ADC September 10, 2025
  • 2025 IYD : LASG Promises To Continue To Initiate, Implement Youth – oriented Policies, Programmes September 10, 2025
  • Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi September 10, 2025

Categories

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