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Author Topic: Detained Binance Executive Sues Nigerian Anti-Graft Agency for 'Fundamental Righ  (Read 370 times)

Offline sirty143

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Detained Binance Executive Sues Nigerian Anti-Graft Agency for 'Fundamental Rights' Violation

The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights. The executive also wants the local court to declare the seizure of his passport... See more for yourself here.

Your opinion is greatly appreciated.

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The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights.
They have a right to do so because the Nigerian government embarrassed them.

I do not have trust in the judiciary system in our country so I'm looking forward to see what this case will develop into in the coming weeks because it is between an international citizen and an agency of the government. If it was a case between a local citizen who is not high in the financial class, it will be difficult for that person to get Justice.

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Offline TomPluz

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The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights. The executive also wants the local court to declare the seizure of his passport. Your opinion is greatly appreciated.

The Nigerian government did something bad by arresting executives who are working for Binance. These executives - Tigran Gambaryan and Nadeem Anjarwalla - arrived at Nigeria to negotiate our of good faith yet they were arrested instead based on unproven insinuation that Binance is involved with money laundering and financing terrorism as well as manipulating the country's currency naira. This development is really a big symbol of how difficult to do business with African countries as its leaders are narrow-minded and so willing to use anything just to put the blame on the many things happening bad in its economy...let's see if they can make things better now that Binance has stopped doing business in Nigeria.


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sound like Binance found a way to put this negotiation faster already  even before they could pay the $10B.  with this human rights violation i guess they could negotiate faster already through this court proceedings this April 8. if in the end binance continues to operate in Nigeria, the strategy works in their favor.

looks like this case is going to take a short detour for a moment before a conclusion whether its $10B or less.

The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights. The executive also wants the local court to declare the seizure of his passport. Your opinion is greatly appreciated.

The Nigerian government did something bad by arresting executives who are working for Binance. These executives - Tigran Gambaryan and Nadeem Anjarwalla - arrived at Nigeria to negotiate our of good faith yet they were arrested instead based on unproven insinuation that Binance is involved with money laundering and financing terrorism as well as manipulating the country's currency naira. This development is really a big symbol of how difficult to do business with African countries as its leaders are narrow-minded and so willing to use anything just to put the blame on the many things happening bad in its economy...let's see if they can make things better now that Binance has stopped doing business in Nigeria.



i think they are not aware of what could happen all that is explained to them is escort the 2 executive officials for their safety. those 2 are not even put to jail afaik.
this issue i think will just stop after this April 8 meeting.

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I followed some details of the Binance case in Nigeria. In fact, the Nigerian government’s dealings with Binance were very disgraceful and there were violations of the law and an attempt to blackmail Binance by paying a large tax.

This is very disgraceful to the Nigerian government and Nigerian officials should be ashamed of the way they behaved in an issue that is in front of global public opinion because Binance is a global platform and this will give a bad image to the country.

I hope the Nigerian government will reverse its mistakes and try to fix the situation as much as possible.

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The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights.
They have a right to do so because the Nigerian government embarrassed them.

I do not have trust in the judiciary system in our country so I'm looking forward to see what this case will develop into in the coming weeks because it is between an international citizen and an agency of the government. If it was a case between a local citizen who is not high in the financial class, it will be difficult for that person to get Justice.

Thanks for confirming that, that is also what I thought about the Nigerian government, no offense though, even our government is also corrupt. But for sure, all eyes are going to follow this news as Binance is a top tier exchange and then crypto has been in the media lately because of the current bull run that we are seeing.

So let's see how it goes, I'm under the impression that there will be no justice and the executive could just leave the country but he will be declared persona non grata in Nigeria.

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The financial authority is always talking. If there are influential people who use Binance or may profit from it, they will inevitably reach settlements, especially since Binance has shown that it is willing to do anything to obtain money and regulatory approval. I do not know how the situation is in Nigeria, but no matter how much corruption there is, the language of interests is what speaks.
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So let's see how it goes, I'm under the impression that there will be no justice and the executive could just leave the country but he will be declared persona non grata in Nigeria.

I won’t be surprised if this actually happens. As we speak now, one of the two detained Binance employees have been declared to have escaped from his detention - so there’s a possibility that the other would still be set free (but twisted using the media) afterwards sweep the whole issue under the rug.

The Nigeria government were very much aware that Binance is an international company and it’s well known so any conflict with it would circulate nationwide yet they decide to go on with the illegal detention of the employees.
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So let's see how it goes, I'm under the impression that there will be no justice and the executive could just leave the country but he will be declared persona non grata in Nigeria.

I won’t be surprised if this actually happens. As we speak now, one of the two detained Binance employees have been declared to have escaped from his detention - so there’s a possibility that the other would still be set free (but twisted using the media) afterwards sweep the whole issue under the rug.

The Nigeria government were very much aware that Binance is an international company and it’s well known so any conflict with it would circulate nationwide yet they decide to go on with the illegal detention of the employees.

I was just thinking if they let them escape, for sure they this Binance executive could have pay fines or what we call bribe money so that they can escape. We all know how corrupt their government is, so the mere sign that they know they will get money here, they could have offer this to the Binance executives for all we know.

Just funny how everyone now is going after Binance, seems a very bad time to be a Binance executive and then travelling abroad as you might be a target by corrupt government.

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The financial authority is always talking. If there are influential people who use Binance or may profit from it, they will inevitably reach settlements, especially since Binance has shown that it is willing to do anything to obtain money and regulatory approval. I do not know how the situation is in Nigeria, but no matter how much corruption there is, the language of interests is what speaks.
If it's about reaching settlements for alleged violation of anti-money laundering, terrorism financing, and non-payment of taxes, then the detention of the executives looks counterintuitive. I don't think they will be able to squeeze anything from the remaining detained executive.

 

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