Business

Court Adjourns Money Laundering Suit Against Binance Executive 

On April 23, the Federal High Court Abuja after listening to the arguments between the prosecution counsel and that of Gambaryan fixed May 17 to rule on his request.


2nd May 2024 02:45 PM

A Federal High Court sitting in Abuja on Thursday, has adjourned till May 17 for the continuation of trial in the money laundering suit filed against Binance Holdings Limited and two of its executives, Tigran Gambaryan and Nadeem Anjarwalla.

At today’s proceedings, counsel to the defendant, Tony Krukrubo, had informed the court that he was yet to be served the additional proof of evidence.

The court bailiff however told the court that efforts made by him to serve Gambaryan the documents in Kuje prison on April 30 were met with vehement refusal by him to receive the service.

He added that Gambaryan had told him to serve the documents on the first defendant’s (Binance Holdings Limited) lawyer since the first defendant now has legal representation of its own.

The trial judge, Justice Emeka Nwite, ordered that Binance’s counsel be served the documents in court.

The matter was subsequently adjourned after the service.