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

717

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Your email address will not be published.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

NewsSecurityWorld

Bandits Hosted a TikTok Giveaway and Nigerians Happily Dropped Their Account Numbers

A disturbing new low has been uncovered on social media after reports...

NewsTechnologyWorld

Nigerians Debate Fairness of MTN Pricing as User Compares Costs with South Korea

A fresh debate over telecom tariffs has erupted on social media after...

NewsSecurityWorld

Mali Military Places 2 Billion CFA Bounty on Top Jihadist Leader Iyad Ag Ghaly

Mali’s military has placed a massive bounty on the head of Iyad...

EducationNewsSecurity

Concerns Rise Over Anonymous Alert of Planned Terrorist Attack on University of Nigeria, Nsukka

Tension has gripped the University of Nigeria, Nsukka following an anonymous alert...