Justice Inyang Ekwo of the Federal High Court in Abuja dismissed a fundamental rights enforcement suit filed by Nadeem Anjarwalla, the Africa Regional Manager of Binance Holdings Limited, against the Economic and Financial Crimes Commission (EFCC) and the National Security Adviser (NSA).
The suit was dismissed due to lack of diligent prosecution. During the last session on March 28, 2024, Anjarwalla’s counsel, Tonye Krukrubo (SAN), withdrew his appearance. Subsequently, no lawyer appeared for Anjarwalla at the June 19 hearing.
Anjarwalla, who has absconded to Kenya, and his colleague, Tigran Gambaryan, had filed separate suits (FHC/ABJ/CS/355/24 and FHC/ABJ/CS/356/24) seeking release from detention, alleging violations of their constitutional rights. Both executives face charges of tax evasion, currency speculation, and money laundering totaling $34.4 million.
Justice Ekwo granted Krukrubo’s request to amend Gambaryan’s application but fined Gambaryan N50,000, to be paid to the EFCC by July 9. Anjarwalla remains at large.
