Binance exec is hospitalised as spouse decries ‘unjust detention’ following collapse in Nigerian courtroom – DLNews

Binance executive Tigran Gambaryan was hospitalised Thursday after fainting in a courtoom in Abuja, Nigeria, during his money laundering trial, DL News has learned.

Justice Emeka Nwite directed Nigerias prison authorities to take Gambaryan to Nizayime Hospital, an upscale private medical facility in Abuja for treatment, according to a person familiar with the order.

Meanwhile, Yuki Gambaryan, the wife of the jailed Binance man, lambasted Nigerian authorities for incarcerating and mistreating her husband.

The conditions in the notorious Kuje Prison are, in a word, devastating.

Yesterday, despite numerous signs of severe illness, my husband was still required to appear in court, where he later collapsed, Yuki said in a statement sent to DL News.

The conditions in the notorious Kuje Prison are, in a word, devastating, Yuki said, referring to the facility where Tigran has been held for the last seven weeks while he is being tried on a money laundering charge.

My husband is a strong, healthy person but he is facing an environment that would bring even the strongest among us to our knees.

On Thursday, Gambaryan, 40, Binances US-based head of financial crime compliance, fainted as he stepped into the dock to face charges he engaged in a $35 million money laundering scheme with his employer.

Gambaryan has been incarcerated in Kuje Prison since April 8 after pleading not guilty to the money laundering charge filed by Nigerias Economic and Financial Crimes Commission.

Join the community to get our latest stories and updates

On May 17, the opening day of his trial, a judge denied Gambaryan bail on the grounds he is a flight risk.

Kuje Prison is a pre-trial detention facility in Abuja, Nigerias capital, notorious for holding suspected Boko Haram and Islamic State terrorists.

Even as one of Gambaryans lawyers assisted him on Thursday, his lead lawyer, Mark Mordi, pleaded with the court to provide urgent medical care for the Binance executive.

Gambaryans next court appearance is slated for June 14 when he will be arraigned on tax violation charges filed by Nigerias Federal Inland Revenue Service. Thats a separate criminal indictment from the EFCCs money laundering case.

His money laundering trial has been postponed until June 20.

Gambaryans travails began when he was detained on February 26 after a meeting with Nigerian officials to settle a regulatory dispute regarding Binances impact on the nations troubled currency, the naira.

He was detained alongside Nadeem Anjarwalla, Binances regional manager based in Kenya when they both refused to hand over customer information of the companys Nigerian users.

Anjarwalla, a British lawyer, escaped detention a month later with a Kenyan passport and is the target of an Interpol red notice.

With Anjarwalla in the wind, Nigerias government has tightened its grip on Gambaryan with prosecutors saying they must do so because Binance has no face in Nigeria.

However, Gambaryans lawyers have countered this stance describing their clients ordeal as state-sanctioned hostage-taking.

Gambaryans family also appealed for his release amid his current health crisis.

This punitive punishment against Tigran in an effort to target his employer has gone on long enough, Yuki said. My husband is sick, he needs help.

Please show some sense of humanity.

Osato Avan-Nomayo is our Nigeria-based DeFi correspondent. He covers DeFi and tech. To share tips or information about stories, please contact him at osato@dlnews.com.

See the rest here:

Binance exec is hospitalised as spouse decries 'unjust detention' following collapse in Nigerian courtroom - DLNews

Related Posts

Comments are closed.