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

330

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Your email address will not be published.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

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...