The federal government of Nigeria has launched another lawsuit against Benance amid the alleged illegal operations and a legal battle on unpaid taxes.
Nigerian officials have Asked The Crypto Exchange forces a court and the company to pay $ 2 billion in retroactive taxes to approve a $ 79.5 billion fine against the Exchange Binens.
The country’s Federal Inland Revenue Service has also demanded that Binense offers financial records for 2022 and 2023. Government lawyers argued for 10% annual punishment and 26.75% interest on unpaid taxes, citing borrowed policies from the Central Bank of Nigeria.
After the arrests and custody of two company employees, Tigrean Gambari and Madem Anjarwal, Binens and Nigerian officials have been entangled in a legal battle since 2024.
The Nigerian prosecutors claimed that Benance contributed to the depreciation of Naira and operated in the country for more than six years without a license.
Gambarin and Anjarwal were detained as representatives of the company and accused of several cases of tax evasion, money laundering and other regulatory violations.
The United States recently achieved Gambari’s release, and the former IRS agent has since filed human lawsuits against Nigeria. Meanwhile, Anjarwale got into custody shortly after his arrest. Their current hideouts are unknown.
Nigeria has sued centralized exchange for allegedly offering $ 5 million to resolve the Gambary case and dispose of other alleged rules. Crypto.news reached Benance to comment on the matter. The company was yet to respond to publish time.
