The Federal Inland Revenue Service (FIRS) has announced it is dropping tax charges against Tigran Gambaryan, Binance’s head of financial crime compliance. The charges were dropped on June 14, according to TheCable.
Dare Adekanmbi, spokesperson for the agency, confirmed that the federal government is also dropping charges against two other individuals who were sued along with the cryptocurrency firm Binance. “Please note that the charges are being dropped against the second and third defendants in the matter,” he stated.
In a statement on Friday, Binance expressed relief at the FIRS’s decision to file amended charges, resulting in the dismissal of tax charges against Gambaryan. The statement clarified that Gambaryan is not a decision-maker at Binance and does not need to be held for Binance to resolve its issues with the Nigerian government.
“We await the court’s ruling on this, discharging Tigran from this matter completely,” the statement added. Binance also commended the FIRS for their diligence and professionalism throughout the process, emphasizing the company’s commitment to resolving the issue transparently and cooperatively.
Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa, were detained by Nigerian authorities on February 28.
