Binance Executive Pleads Not Guilty to Money Laundering Charges, Remanded in Kuje Prison
Oluwasegun SanusiApril 8, 20241 Mins read348 
Tigran Gambaryan, an executive of Binance has pleaded not guilty to charges of money laundering brought against him by the Economic and Financial Crimes Commission (EFCC).
Gambaryan was arraigned on Monday before Justice Emeka Nwite of the Federal High Court in Abuja.
During the proceedings, Gambaryan denied the allegations levied against him, and Binance.
Following the plea, Justice Nwite ordered Gambaryan be remand in Kuje Correctional Centre, pending the determination of his bail conditions.
The matter was adjourned to April 18 for the ruling on Gambaryan’s bail application, which holds significant weight in determining his immediate fate.
Subsequently, May 2 has been earmarked for the commencement of the trial, where the intricacies of the allegations and Gambaryan’s defense will be thoroughly scrutinised.
Recall, Tigran Gambaryan was detained by the government alongside Nadeem Anjarwalla, the regional manager for Binance in Africa, however, Anjarwalla escaped from security custody in Nigeria using a smuggled passport, the office of Nigeria’s National Security Adviser had announced.
About The Author
Related Articles
Fake Gynecologist Promoted To CMD, Accused Of Fraudulent IVF Procedures, Faces Charges of Forgery, Impersonation in Abuja
A woman accused of illegally practising as a gynaecologist and performing medical...
Ghana Increases National Daily Minimum Wage, Public Sector Salaries By 10 Per Cent
The Government of Ghana has approved a 10 per cent increase in...
Niger Awards 2 Mining Permits To National Companies For Copper And Uranium Extraction
The Nigerien government has awarded two new mining permits to national copper...
CSS Unveils Official Flag After Exit from ECOWAS
The Confederation of Sahel States (CSS) unveiled its flag today in a...