Anti-corruption and elections / EFCC
Alleged $34.4m Fraud: Court Refuses Binance Executive Bail as EFCC Presents First Witness
Justice Emeka Nwite of the Federal High Court, Abuja, on Friday 17, May 2024, threw out a bail application filed by Tigran Gambaryan, Binance executive and second defendant in an alleged tax evasion, currency speculation and money laundering case to the tune of $34,400,000 (Thirty-Four Million, Four Hundred Thousand United States Dollars). Ruling on the bail application filed on April 8, 2024 by defence counsel, Mark Mordi (SAN), the judge held that the defendant had no respect for the Constitution of the Federal Republic of Nigeria, adding that shortly after his arraignment on April 8, 2024,
No file is held for this record yet. The catalogue entry and the link to where it was published are kept.