Fresh Application Stalls Bail Hearing Of Tigran Gambaryan, Binance’s Head Of Financial Compliance

<h4>&NewLine;Fresh Application Stalls Bail Hearing Of Tigran Gambaryan<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that hearing of bail application of Binance Holdings Limited and one of its Executives&comma; Tigran Gambaryan&comma; before Justice Emeka Nwite of the Federal High Court&comma; sitting in Maitama&comma; Abuja&comma; was on Thursday&comma; April 18&comma; 2024&comma; stalled following a fresh application filed by counsel to the second defendant&comma; Mark Mordi&comma; SAN&period;<&sol;p>&NewLine;<p>The defence’s application&comma; a further affidavit in response to the Economic and Financial Crimes Commission&comma; EFCC’s opposition to the initial bail application filed before the court&comma; could not be heard because the EFCC’s counsel&comma; Ekele Iheanacho&comma; prayed for an adjournment to properly respond to it&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;My Lord&comma; this is a criminal trial&comma; we need to do the needful&period; It will be unfair for me to be shut down on the issue of fair trial&period; <&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&&num;8220&semi;It’s not even convenient on my own part to seek for this adjournment&comma; but the needful needs to be done&comma; my Lord&period; <&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&&num;8220&semi;That is why we are applying for a short adjournment for Monday or Tuesday to reconvene&comma; and to file our further counter affidavit”&comma;<&sol;strong><&sol;em> he said&period;<&sol;p>&NewLine;<p>Meanwhile&comma; Mordi didn’t oppose the adjournment prayer of the prosecution but said the prosecution was claiming they had an intelligence that the defendant is a flight risk and may run away&period;<&sol;p>&NewLine;<p><em><strong>&OpenCurlyDoubleQuote;My Lord&comma; it is a fact we didn’t know&comma; that they had an intelligence that the defendant may run away because he has dual nationality&period; <&sol;strong><&sol;em><&sol;p>&NewLine;<p><em><strong>&&num;8220&semi;He knew it&comma; he didn’t say it&comma; and all we are doing is to respond to what he will say here in the court&period; He can say that now and we can continue&period; We can give him two hours to do so because the liberty of my client is at stake”&comma;<&sol;strong><&sol;em> he said&period;<&sol;p>&NewLine;<p>Justice Nwite&comma; after listening to the counsels&comma; adjourned the matter till April 22&comma; 2024&comma; for hearing of bail application&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;thisdaylive&period;com&sol;">Tigran Gambaryan is facing trial by the EFCC over alleged &dollar;34&comma;400&comma;000 &lpar;Thirty-Four Million&comma; Four Hundred Thousand United States Dollars&rpar;&comma; money laundering charges&period;<&sol;a><&sol;p>&NewLine;<p>He was arraigned alongside Binance Holdings Ltd and Nadeem Anjarwalla&comma; &lpar;who is currently at large&rpar; on five-count charges bordering on alleged tax evasion&comma; currency speculation and money laundering&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;24475" aria-describedby&equals;"caption-attachment-24475" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-24475" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2024&sol;04&sol;EFCC456-e1712334155575-300x142&period;webp" alt&equals;"Fresh Application Stalls Bail Hearing Of Tigran Gambaryan&comma; Binance’s Head Of Financial Compliance " width&equals;"300" height&equals;"142" &sol;><figcaption id&equals;"caption-attachment-24475" class&equals;"wp-caption-text"><em><strong>EFCC<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;