Court reserves ruling on Binance executive’s fresh bail application

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Court reserves ruling on Binance executive’s fresh bail application
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The Binance executive, who was previously denied bail by the trial court a few months ago, is standing trial along with the company in Abuja on money laundering charges.

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Mr Gambaryan, previously denied bail by the trial court a few months ago, is standing trial alongside Binance, a cryptocurrency company, on five counts of money laundering and currency speculation involving as much as $34.4 million.The court’s decision came about two months after Mr Gambaryan’s colleague, Nadeem Anjarwalla, reportedly escaped from a pre-trial custody in Abuja in March.Support journalism driven by facts, created by Nigerians for Nigerians.

He said that the NSA received a response from the NCoS on 28 August, with the attached report of Nizamiye Hospital, among others. According to the State House Annex Clinic’s medical report dated 29 August, the clinic received a directive on 17 July 2024 to conduct a preliminary medical evaluation on Mr Gambaryan and possibly retrieve him from the Kuje Correctional Centre in Kuje for a more detailed medical examination.

The neurosurgeon’s findings were “consistent with the MRI report of early multilevel disc disease with exit nerve root impingement at L4/L5.” “Consequently, he intermittently refused prescribed medications and food to force a transfer out of the facility.

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