Court denies Binance executive bail

Federal High Court sitting in Abuja has denied Binance executive, Tigran Gambaryan, bail.

The presiding judge, Justice Emeka Nwite, said the bail application resolved that the defendant will jump bail if granted.

Gambaryan, his company, Binance Holdings Limited and a fellow top executive currently on the run, Nadeem Anjarwalla, were charged by the Economic and Financial Crimes Commission, with money laundering and terrorism financing.

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