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

Groups Demand Probe of Dangote’s Corruption Allegations Against NMDPRA Boss

Civil society organisations have called on the Federal Government...

Anioma, Igbanke Communities Endorse Anioma State Creation, Seek Zoning to South-East

  By Anne AzukaA coalition of Anioma people in Delta...

NCC Reacts to Quality of Service Challenges in Abuja

Wilfred FrancisThe Nigerian Communications Commission (NCC) acknowledges the Quality...

How to Address Microaggressions in Everyday Conversations

Microaggressions are subtle, often unintentional comments or actions that...

2025 AFCON: What Late Stephen Keshi Told Me About Corruption in Team Selection – Mikel

Former Super Eagles captain and Chelsea midfielder, John Obi...

“Strengthening Financial Integrity Is a Moral Responsibility for Nigeria” — NESLAI

….As Roundtable Reviews Achievements, Challenges and Prospects of Nigeria’s...

How to Address Microaggressions in Everyday Conversations

Microaggressions are subtle, often unintentional comments or actions that...

Tinubu Meets Labour Leaders Ahead of Planned Nationwide Protest

President Bola Tinubu on Tuesday night held a meeting...

PDP Meets Former Governors, Ministers, Admits Past Mistakes

The leadership of the Peoples Democratic Party (PDP) has...

Insecurity: Police Deploy Special Forces Ahead of NLC Nationwide Protest

The Nigeria Police Force has deployed special forces and...

MAKING THE OIL AND GAS SECTOR WORK FOR CITIZENS: NUPRC RESCUE MISSION

By James ItodoThe Nigerian oil and gas sector, since...

Bruno Fernandes Reveals How Manchester United Hurt Him Last Summer

Manchester United captain Bruno Fernandes has opened up on...

Enrique Reopens Osimhen Talks as PSG Plan Major Summer Move

Paris Saint-Germain are reportedly revisiting the possibility of signing...

Related Articles

Popular Categories

spot_imgspot_img