Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Binance Executive’s Lawyer Questions EFCC’s Failure to Produce Evidence

Published 04/24/2024, 07:51 PM
Updated 04/24/2024, 08:15 PM
Binance Executive’s Lawyer Questions EFCC’s Failure to Produce Evidence

  • Binance executive Tigran Gambaryan’s bail hearing has been postponed till May 17.
  • Lawyer Mark Mordi requests Justice Emeka Nwite to release Gambaryan from custody.
  • EFCC counsel E. Iheanacho argues that the bail will be a grave risk as Gambaryan has no acquaintance in Nigeria.

Recent reports revealed that Binance Executive Tigran Gambaryan’s bail hearing has been postponed to May 17, 2024. On Tuesday, the Federal High Court, Abuja, fixed the date for the hearing, following the defendant’s request to leave the notorious Kuje prison.

Gambaryan’s lawyer, Mark Mordi, requested Justice Emeka Nwite to issue the defendant’s bail arguing that the Nigerian authority has failed to produce credible evidence for their claims. He stated,

“There is no exhibit or document displaying EFCC’s credible intelligence…There is no way any reasonable court can come to a conclusion on evidence such as this.”

However, Economic Financial Crimes Commission (EFCC) counsel E. Iheanacho argued that the Binance executive’s bail would be a grave risk as the defendant has no acquaintance in Nigeria. Iheanacho claimed that Gambryan tried to apply for a new US passpo…

The post Binance Executive’s Lawyer Questions EFCC’s Failure to Produce Evidence appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.