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Binance Executive, Gambaryan, May Die of Malaria in Kuje Correctional Centre-Lawyer

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Aluko & Oyebode, the law firm handling the case of Binance Holdings Limited, says Mr Tigran Gambaryan, the cryptocurrency firm’s executive, standing trial alongside the company in Nigeria, may die in Kuje Correctional Centre.

The law firm stated this in a letter addressed to the Deputy Chief Registrar of Federal High Court (FHC) and signed by a Partner, C.

J.
Caleb.

The letter, dated and filed on May 23, which was sighted on Sunday, was titled: “Re: Charge No: FHC/ABJ/CR/128/2024 – Application for the Provision of Medical Treatment to Mr.

Tigran Gambrayan at Nizamiye Hospital.

Caleb said: “We continue to act as counsel to Mr. Tigran Gambaryan, the 2nd defendant in the captioned suit pending before the Honourable Justice E.

Nwite sitting at Court 9 of the Federal High Court, Abuja.”

He said Gambaryan, the Head of Financial Crimes Compliance of the cryptocurrency platform, broke down on Wednesday (May 22) in prison and was administered with “Intravenous (IV) treatment for malaria” by the medical personnel.

“Please be informed that the 2nd defendant, who is an American citizen and remanded at the Kuje Medium Correctional Facility is very ill and requires comprehensive medical attention at the best available hospital within the jurisdiction of this honourable court.

“The applicant broke down yesterday and the medical facility gave him Intravenous (IV) treatment for malaria,” he said

The lawyer, therefore, raised the alarm over Gambaryan’s continous remand in the correctional facility expressing fear for his life amidst his alleged deteriorating health.

“The Consul Officer at the United States Consul Office in Abuja, emphasised the need for the applicant to receive comprehensive treatment because malaria is a severe disease for American citizens which can result in death because they do not have the immunity that ordinary Nigerians have against the disease,” he said in the letter.

Caleb, who said the defendant equally suffered from throat infection, added that “the Kuje Medium Correctional Facility is currently undergoing renovation works.”

“It is therefore not best suited for the medical treatment of the applicant,” he said.

According to him, given the above, we humbly apply that the applicant be transferred to Nizayime Hospital, Abuja to receive comprehensive diagnoses and treatment for the preservation of his Ife.

“We kindly request that this application be drawn to the attention of the court.

“We look forward to a favourable consideration,” he said.

The letter came six days after Justice Emeka Nwite of a FHC declined to grant Gambaryan’s bail application moved by a lawyer in the defence team, Mark Mordi, SAN.

Justice Nwite had held that based on the affidavit evidence before him, Gambaryan would jump bail if the application was granted.

The judge held that the Economic and Financial Crimes Commission (EFCC) had overwhelming evidence against the applicant that he was a flight risk.

Justice Nwite ordered him to remain in remand throughout the hearing and determination of the alleged money laundering and terrorist financing charges.

Reports says that on Thursday when the matter came up, the ailing Gambaryan collapsed in the open court over alleged ill-health.

The development occurred shortly after the matter was called for trial continuation before Justice Nwite.

His lawyer, Mr Mordi, explained to the court why his client could not stand as soon as the matter was called.

Mordi said Gambaryan had been indisposed and a written application letter had been filed to notify the court of his failing health.

The lawyer, who sought an adjournment, also prayed for an order, directing the Nigerian Correctional Service (NCoS) to release his client’s medical examination conducted some days ago.

Although the EFCC’s lawyer, Ekele Iheanacho, did not oppose giving Gambaryan proper medical attention, he opposed to a plea that the court should specifically directed the NCoS to take him to Nizayime Hospital.

The lawyer also said that the NCoS should also ensure that Gambaryan was well secured to guard against escaping from hospital.

In his ruling, the judge said: “An order of this honourable court is hereby made that the 2nd defendant be allowed to be treated in Nizayime Hospital or any other hospital within jurisdiction which the Correctional Service Centre deems fit provided the Correctional Service Authority shall provide adequate security for the 2nd defendant within the period the 2nd defendant stays in the hospital.”

He also ordered the NCoS to make available the result of the medical examination to parties in the charge.

Justice Nwite subsequently adjourned the matter until June 20 and June 21 for cross-examination of the 1st prosecution witness (PW1) and a Director with the Security and Exchange Commission (SEC), Abdulkadir Abbas.

It would be recalled that Abbas had, on May 17, revealed how Binance breached the Nigerian law, operated naira peer-to-peer services in exchange of crypto assets to devalue the Nigerian currency.

The witness, who is a Director of Registration, Exchanges and Market Infrastructure Department at SEC, disclosed this while testifying before the judge.

NAN reports that the EFCC had sued Binance Holdings Limited and Gambaryan as 1st and 2nd defendants.

In the five-count charge, Nadeem Anjarwalla, a British-Kenyan Regional Manager for Africa of the company, was listed as being at large.

