WATCH THE VIDEO HERE The Federal High Court in Abuja has discharged Binance executive Tigran Gambayran from money laundering charges filed by the Economic and Financial Crimes Commission (EFCC). Justice Emeka Nwite discharged Gambayran on Wednesday on health grounds, corroborated by the EFCC. The EFCC informed the court that the case could not proceed on the last adjourned date due to Gambayran’s health condition, which, according to him, the state has managed effectively. The Commission stated that a report from the Nigerian Correctional Service, through the Office of the National Security Adviser (NSA), now indicates that Gambayran’s health has deteriorated to the extent that he can hardly walk without the assistance of a wheelchair, in addition to suffering from other health issues. In open court, the EFCC acknowledged that Gambayran needs to undergo surgery and that the surgery and recovery will take some time, potentially impacting the pace of the trial. Ruling on the EFCC’s application on Wednesday, Justice Nwite struck out the money laundering charge against Gambayran. “The application of the prosecution’s counsel is granted as prayed, having reviewed the circumstances of the charge. The second defendant is hereby discharged.” Nwite subsequently ordered the immediate release of Gambayran from the Nigerian Correctional Service, Kuje. The Court then adjourned till November 22 for continuation of EFCC’s trial of Binance. The court’s ruling ends the detention of the Binance employee, whom the EFCC accused of playing a role in foreign exchange contravention. Backstory However, Gambaryan’s family continued to raise concerns about his health while urging the EFCC to release him and pursue its case against Binance.
Nigerian Court discharge sick Binance Executive Tigran from EFCC’s money laundering case
