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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.


 

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FAAN Breaks Silence on Claims Over Uber’s Departure From Nigeria

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Since Uber exited Nigeria, rumours have been circulating over why the company left the country. One of the claims suggested that FAAN was part of the reason for the exit.

The Federal Airports Authority of Nigeria (FAAN) has now addressed the rumours and claims of its involvement in Uber’s decision to leave Nigeria.

FAAN said it could not speak for Uber’s decision, noting that the company likely had its own economic and regulatory considerations for leaving Nigeria.

FAAN’s Managing Director, Olubunmi Kuku, said “I can’t speak to Uber’s exit from Nigeria. I am sure they have their own economic and regulatory decisions as to why they chose to exit.”


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FG Empowers 500 Women and Youths With Agricultural Skills In Ogun State

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The Federal Government trains 500 women and youths in food production and agriculture. The programme was started to support food security.

The Federal Ministry of Agriculture and Food Security partnered with the National Horticultural Research Institute (NIHORT).

The women and youths were taught tomato, okra and Telfairia production techniques. The government believes this will help boost agriculture, improve food production and strengthen the economy in Ogun State.


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Fuel Prices Continue to Drop Across Some Nigerian Filling Stations

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According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.

The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.


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