Nigeria: Alleged Money Laundering – Court Orders Binance Official to Remain in Detention Throughout Trial

The court’s decision came about two months after the Binance official’s colleague, Nadeem Anjarwalla reportedly escaped from a pre-trial custody in Abuja in March.

The Federal High Court in Abuja on Friday rejected a bail request by Tigran Gambaryan, a top official of Binance Holdings Limited.

The trial judge, Emeka Nwite, said Mr Gambaryan poses a flight risk if granted bail in the money laundering charges filed against him and his cryptocurrency firm by the Nigerian government.

The court’s…


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