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

China, Africa Launch 2026 Year of People-to-People Exchanges in Addis Ababa

The 2026 China–Africa Year of People-to-People Exchanges was officially...

DSS Urges Nigerians to Reawaken Security Consciousness to Enhance Personal Safety

By Noah Ocheni, LokojaThe Department of State Services (DSS)...

Beyond Rituals: Inside China’s Africa First Diplomacy

By Charles OnunaijuThe tradition of choosing Africa first in...

Wike Approves Promotion Of Over 2,000 FCTA, FCDA Workers

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

Presidential Tax Committee Commends Kogi’s Progress in Tax Reform

From Noah Ocheni, LokojaThe Presidential Committee on Fiscal Policy...

FG Inaugurates 24- Member Committee to Strengthen Power Supply Across Health Facilities

By Joyce Remi-BabayejuThe federal government has inaugurated a 24-member...

Wike Approves Promotion Of Over 2,000 FCTA, FCDA Workers

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

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

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

Presidential Tax Committee Commends Kogi’s Progress in Tax Reform

From Noah Ocheni, LokojaThe Presidential Committee on Fiscal Policy...

PANDEF Reconciliation Committee Urges Calm, Forgiveness in Rivers State Crisis

By Wilfred FrancisAbuja, Nigeria - The PANDEF Reconciliation Committee,...

Group faults Gov Eno for APC flag at Uyo Town Centre

By Ogenyi Ogenyi, .UyoAn advocacy group in Akwa Ibom,...

U.S. Foreign Policy Shifts and Their Implications for Global Geopolitics

By Michael OnjewuIn an era where multilateralism is increasingly...

Related Articles

Popular Categories

spot_imgspot_img