![Binance](http://media.assettype.com/lagoslocalnews%2F2024-04%2Fb51e4f45-ce53-4a34-91db-36e2bd0e35d7%2FBinance.jpg?w=480&auto=format%2Ccompress&fit=max)
A Federal High Court in Abuja has postponed the tax evasion case involving Binance Holdings Limited and its executives," reported the Federal Inland Revenue Service, which had taken the firm to court for tax evasion.
Also named in the suit are officials of the company, Tigran Gambaryan, and Nadeem Anjarwalla, who is currently at large.
According to the suit marked: FHC/ABJ/CR/115/2024, Binance stands accused of failing to register with the FIRS for tax purposes and not issuing invoices to subscribers for the determination and payment of Value Added Taxes while offering taxable services on its trading platform.
The adjournment on Thursday was due to the FIRS' inability to serve Gambaryan, who is in EFCC custody, with the charges.
Meanwhile, the EFCC has initiated a separate money laundering case.