Post
Topic
Board Politics and society (Naija)
Topic OP
FG slaps Binance with fresh $81.5bn suit over economic losses, tax
by
Cossyblack
on 19/02/2025, 19:44:54 UTC
The Federal Government has approached the Federal High Court in Abuja to compel the cryptocurrency exchange company, Binance Holdings Limited, to pay $79.51 billion and ₦231 million for alleged economic losses caused by its operations in Nigeria.

In the lawsuit, Binance and two of its executives, Tigran Gambaryan and Nadeem Anjarwalla, are accused of contravening Nigerian laws, including failing to register with FIRS for tax compliance and allegedly causing economic losses to the country during the review period.
Punch

My contri  people I strongly believe say  this law suits dey come as a result of the accusations wey Tigran Gambaryan been accuse the federal govt for trying  to forcing him to pay a bribe of $150,000. Looks like the govt is fighting back and want to deal with him for bringing out the  bribery matter to the public