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Binance Urges Release of Detained Executive Tigran Gambaryan, Offers to Resolve Issues with Nigeria
On Tuesday, Binance Holdings Limited announced its willingness to address and resolve any alleged past issues with the Nigerian Government.
The cryptocurrency trading platform made this declaration in response to the ongoing legal troubles facing its executive, Tigran Gambaryan, who was detained and arraigned at the Federal High Court in Abuja on Monday on charges of money laundering.
Binance has called on the Nigerian Government to release Gambaryan, who appeared in court under distressing conditions.
According to reports, Gambaryan was denied a wheelchair and had to navigate the courtroom on crutches, visibly suffering from pain.
His legal team had submitted a new bail application based on medical grounds and the claim of restricted access for trial preparations.
However, the Economic and Financial Crimes Commission (EFCC) opposed this bail application.
Binance condemned the Nigerian Government’s handling of Gambaryan, highlighting a video circulating online that depicts his mistreatment and suffering.
The company expressed deep concern over his deteriorating health and the impact of his continued detention.
In response to these developments, the judge has ordered that Gambaryan be permitted to use a wheelchair, with a further bail hearing scheduled for September 4.
In its statement, Binance emphasized its commitment to resolving past issues through constructive dialogue, referencing its recent resolutions with Brazil and India as examples of how historical disputes can be settled effectively and legally.
The company stated, “Nigeria does not need to keep Tigran in detention to address any alleged issues.
We continue to urge the Nigerian Government to allow Tigran to return home so we can proceed with our engagements. This aligns with the international standards for business practices and legal resolutions.”
Binance’s appeal underscores its desire for a resolution that respects legal standards and ensures fair treatment, reflecting its broader commitment to addressing regulatory matters through dialogue and legal compliance.
Nigerian pastor and overseer of the Citadel Global Community Church, Pastor Tunde Bakare, addresses and reacts to the current happenings of the country regarding the kidnapping and the abductions.
The pastor urges the government on steps they can take to solve and help the people of the country. “The Nigerian government has a clear and urgent duty to protect these Middle Belt communities, who have carried the weight of violence for far too long.”
“Rather than play the ostrich and cover up clear terrorism as mere farmer-herder clashes, the Nigerian state has a responsibility to invade the camps of armed marauders who hide under the cloak of herdsmen of whatever ethnicity, and who invade defenceless communities and gleefully massacre unarmed men, women and children.”
US President Donald Trump criticizes the Nigeria government once again after the increase of insecurity over the past few days. The president stated that the government is failing to protect Christian communities from the attacks going on.
“Nigeria is a disgrace. The whole thing is a disgrace,” Trump said. “They’re killing people by the thousands. It’s a genocide, and I’m really angry about it. And we pay, you know, we give a lot of subsidies to Nigeria. We’re going to end up stopping.”
Former Vice President Atiku Abubakar speaks out against the rising insecurity in the country. He urged the government to take action and claimed that it is not too late to declare a state of emergency.
He reacted after another news of abduction of students was announced on the 21st of November.
“How many more lives must be shattered before decisive action is taken? It is not too late for the government to finally declare a state of emergency on insecurity and confront this menace with the urgency it deserves.”
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