Binance executive Gambaryan slumps in court
There was a mild drama at the Abuja Division of the Federal High Court on Thursday, as detained Binance executive Tigran Gambaryan, who is facing a money laundering charge, slumped in court.
The development occurred shortly after the matter was called for trial continuation before Justice Emeka Nwite.
When the court registrar called the case, Mr Gambaryan did not step forward to the dock from the back row where he was seated.
The judge then asked where the second defendant (Mr Gambaryan) was, and one of the lawyers on the defence team, who sat beside him, held him by the side towards the dock.
As they walked slowly to the dock, Mr Gambaryan fell down, and the lawyer assisted him into a front-row seat.
His lawyer, Mark Mordi, explained to the court as soon as the matter was called why his client could not stand.
Mr Mordi said Mr Gambaryan had been indisposed, and a written application letter had been filed to notify the court of his failing.
“My lord, the case may not certainly proceed today,” he said.
Throughout the proceeding, the cryptocurrency firm’s agent rested on the arm of the seat where he was sitting.
The judge had, on May 16, dismissed Mr Gambaryan’s bail application on the ground that the EFCC had been able to establish that the defendant, who is currently being remanded at Kuje Correctional Centre, would jump bail if granted.
The Federal Inland Revenue Service (FIRS) filed an alleged tax evasion charge against Binance Holdings Limited and Mr Gambaryan on Wednesday, but the case could not proceed because Gambaryan was absent from court.
(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
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.”
States
Olubadan lauds Tinubu on release of Oriire kidnap victims, urges rehabilitation
“As a follow-up to this development, the government must ensure that all communities bordering the National Park are fully secure,” he said.
Heading 1
Iran’s new supreme leader vows revenge over father’s assassination by U.S.-Israeli forces
“We pledge to avenge the blood of the martyred leader and all the martyrs of these two wars from the criminal and disgraced killers,” he said.
Heading 4
Trump administration subpoenas New York Times journalists over Air Force One story
The subpoenas seek to compel the reporters to testify before a federal grand jury in Manhattan.
Heading 2
Klopp agrees to replace Nagelsmann as Germany coach
Nagelsmann resigned last week as the men’s national team coach following Germany’s shocking exit from the 2026 FIFA World Cup.
Health
FG expands cancer funding, local drug production
“We are trying to domesticate expensive treatments by producing much-needed medicines locally and translating global research into action in our clinics,” he said.
Heading 3
Remi Tinubu begs Asake, Davido, Burna Boy to come rescue poor Nigerians from hunger
The first lady stated that buying exotic cars is good, but noted that the singers can still establish foundations to assist the struggling population.
