The absence of Justice Emeka Nwite of a Federal High Court in Abuja, on Wednesday stalled the ruling in a fresh bail application filed by the detained Binance Holdings Limited’s executive, Tigran Gambaryan. The matter, fixed for ruling on Gambaryan’s bail request, could not proceed as Justice Nwite was said to have gone for the … Read more
EFCC opposes bail for Binance executive Gambaryan, citing flight risks. Concerns raised over potential escape after co-defendant Anjarwalla flees. Legal battle unfolds at Federal High Court Abuja over money laundering allegations. EKO HOT BLOG reports that in a tense legal battle unfolding at the Federal High Court Abuja, the Economic and Financial Crimes Commission (EFCC) has … Read more
EKO HOT BLOG reports that the House of Representatives Committee on Financial Crimes is preparing to enforce its constitutional powers against Binance Holdings Limited after the company failed to attend a public hearing. The hearing aimed to address allegations of terrorism financing, money laundering, tax evasion, and other illicit activities against the digital assets exchange operator … Read more