The tax evasion trial of global cryptocurrency platform Binance Holdings Limited has been postponed in Nigeria, after the presiding judge, Justice Emeka Nwite of the Federal High Court in Abuja, was absent on Wednesday for official duties. The case, brought by Nigeria’s Federal Inland Revenue Service (FIRS), had been set to continue with the cross-examination…
The Federal Inland Revenue Service (FIRS) has prayed the Federal High Court in Abuja to dismiss an application by Binance Holdings Limited, seeking to vacate the ex-parte order made in its favour. The News Agency of Nigeria (NAN) reports that Justice Inyang Ekwo had, on Feb 11, granted leave to FIRS to serve its originating…
Binance Holdings Ltd. has prayed the Federal High Court in Abuja to set aside the ex-parte order granted the Federal Inland Revenue Services (FIRS) for substituted service of all court documents on it. Binance lawyer, Chukwuka Ikwuazom, SAN, told Justice Inyang Ekwo shortly after the matter was called on Monday. He informed the court that…
The Federal High Court in Abuja on Monday, adjourned the suit filed by the Federal Inland Revenue Services (FIRS) against Binance Holdings Ltd, demanding 79.5 billion US dollars over economic losses allegedly caused by its operations in Nigeria, until April 7. The matter, which was on number 9 on the cause list, could not proceed…
The EFCC on Wednesday told a Federal High Court in Abuja that the detained Binance Holdings Limited’s executive, Tigran Gambaryan, rejected the medical intervention by the State House Clinic. Counsel for the EFCC, Ekele Iheanacho, told Justice Emeka Nwite while opposing Gambaryan’s second bail application moved by his lawyer, Mark Mordi SAN. Iheanacho, who drew…
