A Federal High Court sitting in Abuja on April 08, 2024, has remanded a Binance executive, Tigran Gambaryan, in Kuje Correctional Centre, over allegations on money laundering.
The binance executive was remanded by Justice Emeka Nwite, pending when his bail application of the suspect is determined.
Justice Emeka Nwite, after Gambaryan had pleaded not guilty to the money laundering charges levelled against him by Economic and Financial Crimes Commission, EFCC, ordered that the accused be remanded.
Justice Emeka Nwite also adjourned the case till April 18, 2024, for a verdict on his bail application and May 02, 2024, for commencement of the trial.
Recall that the Federal Government of Nigeria has arraigned the Binance Holdings Limited and its two officials, Tigran Gambaryan and Nadeem Anjarwalla on allegations bordering on tax evasion and money laundering.
Meanwhile, Gambaryan’s colleague, Anjarwalla escaped from the custody of Nigerian authorities three weeks ago.
