Abuja, Oct. 11, 2024 (TheGavel) – The Federal High Court in Abuja has dismissed a fresh bail application filed by Tigran Gambaryan, an executive of Binance Holdings Limited, currently in detention. Justice Emeka Nwite ruled that the application constituted an abuse of court process, as Gambaryan had not withdrawn his pending appeal against an earlier bail ruling before filing the new motion.
Justice Nwite emphasized that Gambaryan’s challenge of the previous bail ruling at the Court of Appeal made the fresh application untenable. The court also found no evidence that the Nigerian Correctional Service (NCoS) was unable to manage Gambaryan’s health issues. The judge directed that Gambaryan be referred to a standard hospital in Abuja for two to three days but maintained that NCoS had the capacity to provide adequate medical care.
The case was adjourned until Oct. 18, Nov. 22, and Nov. 25 for continuation of trial.
The Economic and Financial Crimes Commission (EFCC), represented by Senior Advocate of Nigeria (SAN) Ekele Iheanacho, opposed the bail application, arguing that Gambaryan had received proper medical treatment and had, at one point, refused care at the State House Clinic. Iheanacho urged the court to dismiss the application, noting that the NCoS had been responsive to Gambaryan’s medical needs.
The EFCC is prosecuting Binance Holdings Limited and Gambaryan on charges of money laundering. (NAN)
Dear readers, we really need your support to keep on serving you with authoritative, truthful, and juicy stories everyday. For your support, please reach out to the editor @gavelinternational66@gmail.com