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

1.3k

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Your email address will not be published.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

NewsSports

Somalia Accuse Ghana of Intimidation After Security Officials Halt Training Session

Somalia’s national football team has accused host nation Ghana of intimidation after...

NewsPolitics

Former INEC Commissioner Okoye Admits Voter Register Is Fake and Dirty, Says Nigeria Must Use It Anyway

A former National Commissioner of the Independent National Electoral Commission, Festus Okoye,...

NewsSportsWorld

CAF Moves 2026 Awards Ceremony Forward to December 2 in Lagos

The Confederation of African Football has rescheduled the 2026 CAF Awards ceremony...

NewsWorld

Burkina Faso Pivots to Germany for Development Partnership After Severing Ties With France and Aligning With Russia

Burkina Faso has officially partnered with Germany on a major development initiative,...