The Kenya Police Service is set to quicken extradition processes for Nadeem Anjarwalla, the Binance executive who fled Nigeria’s custody, to return to Nigeria during the week.
Sources privy to details of his arrest spoke anonymously to The PUNCH, saying the extradition would happen this week.
The newspaper quoted one of them as saying, “Binance executive Nadeem Anjarwalla has been arrested by the Kenya Police Service, and he will be extradited to Nigeria this week by INTERPOL.”
Another source was quoted as saying, “As we had said before that Anjarwalla would be extradited, he has been arrested in Kenya, and he’ll be extradited to Nigeria this week.”
READ MORE: FG Finds Fleeing Binance Executive in Kenya
Nigerian authorities were investigating Anjarwalla and Tigran Gambaryan, his colleague, over allegations of money laundering and conduct that contributed to the naira’s decline when he fled custody.
His escape was shortlived, as collaborative efforts by the Economic and Financial Crimes Commission (EFCC), the International Criminal Police Organisation (INTERPOL) and the Kenyan Police Force led to his arrest.
In a March bulletin, Ola Olukayode, the EFCC chairman, confirmed efforts were underway to apprehend him.
The bulletin partly read: “The takeover of the prosecution of Binance chiefs by the commission is no less a strong message in the direction of EFCC’s resolve to hedge in distortions and disruptions in the country’s forex market.
“Tax evasion, currency speculation and money laundering to the tune of $35,400,000 are at the foundation of the Commission’s five counts against Binance Holdings Limited, Tigran Gambaryan and Nadeem Anjarwalla, the company’s chief executives.”
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