Binance tax evasion trial moved to May 17 in Nigeria
Gambaryan’s lawyer, Chukwuka Ikuazom, objected, citing Nigerian law, stating he couldn’t plead until Binance, the primary defendant, was served.
The tax evasion trial in a Nigerian court involving cryptocurrency exchange Binance and two of its executives has been adjourned to May 17. This delay occurred because the exchange had not yet been formally served with the charges.
According to local news agency BusinessDay, the Federal Inland Revenue Service (FIRS) has not served Binance with tax evasion charges. The FIRS lawyer argued that Gambaryan should represent Binance as the primary defendant, had been served, given that both Binance and its executives were charged together.
However, Gambaryan’s lawyer, Chukwuka Ikuazom, objected, citing Nigerian law, stating he couldn’t plead until Binance, the primary defendant, was served. Judge Emeka Nwite adjourned the proceedings for May 17, when he will give a ruling.
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Author: Amaka Nwaokocha
