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Binance Executive, Gambaryan Accuses Nigerian Government of Maltreatment

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Photo source: Google

Tigran Gambaryan, a senior executive at Binance facing money laundering charges, has raised serious allegations of mistreatment by the Nigerian government.

In a video that went viral on Monday, shared by SYMFONI, Gambaryan, who was seen using crutches, claimed that staff of the Nigeria Correctional Service had deliberately neglected him on direct orders from government officials.

“This is messed up. He was told not to assist me. This is a government directive. It’s all for show – I am an innocent man,” Gambaryan lamented in the footage.

The accusations surface after the embattled executive was arraigned before the Federal High Court in Abuja on Tuesday. Gambaryan has been at the centre of a legal dispute, with his case receiving widespread attention.

On August 28, 2024, his legal representative, Senior Advocate of Nigeria (SAN) Mark Mordi, applied for bail on his behalf.

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However, counsel for the Economic and Financial Crimes Commission (EFCC), Ekene Iheanacho, opposed the bail application.

Iheanacho argued that Gambaryan’s health condition, which he claims as a reason for bail, is not a new development.

“My Lord, I don’t wish to delve too deeply into this issue. The defendant has been living with this spinal (disk) condition for the past 12 years, long before his arrival in Nigeria. It’s not a recent ailment,” Iheanacho stated during the hearing.

Gambaryan’s wife, Yuki, also spoke out against the treatment her husband is receiving, calling the situation “entirely unjust.” In a previous statement, she revealed that Gambaryan was detained unlawfully after being invited to Nigeria under false pretences for a meeting.

The legal battle dates back to earlier this year when, in April, Justice Emeka Nwite of the Federal High Court, Abuja, ruled that Gambaryan should remain in custody at Kuje prison while awaiting the outcome of his bail application.

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This situation has escalated since February, when Gambaryan and a fellow Binance executive, Nadeem Anjarwalla, were arrested by Nigerian authorities. Anjarwalla, who is currently at large, along with Gambaryan, faces charges related to money laundering and terrorism financing.

The case has attracted significant attention both within Nigeria and internationally, raising concerns about legal procedures and treatment of foreign nationals in Nigerian custody.


 

Business

“Minimum Wage Can Buy a Bag Now” — User Claims Rice Price Falling in Nigeria

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Nigerians react as a user claims and shares that the price of rice in Nigeria is already reducing.

“Rice prices are finally dropping, minimum wage can buy a bag now. Step by step, we’re getting there. Nigeria will work in our lifetime.”

It can be noted that rice was sold at ₦85k to ₦90k, however, according to a market survey, the price of rice has dropped to ₦56k to ₦62k.


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New Telecom that Allows Minutes Instead of Airtime for Calls Launches in Nigeria

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Nigerians now have a new choice when it comes to making calls and browsing the internet. A new telecom company called LEBARA has launched in the country with a new idea. Instead of the usual airtime system that most networks use, this company is offering something different, subscribers will now buy call minutes and data directly.

What makes this different is that customers will only pay for what they actually use. If you buy 100 minutes, those minutes are yours until you use them up. If you make a call that lasts only 30 seconds, the rest of your time remains, leaving you with 99 minutes and 30 seconds. Nothing is taken away without your knowledge, and every second is accounted for.

The company is rolling out its services with the new 0724 number series, and it already has connections with all the major networks in Nigeria. This means subscribers will be able to call friends, family, and business contacts across MTN, Airtel, Glo, 9mobile and others without any problems. They have also been licensed as a Tier 5 Mobile Virtual Network Operator, which is the highest category approved by the Nigerian Communications Commission (NCC).

Company officials explained that the goal is to give Nigerians more freedom, fairness, and transparency. For years, people have raised concerns about airtime being deducted too quickly or without clear explanation. By introducing a minutes-based model, the new operator wants to end that problem once and for all. Subscribers can clearly see what they paid for, how much they have used, and what is left.


 

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Child Abuse Victim Begs Elon Musk to Stop Circulation of Abusive Content on X

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Victim of child abuse pleads and urges American billionaire and businessman, Elon Musk, to halt the spread of a link that showcases her abuse on the social media platform, X.

The victim shared as she pleaded with Musk: “Hearing that my abuse — and the abuse of so many others — is still being circulated and commodified here is infuriating.”

The victim then expressed anger and disappointment that she is still reminded of her hurtful past and pleaded that Elon stop the link as he is the owner of the platform.


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