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

927

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Your email address will not be published.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

EditorialNewsWorld

How Lagos’ Dirty Culture Followed Tinubu to Abuja

When President Bola Tinubu moved from Lagos to Abuja in 2023, many...

NewsTravelWorld

Chad to Grant Visa-Free Entry to All African Citizens From January 1, 2027

Chad has announced that it will abolish entry visa requirements for all...

News

Umahi Claims Abuja-Kano Road Will Be Completed by November, Despite Years of Delays and Ballooning Costs

The Minister of Works, David Umahi, has announced that the remaining 164...

NewsPolitics

Guinea-Bissau Junta Leader Makes First Foreign Trip to Chad Amid Diplomatic Isolation

Guinea-Bissau’s transitional leader, General Horta N’Tam, travelled to Chad on Monday for...