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

Ombugadu Explains APC Defection as Women’s Group Declares Support for Tinubu

From Abel Zwanke, LafiaFormer Peoples Democratic Party (PDP)...

EFCC Arraigns Four in Lagos Over Alleged N91.7m Theft and N3.4m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

TCN Begins Construction of 330kV Transmission Line at Ihovbor to Boost Power Supply

By Jabiru HassanThe Transmission Company of Nigeria (TCN)...

Dangote Refinery Supplies 92% of Nigeria’s Petrol as FG Halts Imports

The Nigerian Midstream and Downstream Petroleum Regulatory Authority says...

Bayelsa Correctional Centre Registers Team for 2026 Prosperity Cup

The Bayelsa State Correctional Centre has registered a football...

Ombugadu Explains APC Defection as Women’s Group Declares Support for Tinubu

From Abel Zwanke, LafiaFormer Peoples Democratic Party (PDP)...

Basketball Promoter Igoche Mark Applauds D’Tigress After Victory Over Philippines

Nigerian basketball promoter Igoche Mark has congratulated the national...

NAWOJ Bayelsa Calls for More Leadership Roles for Women Journalists

The Bayelsa State chapter of the Nigeria Association of...

Delta PDP Congress Draws Large Turnout as Peter Mrakpor Emerges State Chairman

By Anne AzukaSupporters of the Peoples Democratic Party (PDP)...

Fire Damages More Than 10 Shops at Jos Terminus Market

By Israel Adamu, JosA late-night fire incident damaged more...

Plateau Government Condemns Kanam Ambush, Honours 20 Fallen Security Personnel

By Israel Adamu, JosThe Plateau State Government has condemned...

NEMA Warns Nigerians Against Fire Disasters, Heat-Related Health Risks

By Joyce Remi-BabayejuThe National Emergency Management Agency (NEMA) has...

Related Articles

Popular Categories

spot_imgspot_img