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

952

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Your email address will not be published.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

FinanceNewsWorld

Ghana Mineworkers Demand Release of $34.5 Million in Savings Frozen Since 2017 Bank Clean-Up

Ghana’s mineworkers have petitioned the central bank to release more than 380...

News

Kangimi Dam Cracks Worsen Under Tinubu After Years of Warnings and Neglect by Past Governments

The Niger State Emergency Management Agency has raised an urgent alarm over...

NewsSports

Gusau Begs FIFA to Save NFF as Government Moves to Sack Board Over String of Failures

NFF President Ibrahim Musa Gusau has written to FIFA, appealing to the...

EditorialFinanceWorld

How Dangote Sells Fuel and Cement Cheaper Abroad While Nigerians Pay More

Aliko Dangote has built a business empire that dominates Nigeria’s fuel and...