A Federal High Court in Abuja has denied the bail application of Tigran Gambaryan, an executive at the cryptocurrency firm Binance Holdings Limited.
In the ruling delivered on Friday, Justice Emeka Nwite stated that after carefully reviewing the application, he concluded that Gambaryan would likely jump bail if it were granted.
Gambaryan, along with his company and another top executive currently on the run, Nadeem Anjarwalla, faces charges from the Economic and Financial Crimes Commission (EFCC) related to money laundering and terrorism financing.
Details to follow…
