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

831

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Your email address will not be published.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

News

Tinubu Flags Off N27.6 Billion Abuja Road Project Amid Criticism of High Cost, Regional Neglect

President Bola Tinubu, represented by Speaker of the House of Representatives Tajudeen...

NewsPoliticsWorld

Hungarian Parliament Votes to Remove President, Former Orban Ally Forced Out

Hungary’s parliament has voted to remove President Tamas Sulyok, a close ally...

NewsPoliticsSecurity

Tinubu Insists on Reintegrating Ex-Terrorists Despite Senate Rejection and Public Outrage

Just one week after the Senate passed a resolution demanding an immediate...

FinanceNewsWorld

Burkina Faso Takes Full State Control of $68 Million Gold Mine, Marks Shift Away from Foreign Miners

Burkina Faso’s military-led government has granted an industrial mining permit to its...