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Gambaryan to remain in custody as bail application stalls at Abuja Court

Credible News by Credible News
April 18, 2024
in Crime, Global Trade, Human Interest, Legal, News
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The bail application hearing of Tigran Gambaryan an executive of Binance Holding Limited was halted at the Federal High Court, Abuja following a fresh application filed by council to the defendant.

This was at the insistence of the Economic and Financial Crimes Commission to reply to the defendant’s response to their preliminary objection to his bail.

Counsel for the EFCC Ekele Iheanacho told the court that in the defendant’s response to their objection to his bail, the defendant raised new facts, which they would have to reply.

“My Lord, this is a criminal trial, we need to do the needful. It will be unfair for me to be shut down on the issue of fair trial.

READ ALSO: Court sends Binance Executive to Kuje prison for money laundering

“It’s not even convenient on my own part to seek for this adjournment, but the needful needs to be done, my Lord. That is why we are applying for a short adjournment for Monday or Tuesday to reconvene, and to file our further counter affidavit,” he said.

The defendant through his counsel, Mark Mordi, SAN. questioned the prosecution’s right to reply under the law.

“My Lord, it is a fact we didn’t know, that they had an intelligence that the defendant may run away because he has dual nationality.

“He knew it, he didn’t say it, and all we are doing is to respond to what he will say here in the court. He can say that now and we can continue. We can give him two hours to do so because the liberty of my client is at stake,” he said.

Justice Emeka Nwite after taking arguments from both parties adjourned till 22nd May for hearing of the bail application.

Credible News.ng

Tags: Binance ExecutiveCredible NewsEFCCFederal High CourtTigran Gambaryan
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