Operatives of the Economic Financial Crime Commission (EFCC) have formally produced Tigran Gambaryan, an executive of Binance Ltd, before the Federal High Court sitting in Abuja presided over by Justice Emeka Nwite.
Binance, Gambaryan and Nadeem Anjarwalla, are facing five counts-charge bordering on money laundering and foreign exchange Infractions to the tune of $35.4 million filed against them by the EFCC.
The Federal Inland Revenue Service (FIRS), on its part, sued the defendants for alleged tax evasion in a separate suit.
Gambaryan’s lawyer, I. Chukwuka SAN told Justice Nwite that his client cannot be arraigned because he has not been served with the FIRS charges.
But the FIRS counsel, Moses Idem opted to serve him in open court on the grounds that the bailiff of the court has been unable to effect service.
However, the FIRS counsel urged the court to give the Binance executive time to liaise with his lawyer in respect of the charges.
He also asked for an adjournment.
The Binance executive’s lawyer did not object to the call for adjournment
Subsequently, the judge adjourned to April 19 for arraignment in the FIRS case.
Details shortly…
