Categories: News

Money Laundering: Court Remands Binance Executive In Prison

A Binance executive, Tigran Gambaryan, has been remanded in the Kuje Correctional Centre by a Federal High Court in Abuja pending the determination of his bail application.

While ruling, Justice Emeka Nwite, gave the order after Gambaryan pleaded not guilty to the money laundering charges preferred against him by the Economic and Financial Crimes Commission on Monday.

In its charge filed on March 28, the EFCC accused Binance executives of laundering about $35,400,000.

The judge, however, adjourned the case till April 18 for the ruling on his bail application and May 2 for the commencement of trial.

Sodiq Lawal

Sodiq Lawal is a passionate and dedicated journalist with a knack for uncovering captivating stories in the bustling metropolis of Osun State and Nigeria at large. He has a versatile reporting style, covering a wide range of topics, from politics , campus, and social issues to arts and culture, seeking impact in all facets of the society.

Recent Posts

Six Years Later, Pastor Adeboye Apologizes For Claiming Non-Tithers Won’t Enter Heaven (Video)

Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has…

2 hours ago

Tinubu Addresses Aminu Bayero As Emir Of Kano  (Video)

Nuhu Ribadu, the National Security Adviser (NSA), addressed Aminu Ado Bayero as the Emir of…

3 hours ago

LG Poll: Fubara Storms RSIEC Office Midnight

..Foils Alleged Attempt By Police To Cart Away Sensitive Materials The Rivers State State Governor,…

3 hours ago

Family Of Five Dies After Taking Pap In Ondo

Tragedy struck in Akure, the Ondo State capital, as five members of a family, including…

4 hours ago

I Was An Armed Robber – Odumeje (Video)

The controversial Onitsha-based cleric, Chukwuemeka Ohanaemere better known as Odumeje, has opened up about his…

4 hours ago

Oct 4: Black Market Dollar To Naira Rate

As of October 4, 2024, the exchange rate for the US dollar (USD) to Nigerian…

4 hours ago

This website uses cookies.