Nigerian Presidency Highlights Tinubu-Wray Collaboration Against Cybercrime

Nigeria’s President Bola Tinubu urged for enhanced cooperation in combating cybercrime and terrorism during his meeting with FBI Director Christopher Wray in Abuja.
There is speculation within the cryptocurrency community that the aforementioned meeting may have influenced the legal proceedings against the Binance executives.
The Nigerian presidency shared the specifics of the meeting on X, emphasizing the importance of collaborative efforts between the two nations in combating cybercrime and terrorism.
In attendance at the meeting were various Nigerian security and law enforcement agencies, including the National Security Adviser, Mallam Nuhu Ribadu, Inspector-General of Police, Kayode Egbetokun, Director-General of the Department of State Services (DSS), Yusuf Magaji Bichi, and the Chairman of the National Drug Law Enforcement Agency (NDLEA).

Brigadier-General Mohamed Buba Marwa (Rtd), Chief of Defense Intelligence Agency (DIA), Major-General Emmanuel Undiandeye, Chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, and the National Coordinator of the National Counter Terrorism Center (NCTC), Major-General Adamu Laka, were also present.
President Tinubu advocated for increased cooperation between the FBI and Nigerian security agencies, highlighting that combating financial crimes requires a unified global effort.
The Nigerian president urged the United States government to strengthen partnerships with developing nations to combat cybercrime effectively.
President Tinubu emphasized that the United States can provide valuable expertise and technology to address sophisticated international crimes.
President Tinubu expressed gratitude for the presence of FBI Director Wray, underscoring their dedication to fighting financial crimes and terrorism.
In his address, President Tinubu acknowledged the joint efforts of both countries in combatting crimes on a local and global scale.

The president emphasized Nigeria’s leadership role in the West African region in combating economic and related crimes. He stated, “Collaboration is essential in achieving our goal of eradicating crimes. As the Chairman of ECOWAS, Nigeria is working closely with other West African nations to combat economic and related crimes.”
President Tinubu reiterated the country’s commitment to eradicating poverty through education, prioritizing educational initiatives as a means to reduce crime rates.
Following FBI Director Wray’s visit, Nigerian authorities have reportedly dropped charges against the Binance executives.
The two Binance executives, Gambaryan and Anjarwalla, have been exonerated in the tax evasion case.
Notably, Nigeria’s Federal Inland Revenue Service continues to pursue legal action against the Binance crypto exchange platform.
The Binance executives will face separate charges related to money laundering. The decision was made by Judge Emeka after Binance appointed a Nigerian representative, Ayodele Omotilewa.
The online community has speculated that Director Wray’s visit may have influenced the dropping of charges against the Binance executives.

These recent developments coincide with mounting pressure on the Nigerian government to release the detained Binance executive amid allegations of mistreatment and health concerns.
Despite the dropped charges, Tigran Gambaryan, the Binance executive and former IRS crypto crimes investigator, remains in custody.
Reports indicate that Gambaryan’s legal team is advocating for his release, asserting that the courts have established he was not a decision-maker at Binance.
His lawyers argue that Gambaryan can be released as Binance works towards resolving its issues with the Nigerian government.
American citizen Tigran Gambaryan has been detained by Nigerian authorities since February 2024, while his British-Kenyan counterpart, Anjarwalla, fled the country in March.