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Nigeria: Govt holds talks with INTERPOL for extradition of runaway Binance Executive Anjarwalla

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The Nigerian government is in talks with the International Police Organisation (INTERPOL), as part of efforts to extradite an executive director of crypto-currency firm, Binance Holdings Limited, Nadeem Anjarwall, to face charges of money laundering.

The country’s anti-graft agency, Economic and Financial Crimes Commission (EFCC), will, on Thursday, charge Anjarwalla’s colleague, Tigran Gambaryan, to the Federal High Court in Abuja and the government is making efforts to see if the fugitive can be brought back into the country in time for the trial.

Anjarwalla was arrested in February alongside Gambaryan over alleged $35,400,000 money laundering, among other charges.

The two executives were detained in a safe house in Abuja on the order of the National Security Adviser, Nuhu Ribadu, pending when they would be charged at the Federal High Court, Abuja..

But on March 22, Anjarwalla, a British citizen, made a daring escape from custody when he slipped away from his guards following a Ramadan prayer service at a nearby Mosque, and fled the country using a Kenyan passport.

However, a top government official who spoke on the condition of anonymity, said the Nigerian government was in advanced talks with the international police to finalize moves to extradite Anjarwalla to Nigeria to face the charges against him.

“Mr Anjarwalla’s extradition process has begun. The Federal Government is working as did with INTERPOL to extradite the fugitive to Nigeria.

“He’s a fugitive that escaped from lawful custody, and his other partner is still in custody and would be arraigned on Thursday alongside their company, Binance.

“It is true that the Federal Government has commenced the process of extraditing Binance executive Anjarwalla, in order to bring him back to Nigeria to answer to his money laundering case in court, among others. The arraignment of Binance and Gambaryan in court on Thursday will also aid Anjarwalla’s extradition.”

The source however, noted that Anjarwalla’s absence would not affect the arraignment of Binance and Gambaryan on Thursday over the five-count money laundering charge.

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Nigerian govt to open student loan application portal May 24

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The Nigerian government has announced that the portal for the long awaited student loan scheme will open on May 24, 2024, under the Nigerian Education Loan Fund (NELFund).

The announcement which was made in a statement on Thursday by the media lead for the NELFund, Nasir Ayantogo, stated that once the portal is opened, eligible student will have the opportunity of applying for educational loans.

Ayantogo said the opening of the application portal marked a significant milestone in the commitment of President Bola Tinubu to fostering accessible and inclusive education for all Nigerian students.

The portal, according Ayantogo, provides a user-friendly interface for students to submit their loan applications conveniently.

“Through the portal, students can now access loans to pursue their academic aspirations without financial constraints.

“We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation.

“Students can access the portal on www.nelf.gov.ng to begin application,” the statement said.

President Bola Tinubu had, on June 12, 2023, signed the Access to Higher Education Act, 2023, into law to enable indigent students to access interest-free loans for their educational pursuits in any Nigerian tertiary institution.

The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund to process all loan requests, grants, disbursement, and recovery.

While signing the Act into law, Tinubu had said:

“This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas.

“This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to use their skilled and trained hands to build our nation.

“In accordance with this, I have instructed NELFund to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education,” he had said.

Tinubu had said that he based his decision on the need for the scheme to accommodate those who may not want to pursue a university education, noting that skill acquisition is as essential as obtaining undergraduate and graduate academic qualifications.

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Church in Kasama warns government against misusing Cyber Security Act

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In Kasama District of Northern Province, the Church has issued a caution to the government regarding the use of the Cyber Security Act to intimidate, harass, or oppress citizens and political parties.

Reverend Joseph Nkonde, Chairperson of the Council of Churches in Zambia (CCZ) for Kasama District, restated the importance of fair implementation of the law to prevent discontent among citizens.

Speaking to Zambia Monitor in Kasama, Nkonde stressed the necessity for the government to focus on the positive aspects of the law and refine problematic clauses to achieve the desired Act.

“In this age of information, today’s Zambia is vastly different from yesterday’s. Citizens now utilise cyberspace to access and disseminate information,” he said.

Nkonde highlighted that Cyber Security also pertained to media freedoms, which are crucial for democracy and the well-being of Zambians.

He cautioned the government against intimidating journalists or their media houses using laws like the Cyber Security Act, as it could impede their performance.

“It’s important to note that many people, especially in rural areas, are unfamiliar with or unaware of the Cyber Security Act. The government can use the media to educate them about its advantages and disadvantages,” Nkonde advised.

Regarding media freedom, Nkonde acknowledged government’s efforts to implement policies aimed at protecting journalists but stressed the need for further action to ensure their security.

He urged Parliament to consider enacting laws that safeguard journalists and, ultimately, ordinary citizens who rely on the disseminated information.

“I also want to caution ordinary Zambians against misusing social media and posting content that may sow division or prompt government action that could be perceived as harmful,” Nkonde added.

This story is sponsored content from Zambia Monitor’s Project Aliyense.

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