The Federal Inland Revenue Revee Service (FIRS) of Nigeria continues Binance for $ 79.5 billion in economic losses as well as 2 billion dollars plus interest in terms of taxes, said the scholarship in its blog.
This is a jump in the initial figure of $ 10 billion that the Nigeria government was looking for after alleging that the stock market had allowed $ 26 billion in funds that you’ve been imposed on leaving the country because it was facing a crisis of Change and sought to restrict the capital outings last year.
“The FIRS argued that Binance has a significant economic presence in Nigeria but has not fulfilled its tax obligations,” said Binance in a blog article on Thursday. “The agency stressed that manipulation on the Binance platform has contributed to the rapid damping of Naira, which faces inflationary pressures.”
Nigeria has been pursuing disputes against Binance since the start of last year. The country arrested two of its leaders Tigran Gambaryan and Nadeem Anjarwalla in February. The country charged the leaders and the exchange of money laundering and tax evasion, but then released Gambaryan after Anjarwalla. Binance is still faced with accusations of money laundering in the country.
Coindesk contacted Binance and the Federal Inland Revenue Nigeria Service for a comment.
