Wednesday, April 15, 2026
  • About
  • Advertise
  • Careers
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries
  • Login
No Result
View All Result
Home News

Nigeria: Court Denies Binance Executive Gambaryan Bail

Nurat  Uthman by Nurat  Uthman
October 11, 2024
in News
0
Nigeria: Court Denies Binance Executive Gambaryan Bail
0
SHARES
36
VIEWS
Share on FacebookShare on Twitter

by Nurat Uthman

Justice Emeka Nwite of the Federal High Court in Abuja on Friday refused the fresh bail application of the detained Binance Holdings Executive, Tigran Gambaryan.

Related posts

Ramaphosa Taps Former Apartheid-Era Negotiator Roelf Meyer as New U.S. Ambassador

Ramaphosa Taps Former Apartheid-Era Negotiator Roelf Meyer as New U.S. Ambassador

April 15, 2026
Togo Pushes UN to Abandon Mercator Map for Projection Showing Africa’s Real Scale

Togo Pushes UN to Abandon Mercator Map for Projection Showing Africa’s Real Scale

April 15, 2026

Gambaryan’s lawyer, Mark Mordi (SAN), previously argued on September 4 that his client’s health is “perilous.”

He stated that Gambaryan required surgery for a herniated disc and psychiatric care due to depression and anxiety.

Mordi requested a six-week bail for Gambaryan to seek proper medical attention outside the prison, citing inadequate care in custody.

The Economic and Financial Crimes Commission’s lawyer, Ekele Iheanacho, objected to the defence’s claims, arguing that they exaggerated the severity of Gambaryan’s condition.

He contended that the second defendant could receive treatment while detained at Kuje Correctional Facility, asserting that his health was not serious enough to warrant bail.

Iheanacho noted that Gambaryan had been taken to top medical institutions, including the State House Clinic and Nizamiye Hospital, and that a medical report from the State House Clinic indicated he had refused medication and treatment.

He further stated that reports from Nizamiye Hospital showed Gambaryan received comprehensive care and had exhibited no health deterioration.

Iheanacho reiterated that it had not been demonstrated that Gambaryan’s health condition could not be managed by the Nigerian Correctional Service.

He stated, “Experts have been engaged, and the NCS is taking care of him. The results so far show no serious illness. Complaints have been sent to the National Security Adviser.”

In his ruling on the motion for bail on medical grounds, Justice Nwite rejected the request, noting that “renowned Nigerian medical experts are already managing the second defendant’s health.”

However, he ordered the Nigerian Correctional Service “to refer Gambaryan to a standard hospital in Abuja for treatment for three days to two weeks under security supervision.”

The matter was subsequently adjourned till October 18, 2024, and November 22 and 25, 2024, for the continuation of trial.

Gambaryan is facing $35.4 million in money laundering charges brought against him by the EFCC.

Tags: BailBinanceCourt
Previous Post

Summit in Asmara Fuels Regional Tensions as Egypt, Somalia, and Eritrea Discuss Strategic Cooperation

Next Post

Nigeria: Ogun State Begins Sale of Subsidized Rice at ₦40,000 to Ease Economic Hardship

Next Post
Nigeria: Ogun State Begins Sale of Subsidized Rice at ₦40,000 to Ease Economic Hardship

Nigeria: Ogun State Begins Sale of Subsidized Rice at ₦40,000 to Ease Economic Hardship

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

French Embassy Launches €753,000 Plastic Waste Management Project Across Nigerian Universities

French Embassy Launches €753,000 Plastic Waste Management Project Across Nigerian Universities

2 years ago
Mali’s Military Leader Assimi Goita Granted Five-Year Term in Power

Mali’s Military Leader Assimi Goita Granted Five-Year Term in Power

9 months ago

Nigeria: Ekiti Airport Receives Approval to Begin Non-Scheduled Flight Operations

1 year ago
World Bank Approves Nigeria’s $2.25 Billion Loan Request

World Bank Approves Nigeria’s $2.25 Billion Loan Request

2 years ago

BROWSE BY CATEGORIES

  • Beautiful Cities
  • Business
  • Culture
  • Discoveries
  • Entertainment
  • Features
  • Info-Data
  • Lifestyle
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Travel
  • Uncategorized
  • Weather

POPULAR NEWS

  • BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    BREAKING: Shawwal 1446 AH Crescent Sighted in Nigeria, Sunday is Eid-el-Fitr

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Protesters Storm Lagos Assembly with Banners Reading ‘We Don’t Have a Place to Live’

    0 shares
    Share 0 Tweet 0
  • Nigeria: (VIDEO) Popular ‘The New Masquerade Actress’ Ovularia Dies at 81

    0 shares
    Share 0 Tweet 0
  • Finding the Right Balance Between Product-Led Growth and Project Delivery – Ese Onogoro

    0 shares
    Share 0 Tweet 0
  • EXCLUSIVE: Nigeria High Commission in London Faces Backlash Over Use of Redeemed Churches for Passport Exercise

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2023 AAN TV - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Features
  • News
  • Sports
  • Entertainment
  • Weather
  • Info-data
  • Beautiful Cities
  • Discoveries

© 2023 AAN TV - All rights reserved.