Home News Finance Ruling on Binance Executive’s Bail Application Postponed due to Judge’s Absence
FinanceNews

Ruling on Binance Executive’s Bail Application Postponed due to Judge’s Absence

459

The ruling on the bail application of Tigran Gambaryan, a detained executive of Binance Holdings Limited, was postponed on Wednesday due to the absence of Justice Emeka Nwite of the Federal High Court in Abuja. The judge was reportedly attending a seminar at the National Judicial Institute. This led the court to reschedule the ruling for October 11.

The Economic and Financial Crimes Commission (EFCC) had earlier opposed Gambaryan’s bail application. EFCC’s counsel, Ekele Iheanacho, argued on September 4 that the Nigerian Correctional Service (NCoS) had been providing Gambaryan with adequate medical care, including treatment at multiple hospitals like the State House Clinic.

He further said Gambaryan’s health issues were being exaggerated and that the NCoS could provide any necessary care within Nigeria. In response, Gambaryan’s lawyer, Mark Mordi, pressed the court to grant bail on liberal terms or for six weeks. Mordi stated that medical reports indicated that Gambaryan’s health challenges required treatment that could not be adequately provided within Nigeria.

The court will now rule on the bail application on October 11.

Read More:

About The Author

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NewsTechnologyTravel

Burkina Faso Launches AES Biometric Identity Card, Strengthening Sahel Integration

Burkina Faso has taken another decisive step toward regional integration with the...

FinanceNewsWorld

Blue Gold Secures $140 Million to Revive Ghana’s Bogoso-Prestea Mine

Blue Gold Limited has secured $140 million in new funding to restart...

EducationNews

Russia Strengthens Ties with Burkina Faso through New Open Education Centre in Ouagadougou

A new Russian Open Education Centre has been inaugurated in Ouagadougou, marking...

NewsPoliticsWorld

Tanzania Opposition Deputy Leader Charged with Terrorism as Post-Election Clampdown Deepens

An official from Tanzania’s main opposition party, Chama cha Demokrasia na Maendeleo...