Tinubu’s govt drops money laundering charge against Binance executive Gambaryan
The federal government, on Wednesday, withdrew the money laundering charge filed against the detained Binance Holdings Limited’s executive, Tigran Gambaryan, due to his ill health and diplomatic intervention.
Mr Gambaryan was the 2nd defendant in the charge preferred against the cryptocurrency platform (first defendant) by the Economic and Financial Crimes Commission (EFCC).
EFCC’s counsel, R.U. Adagba, told Justice Emeka Nwite of the Abuja Division of the Federal High Court of the federal government’s decision to withdraw the charge against the detained employee because of his deteriorating health.
She, however, informed the court that the anti-graft agency would continue the charge levelled against the company, Binance Holdings Limited.
After listening to Ms Adagba and the defence counsel, Mr Nwite discharged Mr Gambaryan from the charge and adjourned the trial against the cryptocurrency firm until November 22 and November 25 for continuation of the trial.
(NAN)
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.”
Ibadan
40-year-old man arraigned for allegedly breaking into woman’s shop
The defendant pleaded not guilty to the charge.
Politics
ADC tackles Gov Lawal over N20 billion projects in Zamfara LGAs
The Zamfara chapter of the African Democratic Congress has called on Governor Dauda Lawal to account for the N20 billion in projects executed in each council area.
States
Katsina hisbah commander-general resigns
The commander-general did not state any reason for his resignation.
States
Alumni thank Tinubu, Zulum, Fintiri for supporting UNIMAID
Mr Liberty gave the commendation on Tuesday in Maiduguri.
States
Anambra: Police arrest 13 suspects, recover firearms, drugs
The police command in Anambra has arrested 13 suspects in separate operations and recovered firearms, ammunition, charms, and cult-related insignias.
World
Türkiye commiserates with Nigeria over 25 officers killed in plane crash
The government of Türkiye has condoled with Nigeria over the aircraft crash in Ondo, which killed 25 military men.
