Drama as Binance Executive Collapses in Court

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The scheduled proceeding on Thursday at the Federal High Court in Abuja took a dramatic turn when Tigran Gambaryan, a detained executive of Binance, collapsed in the courtroom.

Unexpected Incident

The incident occurred shortly after the court registrar called upon the case for the continuation of the trial. Contrary to expectations, Gambaryan did not step forward to the dock and remained seated at the back of the courtroom.

Judge’s Concern

Justice Nwite, the trial judge, inquired about Gambaryan’s whereabouts. One of Gambaryan’s defense lawyers, who was seated next to him, assisted him towards the dock. However, as they approached, Gambaryan collapsed, and the lawyer helped him to sit in the front row.

Health Concerns

Gambaryan’s lawyer, Mark Mordi (SAN), informed the court of his client’s health issues, stating, “My lord, the case may not certainly proceed today.” He also mentioned that a written application had been filed to notify the court of Gambaryan’s indisposition.

Proceedings Halted

Throughout the proceeding, Gambaryan rested on the arm of his chair. His collapse led to the stalling of the trial, which had already faced delays. Previously, Gambaryan had been absent for his arraignment on tax evasion charges filed by the Federal Inland Revenue Service against him, his colleague Nadeem Anjarwalla (currently on the run), and Binance Holdings Limited.

Previous Court Decision

In the last sitting, Justice Nwite had dismissed Gambaryan’s bail application, citing that the Economic and Financial Crimes Commission (EFCC) established he posed a flight risk similar to Anjarwalla.

Charges and Remand

Gambaryan, Anjarwalla, and Binance Holdings Limited face charges of money laundering and terrorism financing brought by the EFCC. Gambaryan is currently remanded at Kuje Correctional Centre.

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