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Reading: Binance exec Tigran Gambaryan denied bail once more in Nigerian court docket
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Michigan Post > Blog > Crypto & Web 3 > Binance exec Tigran Gambaryan denied bail once more in Nigerian court docket
Crypto & Web 3

Binance exec Tigran Gambaryan denied bail once more in Nigerian court docket

By Editorial Board Published October 11, 2024 2 Min Read
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Binance exec Tigran Gambaryan denied bail once more in Nigerian court docket

Binance govt Tigran Gambaryan has been denied bail in Nigeria whereas going through cash laundering fees, on the grounds that an attraction to his first bail denial continues to be pending.

A Federal Excessive Court docket in Abuja rejected Gambaryan’s bail utility on Friday. Justice Emeka Nwite maintained that Gambaryan’s well being has not deteriorated additional since that first bail denial, and that he’s receiving acceptable healthcare whereas in detainment.

Since Gambaryan’s attraction stays open, his lawyer has no authorized floor to request bail once more. “On this leg alone, this bail application is bound to fail,” Nwite mentioned (through Nairametrics).

That is the second day in a row that Gambaryan was in court docket requesting bail. Yesterday, his court docket listening to was postponed because of Nwite blowing him off for a seminar on the Nationwide Judicial Institute.

Binance’s former head of monetary compliance says he has confronted vital well being issues whereas held in Kuje jail, additionally house to members of Boko Haram. Gambaryan has had malaria, pneumonia, tonsillitis, and a herniated disc, CoinDesk studies. Nonetheless, state prosecutors say that he has exaggerated his sickness and refused medical remedy.

The 39-year-old was arrested in February alongside fellow Binance exec Nadeem Anjarwalla, the previous regional supervisor of Africa. Nonetheless, Anjarwalla managed to flee whereas the pair had been being escorted to a mosque.

TAGGED:BailBinancecourtdeniedexecGambaryanNigerianTigran
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