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| Africa Live: Women die in Nigeria cash handout stampede - BBC News | Africa Live: Women die in Nigeria cash handout stampede - BBC News |
| (32 minutes later) | |
| Nigeria's tax agency is pursuing cryptocurrency company Binance for tax evasion, local reports say. | Nigeria's tax agency is pursuing cryptocurrency company Binance for tax evasion, local reports say. |
| The Federal Inland Revenue Service (FIRS) on Monday reportedly filed tax evasion charges against the company at the high court in the capital, Abuja. | The Federal Inland Revenue Service (FIRS) on Monday reportedly filed tax evasion charges against the company at the high court in the capital, Abuja. |
| The charges include failure to pay taxes, failure to file tax returns, and aiding users of its platform to evade taxes. | The charges include failure to pay taxes, failure to file tax returns, and aiding users of its platform to evade taxes. |
| Binance is also accused of operating in the West African country without registration. | Binance is also accused of operating in the West African country without registration. |
| The crypto platform tells Reuters that it is working with Nigerian authorities to resolve the issue. | |
| The lawsuit names two Binance executives currently detained in Nigeria - Tigran Gambaryan and Nadeem Anjarwalla - as defendants. | The lawsuit names two Binance executives currently detained in Nigeria - Tigran Gambaryan and Nadeem Anjarwalla - as defendants. |
| They have been in detention since late February, when they arrived to the country to discuss the suspension of the trading platform with Nigerian authorities. | |
| On Monday, online newspaper Premium Times reported that Mr Anjarwalla allegedly escaped custody and fled the country last Friday. | On Monday, online newspaper Premium Times reported that Mr Anjarwalla allegedly escaped custody and fled the country last Friday. |
| Authorities have not confirmed this report. | Authorities have not confirmed this report. |
| Earlier this month, the Nigerian government demanded almost $10bn (£8bn) from the cryptocurrency firm as compensation for its alleged manipulation of exchange rates of the local naira currency. | Earlier this month, the Nigerian government demanded almost $10bn (£8bn) from the cryptocurrency firm as compensation for its alleged manipulation of exchange rates of the local naira currency. |
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