Detained Binance Exec Files New Bail Motion Citing Health Decline

2 min read | September 03, 2024 02:56 PM BST | By Team Kalkine Media

Nigeria's Federal Inland Revenue Service dropped charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla. However, the legal situation for Gambaryan has remained complex. His trial resumed on September 2, 2024, following a new motion for bail filed by his attorneys. The motion cites Gambaryan's deteriorating health as the basis for the request.

The Economic and Financial Crimes Commission (EFCC) opposed the bail motion, arguing that Gambaryan's health is not as dire as claimed. The EFCC presented health records to the court indicating that Gambaryan requires surgery, though these records were reportedly incomplete, lacking essential documentation such as MRI images. Furthermore, Gambaryan’s legal team has faced significant barriers, including denial of access to the prison and challenges in meeting with their client due to his worsening health.

Gambaryan's deteriorating health has been a focal point of concern. In July, the court issued an arrest warrant for Dr. Abraham Ehizojie, a medical doctor at the Kuje Correctional Centre, for failing to appear in court and provide a comprehensive medical report on Gambaryan. The situation has drawn {Crypto} criticism from industry leaders, humanitarian organizations, and American legislators.

U.S. Congressman Rich McCormick from Georgia has introduced a resolution urging Congress to address Gambaryan’s detainment, which he describes as a potential hostage situation. McCormick contends that Gambaryan, an American citizen, is being wrongfully detained by the Nigerian government and calls for the use of all available resources to facilitate his release.

The next hearing in Gambaryan’s trial is scheduled for September 4, 2024, where the judge will further review the motion for bail. The ongoing case highlights significant concerns regarding Gambaryan’s treatment and legal process.

 

 

 


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