One of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, Nadeem Anjarwalla, has reportedly escaped from custody.
In February, the Federal Government detained the two senior executives of Binance.
The arrest came amidst efforts by the government to rein in speculation on the naira by cracking down on cryptocurrency exchanges.
The charges against Binance include non-payment of Value-Added Tax, Company Income Tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform.
Anjarwalla, on Friday, reportedly escaped from the Abuja guest house where he and his colleague were being held.
He was said to have escaped after some guards on duty escorted him to a nearby mosque for prayers.
The British national, who also holds Kenyan citizenship, is suspected to have departed Abuja via a Middle East airline.
How Anjarwalla boarded an international flight despite his British passport, which he used to enter Nigeria, being held by Nigerian authorities remains unclear.
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