x

Arraignment of Binance Executive Postponed Amid Service Dispute

By Milcah Tanimu

The anticipated arraignment of Binance and its official, Tigran Gambaryan, at the Federal High Court in Abuja has been adjourned until April 8. The trial judge, Justice Emeka Nwite, deferred the matter for ruling following discussions regarding the service of the charge on Binance Holdings Limited.

The proceedings were halted after objections raised by Mark Mordi, SAN, counsel for the second defendant, Tigran Gambaryan. Mordi argued against his client’s arraignment, citing the Economic and Financial Crimes Commission’s failure to properly serve Binance Holdings Limited.

Mordi clarified that his client, Gambaryan, is neither an agent nor a representative of the company in Nigeria, thus making him ineligible for service on behalf of the first defendant.

However, the EFCC’s counsel, E.E. Iheanacho, countered Mordi’s stance, asserting that Gambaryan serves as a representative of Binance Holdings Limited in the country. Despite the service being rejected, Iheanacho urged the court to proceed with entering a plea of not guilty for the first defendant and continue with the legal proceedings.

The dispute regarding service has led to the postponement of the arraignment, with further details expected to emerge as the case progresses.

Hot this week

Kogi Govt Begins Rehabilitation and Upgrade of Nine Livestock Markets Across the State

From Noah Ocheni, LokojaThe Kogi State Government has commenced...

EPL: Chelsea Beat Brentford 2-0

Chelsea recorded a hard-earned 2-0 home victory over Brentford...

The United States Loses, China Wins in Co-opting Canada into the New World Order Project

By Prof Sheriff Ghali IbrahimIt is universally acclaimed that...

Bandits Demand ₦500m Ransom for Abducted Kaduna Photojournalist, Kill One Captive

By Achadu Gabriel, KadunaArmed bandits have demanded a ransom...

National Security: Interior, Defence Ministries Call for Deeper Military–Paramilitary Synergy

By Francis WilfredThe Federal Government has reiterated its commitment...

FGN, IFAD-VCDP Host Nutrition Policy Dialogue to Improve Nutrition Outcomes in Kogi State

From Noah Ocheni, LokojaThe Federal Government of Nigeria...

Tinubu Returns to Abuja After Abu Dhabi Summit, Paris Break

President Bola Tinubu has returned to Abuja after attending...

EPL: Chelsea Beat Brentford 2-0

Chelsea recorded a hard-earned 2-0 home victory over Brentford...

AFCON 2025: Nigeria beat Egypt 4-2 on penalties to win third-place

Nigeria’s Super Eagles secured third place at the 2025...

Related Articles

Popular Categories

spot_imgspot_img