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

Spendify Unveils Bukunmi “The Preacher” and Iffy Adelani as Lead Brand Ambassadors

By Noah OcheniSpendify, an African financial technology platform, has...

Nigeria Poised to Lead Africa’s Digital Trade Future — Afreximbank

Nigeria is strategically positioned to drive Africa’s emerging digital...

Gov Mbah Launches Hi-tech Drones, Equipment, Patrol Vans to Boost Security

_...No hiding place for criminals – Enugu Security Trust...

Happy Birthday, Pharmacist Ahmed Ibrahim Yakasai (Kachallan Kano) at 65

 By Kabir Saidu Danladi Funtua As the month of December...

Senator Dafinone Urges Delta’s UPU Leaders to Promote Unity, Peace, and Development

By Anne AzukaSenator Ede Dafinone, representing Delta Central Senatorial...

Health: ANHEJ Calls for Urgent Local Funds Mobilization Amid Dwindling Foreign Funds

By Joyce Remi-BabayejuThe Association of Nigeria Health Journalists, ANHEJ,...

Igoche Mark to Honour Lagos Legends Basketball Club at Grand Abuja Reception

In recognition of their historic victory in the recently...

2027: Delta Central APC Stakeholders Reaffirm Loyalty to Tinubu, Oborevwori

By Anne AzukaLeaders and stakeholders of the All Progressives...

NYA Appoints Six State Chairmen Across South-South to Strengthen Youth Mobilisation

By Jabiru HassanThe Office of the National Vice President...

Miaphen Calls for Calm Over Gov. Mutfwang’s Rumoured Defection to APC

By Israel Adamu, JosCoordinator of the Renewed Hope Advocates...

EFCC fighting financial crimes, not persecuting people- ACE Oshodi

By Emeka Samuel,UyoThe Economic and Financial Crimes Commission, EFCC,...

Related Articles

Popular Categories

spot_imgspot_img