Sending Tigran Gambaryan to Kuje prison ‘outrageous’; Nigerian government should free him for negotiation: Binance
World’s largest cryptocurrency trading platform, Binance, says the detention of its official, Tigran Gambaryan, in Kuje Prison is outrageous and called on Nigerian authorities to free him.
“We are deeply disappointed that Tigran Gambaryan, who has no decision-making power in the company, continues to be detained,” Binance said in a statement on Monday. “It’s outrageous that he would be remanded in a prison such as Kuje Correctional Facility.”
Binance said “charges against Gambaryan are meritless,” adding that he should be freed while the firm continues negotiations with the Nigerian government.
On Monday, the Abuja Division of the Federal High Court declined Mr Gambaryan’s oral application to change his holding facility from Kuje prison to the custody of the Economic and Financial Crimes Commission (EFCC).
Mr Gambaryan, a United States citizen who heads Binance’s financial crime compliance department, pleaded not guilty to a five-count money laundering charge on Monday.
Following the court ruling, Mr Gambaryan will remain in Kuje prison until the court reconvenes to determine whether or not he should be released on bail and possibly provide a list of conditions for the bail, if granted. The matter is scheduled to proceed to trial on May 2.
Last week, Binance revealed that Mr Gambaryan trained 70 Economic Financial Crimes Commission officials and helped the antigraft agency recover $400,000 for Nigeria before National Security Adviser Nuhu Ribadu ambushed and arrested him and Nadeem Anjarwalla while on an official visit to Nigeria.
Mr Anjarwalla, Binance’s Africa regional manager, escaped from lawful custody on March 22 and flew out of the country.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Heading 2
Uba Sani eulogies deputy’s late father at three-day prayer
Mr Sani stated, “His death will affect not only his immediate family but all of us who have come to regard him as our father.”
World
Ethiopian, Turkish presidents explore ways to strengthen bilateral ties ahead of COP32
The leaders explored ways to deepen cooperation between their countries, building on their existing partnership and shared priorities.
NationWide
Atiku support group protests alleged non-release of ADC judgment’s CTC, writes CJN, others
The protesters said they would do everything possible to defend democracy and ensure the independence of the judiciary.
States
Truck driver in court for alleged reckless driving, causing fatal crash
The defendant pleaded not guilty to the charge.
Politics
Aides donate vehicles, motorcycles, 7,000 wrappers for Gov Idris’ re-election
Mr Idris thanked the aides, describing the donation as a remarkable demonstration of solidarity, unity and collective commitment.
Education
UNIOSUN mandates drug tests for all students
UNIOSUN made drug tests compulsory for all returning students before the 2026/2027 academic session starts.
