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

SGF Inaugurates PenCom Board, Emphasises Transparency and Accountability

By Wilfred FrancisThe Secretary to the Government of...

Hon. Jaafaru Yakubu Honored as Outstanding Politician of the Year at Potters House Network Awards

The Potters House International Network has conferred its prestigious...

CSO Alleges Fraud, Irregular Appointment in Public Service Institute of Nigeria

As part of its oversight responsibility, Empowerment for Unemployed...

Nigeria Customs, AfCFTA Secretariat Hold Talks on Simplified Trade Regime

The Nigeria Customs Service has engaged with officials of...

Kaduna Group Inaugurates LG Campaign Structures in Support of Tinubu, Uba Sani

A support group linked to Nigeria’s Minister of Defence,...

Toyin Abraham Unfollows Funke Akindele After Viral Moment at Movie Premiere

Nollywood actress Toyin Abraham has unfollowed fellow actress Funke...

12 Killed in Gunmen Attack in Jos North, Police Confirm

The Plateau State Police Command has confirmed that 12...

JUST IN: INEC Updates PDP Leadership List, Recognises New National Working Committee

The Independent National Electoral Commission (INEC) has updated its...

Top Remote Jobs Offering High Salaries as Global Demand for Digital Talent Grows

Remote work continues to expand globally, with high-paying roles...

Plateau imposes 48-hour curfew after deadly attack in Jos North

The Plateau State Government has imposed a 48-hour curfew...

Davido Says Grammy No Longer a Priority, Focuses on Authentic Sound

Nigerian music star Davido has opened up about his...

Senegal Parade AFCON Trophy Despite Title Controversy

Players of the Senegal national football team publicly paraded...

PDP Convention: Wike Calls for Inclusiveness, Unity, Renewal at PDP Convention

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

Related Articles

Popular Categories

spot_imgspot_img