Breaking News
JUST IN: Court Denies Bail for Binance Official Amid Money Laundering Charges
The Federal High Court in Abuja has rejected the bail application of Tigran Gambaryan, an official of Binance Holdings Limited, who is facing charges of money laundering.
Justice Emeka Nwite delivered the ruling on Friday, stating that there was a high risk of Gambaryan fleeing if granted bail. The decision aligns with arguments presented by prosecuting lawyer Ekele Iheanacho, who highlighted the recent escape of Gambaryan’s co-defendant, Nadeem Anjarwalla, Binance’s Regional Manager for Africa.
More details to follow….
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