The Economic and Financial Crimes Commission has arraigned Binance Holdings Limited, a cryptocurrency firm, and Tigran Gambaryan, the company’s head of financial crime compliance, over allegations of money laundering.
On February 28, Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa, were detained by the Nigerian authorities. Mordi said the proposed arraignment cannot go on since the 1st defendant was not served with the court processes.However, E.E Iheanacho, EFCC counsel, said the prosecution attempted to serve the processes on the first defendant through the second defendant, but Gambaryan refused to accept service.
Delivering a ruling on the arguments on Monday, the judge held that Binance had admitted in their affidavit that Gambaryan had represented the company in meetings and trainings held in Nigeria previously.
Source: News Formal (newsformal.com)
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