Court fixes May 17 for ruling on Binance executive’s bail plea

Justice Emeka Nwite fixed the date after counsel for the Economic and Financial Crimes Commission and Gambaryan’s lawyer, Mark Mordi, SAN, adopted their processes and argued their case against…

The EFCC had accused Binance Holdings Limited, Gambaryan and Nadeem Anjarwalla, another agent of the company, of allegedly conspiring amongst themselves to conceal the origin of the financial proceeds of their alleged unlawful activities in Nigeria, including $35,400, 000. He contended that Gambaryan attempted to apply for a new United States passport while in detention knowing fully well his International passport was seized by the Nigerian state.

He said going by the deposition in their counter affidavit, the deponent was one of the investigative team that investigated the case.In the alternative, he advised the court to return the applicant to EFCC custody if the judge decides to grant him bail.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

Lagos State Government, yesterday, said that about 856,680 traffic infractions were captured by the state’s automatic number plate recognition cameras. The Lagos State Public Service Joint Negotiating Council has strongly condemned the recent layoff of over 370 workers from the Lagos State Water Corporation .

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