In a startling development, the Nigerian Central Bureau of Interpol has finalized extradition documents for Nadeem Anjarwalla, a high-ranking official at Binance Holdings, following his escape from legal custody. During a televised segment on the program "Sunrise Daily," Garba Umar, head of the Nigerian Interpol, disclosed ongoing collaboration with international governments to issue a Red Notice for Anjarwalla, aiming to bring him back to Nigeria for trial on charges of money laundering and tax evasion.

The last known whereabouts of Anjarwalla were in Kenya, though his current location remains uncertain. Umar detailed efforts to trace the fugitive’s movements across several countries, though specifics of these findings were not disclosed on air.

This case took a twist when Anjarwalla vanished from Nigeria on March 22 after allegedly boarding an international flight from Abuja, despite his UK passport being held by Nigerian authorities. The method of his mysterious departure remains unexplained. In contrast, his colleague, Tigran Gambaryan, who was arrested alongside him, has pleaded not guilty and faces continued legal proceedings, with his next bail hearing scheduled for May 17.

Amidst this controversy, Gambaryan's family has been vocal, seeking his release, and a petition for his return to the US has gathered significant support. Meanwhile, Binance has responded to regulatory pressures by ceasing all transactions in Nigerian naira and removing naira trading pairs from its platform, following allegations by the Nigerian Central Bank of illicit activities involving crypto exchanges.

This high-stakes international saga highlights the complex challenges and regulatory scrutiny facing the cryptocurrency industry, as global authorities step up efforts to curb financial crimes.