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Alleged Money Laundering: Binance Executive’s Bail Plea Hits Roadblock

The absence of Justice Emeka Nwite of the Federal High Court Abuja has stalled the ruling in a fresh bail application filed by the detained executive of Binance Holdings Limited, Tigran Gambaryan.

The matter, which was fixed for ruling on his bail request, could not proceed on Wednesday as Justice Nwite was said to have gone for the ongoing seminar at the National Judicial Institute (NJI), Abuja.

The ruling was subsequently fixed for Oct 11.

Counsel to the Economic and Financial Crimes Commission (EFCC), Ekele Iheanacho, had on September 4, opposed the bail application moved by Mark Mordi, on Gambaryan’s behalf.

Iheanacho, who argued that the Binance executive was being given the best medical treatment by the Nigerian Correctional Service (NCoS), alleged that Gambaryan, at one time, rejected the medical intervention by the State House Clinic in Abuja.

The lawyer drew the attention of the court to the State House Clinic’s medical report.

He stated that despite that Gambaryan’s ill-health was not as bad as it was being portrayed, the report showed that the defendant was dissatisfied with the medical attention being offered and rejected it.

The anti-graft agency’s lawyer urged the court to dismiss the fresh application.

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