One of the two Binance Executives detained in Nigeria for alleged tax evasion and other offences, Nadeem Anjarwalla, has reportedly escaped from custody.

Nigerian authorities remain unclear how Anjarwalla boarded an international flight despite his British passport, which he used to enter Nigeria, being held by the Federal Government.

In February, the Federal Government detained the two senior executives of Binance.

An Immigration official who pleaded anonymity, said the Binance executive fled Nigeria on a Kenyan passport.

The official disclosed that the authorities are working on unravelling how he obtained the passport, given the fact that he had no other travel document (apart from the British passport) on him when he was arrested.

The arrest came amidst efforts by the government to rein in speculation on the naira by cracking down on cryptocurrency exchanges.

The charges against Binance include non-payment of Value-Added Tax, Company Income Tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform.