On Wednesday, the Federal Government dropped the money laundering charges against Tigran Gambaryan, an executive at Binance Holdings Limited. Gambaryan, along with Binance’s U.S. Head of Financial Crime Compliance and the exchange's British-Kenyan Regional Manager for Africa, Nadeem Anjarwalla, faced charges from the Economic and Financial Crimes Commission (EFCC) involving $35 million.
Initially, both Gambaryan and Anjarwalla were held by the Office of the National Security Adviser. However, Anjarwalla escaped lawful custody on March 22, 2024, while Gambaryan was later arraigned in April. After his arraignment, Gambaryan was remanded to Kuje Correctional Facility.
