Court Announces New Date For Binance Executive’s Trial

Justice Emeka Nwite of the Federal High Court in Abuja has scheduled a new date for the trial of Tigran Gambaryan, a detained executive of Binance.

Naija News reports that Gambaryan is facing allegations of money laundering amounting to $35.4 million, as charged by the Economic and Financial Crimes Commission (EFCC).

During the proceedings on Friday, Gambaryan’s absence was noted, and neither the defence nor the prosecution was aware of the circumstances surrounding it.

Justice Nwite temporarily adjourned the court to allow both parties to ascertain the reason for the second defendant’s non-appearance.

Upon reconvening, Justice Nwite expressed his willingness to continue with the trial, which was set to resume with cross-examination.

The prosecution counsel, Iheanacho, however, informed the court that Gambaryan was currently receiving medical treatment at a hospital and the correctional facility would provide further information.

A representative from the correctional…

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