The Federal Inland Revenue Service (FIRS) has re-arraigned Binance on a four-count accusation of suspected tax evasion.

Binances representative in Nigeria Ayodele Omotilewa was charged on Friday before Emeka Nwite, a federal high court judge in Abuja.

Omotilewa pleaded not guilty to the four counts.

Theonlydefendantnamedintheupdatedcharge,whichwassubmittedonJune14,isBinanceHoldingsLimited.

Following the representation made by Binance, Moses Ideho, FIRSs attorney, requested a date for the trial to begin. The trial was then scheduled for October 11 by the presiding judge.

The head of financial crime compliance at Binance Tigran Gambaryan has been on trial in Nigeria for suspected tax evasion and money laundering for the past few months.

The tax accusations against Gambaryan were withdrawn by the Federal Inland Revenue Service (FIRS) on June 14.

A federal high court in Abuja dismissed Gambaryan after the FIRS validated Omotilewas designation as the firms representative.

However, the EFCC has not dropped its allegations against Binance and its management.

The anti-graft commission has charged Binance Holdings Limited, Gambaryan, and Nadeem Anjarwalla, Binances regional manager for Africa, with money laundering.

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FG re-arraigns Binance on tax evasion charges - TV360