Court adjourns hearing in bail application of Binance executive

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The EFCC accused Binance Holdings Limited ... of allegedly conspiring amongst themselves to conceal the origin of the financial proceeds of their alleged unlawful activities in Nigeria.

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Justice Emeka Nwite adjourned the hearing following an oral application by counsel for the Economic and Financial Crimes Commission , Ekele Iheanacho, seeking more time to respond to a further affidavit served on him in the open court by Mr Gambaryan’s lawyer, Mark Mordi, SAN. Justice Nwite, who adjourned the matter in the interest of justice, said counsel are entitled to respond to each others’ processes within the constitutionally stipulated time frame.

The EFCC accused Binance Holdings Limited, Mr Gambaryan and fleeing Nadeem Anjarwalla, another agent of the company, of allegedly conspiring amongst themselves to conceal the origin of the financial proceeds of their alleged unlawful activities in Nigeria including $35,400,000.

Source: Law Daily Report (lawdailyreport.net)

 

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