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    NAMA installs AFTN in 26 airports, upgrades Aero-Comms infrastructure 

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    Lagos committed to Nigeria’s $1trn economy ambition — Sanwo-Olu

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    Dangote denies owning truck that caused the Enugu accident 

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    FCCPC tackles abuses by digital lenders, violators to pay N100m fines

    Niger: Boat mishap claims 29 lives, 50 rescued, 2 still missing 

    Niger: Boat mishap claims 29 lives, 50 rescued, 2 still missing 

    Non-Oil drives Nigeria’s revenue with ₦15.69trn out of 20.59trn earned in 8 months

    Non-Oil drives Nigeria’s revenue with ₦15.69trn out of 20.59trn earned in 8 months

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    Bayern Munich agree £70.5m deal to sign Chelsea’s Jackson

    World Championship: Team Nigeria Athletes complete Gene Test

    World Championship: Team Nigeria Athletes complete Gene Test

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    Yusuf Alli gives reasons why 15 athletes will represent Nigeria at Tokyo 2025 World Championships

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    South Africa coach condemns Toyota Stadium in Bloemfontein for World Cup qualifier  against Super Eagles

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    Super Eagles kick off Uyo Camp ahead of 2026 World Cup qualifier against Rwanda

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Home In the News

Drama as Binance executive slumps in court

Ademola Damilola by Ademola Damilola
May 23, 2024
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Drama as Binance executive slumps in court
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Thursday’s proceedings in the trial of detained Binance executive Tigran Gambaryan at the Federal High Court in Abuja took an unexpected turn when the defendant collapsed. As the court registrar called for the trial to resume, Gambaryan, instead of stepping forward to the dock, remained seated at the back.

The trial judge, Justice Nwite, noticing Gambaryan’s absence, inquired about his whereabouts. A member of the defense team, seated beside Gambaryan, assisted him as they slowly made their way towards the dock. However, Gambaryan collapsed en route, and the lawyer helped him to a seat in the front row.

His lawyer, Mark Mordi (SAN), informed the court that Gambaryan was indisposed and that a written application had been submitted to notify the court of his condition. Mordi requested that the case not proceed that day.

Gambaryan had previously been absent for his arraignment on tax evasion charges brought by the Federal Inland Revenue Service, alongside his colleague Nadeem Anjarwalla (who is currently evading arrest) and their firm, Binance Holdings Limited. At the previous hearing, Justice Nwite had denied Gambaryan’s bail application, citing flight risk based on evidence presented by the EFCC, similar to that of Anjarwalla.

Gambaryan, Anjarwalla, and Binance Holdings Limited face charges of money laundering and terrorism financing filed by the Economic and Financial Crimes Commission. Gambaryan is currently held at the Kuje Correctional Centre.

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