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April 4, 2024 Court Adjourns Binance Tax Evasion Case Till April 19

Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executive to the nineteenth of April.

The Federal Inland Revenue Service, FIRS had dragged the firm to court for tax evasion.

Also joined in the suit are officials of the company, Tigran Gambaryan, and fleeing Nadeem Anjarwalla.

In the suit marked, Binance was accused of failing to register with the FIRS for the purpose of paying all relevant taxes administered by the service.

The FIRS also alleged that while it was offering taxable services to subscribers on its trading platform, the company failed to issue invoices to the subscribers for the purposes of determining and payment of its Value Added Taxes.

The matter was adjourned following the inability of the FIRS to serve Gambaryan the charges in EFCC custody.

The alleged money laundering case instituted by the EFCC is underway.

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