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Kenyan Authorities Confirm Nigeria’s Extradition Talks For Runaway Binance Executive

Kenyan authorities have confirmed communications with the Nigerian government over the extradition of escapee Binance executive.
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Kenyan Authorities Confirm Nigeria’s Extradition Talks For Runaway Binance Executive

Highlights

  • The Nigerian government seeks extradition for Nadeem Anjarwalla.
  • Kenyan authorities confirm talks with Nigerian counterparts.
  • Legal technicalities might drag the process for months.

Kenyan authorities have revealed talks with the Nigerian government for the extradition of escapee Binance executive, Nadeem Anjarwalla. A new TechCabal report says the Nigerian government has officially asked its Kenyan counterpart to extradite Anjarwalla after he escaped detention in the country. 

According to the report, an unnamed detective at the Directorate of Criminal Investigations (DCI) acknowledged the requests for extradition but added that the country was yet to act. He noted that the extradition issue will take a process involving both sides. 

You cannot just walk in and arrest him based on the request. It’s a process. Also, the Anjarwallas are influential and have the backing of some powerful people,” the detective explained. 

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Possible Red Notice For the Binance Executive?

Per the report, the detective asked not to be named because of the sensitivity of the case. The issue borders on crimes he allegedly committed in another country and instances involving a red notice or foreign arrest warrant might differ.

Police agencies share information among themselves and through the Interpol. The collaboration can only go up to a certain level as allowed by the law. Effecting an Interpol red notice or foreign arrest warrant is entirely different.” 

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Possible Procedure for The Anjarwalla’s Extradition

The procedure and legal issues involved in extradition are often debated not to breach local and foreign laws. For an extradition of the Binance executive, a Nigerian court must issue an arrest warrant which will be forwarded to Kenya’s attorney general. 

After arrest, the court’s consent is also required and could take months. The report also added, citing the detective, that Anjarwalla is the son of Atiq Arjarwalla, a partner in one of the largest firms in East Africa. 

The Nigerian government arrests two Binance executives following allegations that the exchange facilitated naira exchanges on its platform. Nigeria charged Binance and two executives on money laundering charges with Gambaryan pleading not guilty.

Meanwhile, the cryptocurrency community continues to stand with Gambaryan asking for his immediate release from custody. 

Also Read: Crypto Security: Here’s How Paradigm Exec’s SEAL-ISAC Can Make a Difference

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David Pokima

David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.

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