NewsOnline Nigeria reports that the Federal High Court in Abuja has dismissed the bail application filed by an official of Binance Holdings Limited, Tigran Gambaryan, being tried for alleged money laundering offences.
This Nigeria news platform understands that Justice Emeka Nwite held that there was a likelihood that Gambaryan would jump bail.
Justice Nwite agreed with prosecuting lawyer, Ekele Iheanacho that, with the earlier escape of Gambaryan’s co-defendant, Nadeem Anjarwalla (the Binance Regional Manager for Africal) from custody, it would be unwise to grant bail to Gambaryan.
Details shortly…
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