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

373

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Your email address will not be published.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

FinanceNews

Nigeria: There’s No Legal Basis To Seizure of Osun Local Government Allocation – Adeleke Tells APC-Led FG

Governor Ademola Adeleke of Osun State has called on President Bola Tinubu...

News

Mali’s Supreme Court Orders Detention Of Former Prime Minister Choguel Maïga

Mali’s  Supreme Court on Tuesday ordered the detention of former transitional government...

Niger official language
NewsSecurity

Niger Ends Intelligence Partnership with Morocco Over Suspected French Infiltration

Niger authorities have suspended an intelligence-sharing agreement with Morocco, citing suspicions of...

Quaterly Budget Report
FinanceNews

Tinubu’s Budget Office Fails To Publish Q1 And Q2 2025 Budget Performance Reports, First Delay In 15 Years

For the first time since 2010, Nigeria’s Budget Office of the Federation...