Nigeria's detainment of Binance's compliance chief for weeks without charge while demanding a penalty of $10 billion from his employer has effectively transformed the nation into a no-go pariah for anti-financial crime personnel, sources told ACAMS moneylaundering.com. Tigran Gambaryan, a former IRS special agent based in the Atlanta area, was charged with tax evasion in Federal High Court in Abuja on March 25, weeks after Nigerian authorities detained him and Nadeem Anjarwalla, Binance's regional manager for Africa, who managed to flee the country shortly after his arrest. Local reports citing an adviser to President Bola Tinubu and later confirmed by...
A recent regulatory penalty citing a Brown Brothers Harriman executive made a compliance director at Bank of America wonder about his future personal liability, attendees of a business forum heard Tuesday.
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