Home News Finance Courts Rejects Bail for Detained Binance Executive, Says Nigeria Can Handle His Health
FinanceNews

Courts Rejects Bail for Detained Binance Executive, Says Nigeria Can Handle His Health

356

Tigran Gambaryan, Binance’s head of financial compliance, has been denied bail for the second time as he faces money laundering charges in Nigeria. The Federal High Court in Abuja ruled Friday that the Nigerian Correctional Service can handle his medical needs.

The ruling on Gambaryan’s bail application was postponed on Wednesday due to the absence of Justice Emeka Nwite. The Binance executive has been in detention since February and is accused of money laundering.

During the court hearing on Friday, his lawyer argued that he needed surgery outside prison, but Judge Nwite stated there was no proof the prison could not manage his health. The judge also said that Gambaryan had an ongoing appeal from a previous bail ruling, making his current request a misuse of court procedures.

The trial was adjourned to October 18 after two state witnesses were cross-examined.

Read More:

Liberia Awards Starlink One-Year License To Provide Internet Across Country

Guinea: 6.7 Kg Of Cocaine Seized From Portuguese Passenger At Conakry Airport

‘Galamsey’ – Again, Ghanaians March Against Illegal Gold Mining

About The Author

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Human RightsNews

Togolese Protesters Tear-Gassed in Their Homes as Uprising Demands President’s Resignation

Togolese youths have taken to the streets in a three-day demonstration, demanding...

FinanceNews

DR Congo, Rwanda to Sign US-Mediated Peace Deal  

The Democratic Republic of Congo (DRC) and Rwanda are set to sign...

NewsSecurity

Niger Counter-Terrorism: Four Suspects Captured in Tanda, Including Alleged Militant Leader

A high-risk counter-terrorism operation conducted on June 25 in the village of...

FinanceNews

Missing ₦210tn: Nigerian Senate Rejects NNPCL’s Retreat Excuse, Gives 10-Day Ultimatum to Appear Before Probe Panel

The Nigerian National Petroleum Company Limited (NNPCL) on Thursday failed to appear...