Nigeria Govt Drops Charges Against Binance Executive, Gambaryan

VAM News October 23, 2024 in National Tagged FG Binance Executive, Gambaryan - 1 Minute

News Update

THE Nigerian government has dropped all charges against Tigran Gambaryan, an executive at Binance Holdings, who has been facing money laundering trial from detention since April.

A lawyer representing the Economic and Financial Crimes Commission (EFCC), the prosecuting agency announced the withdrawal of the charges at the Federal High Court in Abuja Wednesday, 23rd of October, 2024.

Announcing the withdrawal of the charges, the lawyer said Mr Gambaryan, a United States citizen, was merely an employee of Binance, whose activities he was being prosecuted for.

Mark Mordi, a Senior Advocate of Nigeria (SAN) representing Mr Gambaryan, agreed with the prosecution, saying that his client was not involved in the company’s broader financial decisions.

Details later…