News

Binance Tax Evasion Case Adjourned Till April 19

Binance tax evasion case has been adjourned till April 19.

 

Glamtush reports that a Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executives.

The Federal Inland Revenue Service 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: FHC/ABJ/CR/115/2024, 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 on Thursday following the FIRS’ inability to serve Gambaryan the charges in EFCC custody.

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

GLAMTUSH

Recent Posts

Access Bank Group, Aig-Imoukhuede Foundation Pledge $300m To Transform Africa’s Economic Landscape

Access Bank Group and Aig-Imoukhuede Foundation have pledged $300m to transform Africa’s economic landscape.  …

5 hours ago

Ayra Starr Doubles Up As Spotify EQUAL Africa And Global Artist For May

Ayra Starr doubles up as Spotify EQUAL Africa and Global Artist for the month of…

7 hours ago

Foodstuff Store lntroduces Innovative Recycling Program

Food tech company, Foodstuff Store, has announced the introduction of its innovative recycling program.    …

8 hours ago

The Efficacy Of Primate Ayodele’s Prophetic Ministry Travels To Slovakia

Unarguably, there’s virtually no continent or country in the world that the prophetic ministry of…

11 hours ago

Akmodel MD Speaks On International Day Of The Boy

Akmodel MD spoke on International Day of the Boy on May 16. Glamtush reports that…

14 hours ago

President Tinubu Listens To Primate Ayodele’s Advice, Orders Suspension of Cybersecurity Levy

President Tinubu has listened to Primate Ayodele’s advice and ordered the suspension of cybersecurity levy.…

2 days ago