They were accused to have allegedly conspired amongst themselves to conceal the origin of the financial proceeds of their alleged unlawful activities in Nigeria including 35,400, 000 dollars.

They were alleged to have committed the offence contrary to Section 21 (a) and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022, among others.

However, Anjarwalla escaped from lawful custody on March 22 and fled Nigeria to Kenya.

Reported says that the alleged tax evasion four-count charge filed by the Federal Inland Revenue Service (FIRS) against Binance Holdings Limited and Gambaryan could not proceed on Wednesday due to his absence in court.(,NAN)

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10th Reps Have Transformed Nigeria’s Budgetary Process—Don

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Prof.  Ifure  Ifure, Country Representative, Centre for International and Strategy Studies, says the 10th House of Representatives has revolutionised Nigeria’s budgetary process with fresh ideas and innovations.

He said the House replaced the traditional closed-door approach with a transparent open door method after one year in office.

Ifure this during an interview on Monday in Abuja in his appraisal of the 10th House of Representatives after one year in office.

“These days, budget proposals are now subjected to public debates, inputs, and suggestions from members of the public”, he said.

He said that Rep.  Kabiru Bichi, Chairman, House Committee on Appropriation  and his colleagues mplemented a cutting-edge system that harnessed the power of technology and data analytics to optimise resource allocation.

He further said such innovations in appropriations were well thought out approaches and should be commended.

“I have the privilege of acknowledging a truly remarkable achievement, one that will go down in history as a testament to the power of innovation and leadership.

“Their innovation, which has revolutionised the way our nation allocates resources, is a shining example of what can be achieved when vision, determination and expertise come together“, he said.  (NAN)

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FCT: Southern Leaders Urge Wike to Ignore Distractors

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Some leaders from the southern Nigeria have advised the Minister of the Federal Capital Territory (FCT), Chief Nyesom Wike, to ignore political distractors bent on frustrating his efforts to transform the area.

The group gave the advice on Monday, while addressing newsmen in Abuja under the auspices of the Citizens Network for Peace and Development in Nigeria.

It said that the appointment of Wike by President Bola Tinubu was one of the best decisions of the administration.

The National Coordinator of the group, Mr Raphael Okorie, said that the minister had achieved in nine months, what former ministers could not in eight years.

Okorie appealed to Nigerians to be patient with Tinubu, saying that he was striving to fix the economy, restore security and bring relief to Nigerians.

“Wike has done a lot in just nine months.

“We know that there are people who want to distract him from replicating his sterling performance in Rivers.

“He is not even bothered about the crisis in Rivers. He is busy with developing Abuja,” the group said.

It furthet said that Wike had transformed the FCT, adding that it was strongly behind him and praying for him to succeed as minister.

Okorie said that the group had taken time to assess the performance of the administration of President Tinubu and Wike, adding that both were poised to urgently deliver the dividend of the Renewed Hope Agenda as promised.

According to him, from the rapid infrastructure development to  stabilising the economy, there is no doubt that Nigeria is on the part of recovery.

“Here, thereto, we micromanaged the value of the naira against other currencies of the world,” he said.

He further contended that the country’s infrastructure development became stunted before the inception of Tinubu’s administration.

Okorie said that the international community could not invest in Nigeria “because of inconsistent policies and over interference by the government in the affairs of the private sector.

“Confidence in our economy that hit its highest under the former President Goodluck Jonathan’s administration was completely eroded, Foreign Direct Investments (FDIs) were near zero.

“Today, we have attained relative and realistic stability in the management of the naira and FDI is growing by the day.

“The private sector is getting the required support to grow and produce what we consume.

“Local content is being seriously encouraged and the government has opened its doors to all Nigerians to build an all-inclusive country, where no Nigerian is shortchanged by those that have invaded to destroy our dear nation.

“Our praises also go to Mr Project, Nyesom Wike for proving the president is right in appointing him as the minister of the nation’s capital,” he said.

He said that the minister had succeeded in bringing insecurity, which was a major challenge in Abuja, under control within the six months of his appointment.

“Today, the entire territory is relatively safe.

“We are not there yet, but with Wike in charge, we are optimistic that FCT will be completely safe soon,” Okorie said.

He appealed to the president to ignore those that were plotting to have Wike removed as FCT minister, and urged Tinubu to continue to support him.

“We also call on residents of the FCT to join hands and support Wike to succeed,” Okorie said. (NAN)

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Police Denounce Booing of Emir Sanusi, Warn Troublemakers

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Emir of Kano, Sanusi Lamido
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The Police Command in Kano State has expressed displeasure  over the booing  entourage of Emir Muhammadu Sanusi II by some individuals while he was returning to his palace after Eid prayers.

This is contained in a Statement issued by the command’s spokesman, SP Abdullahi Kiyawa, in Kano on Monday.

He said that, the incident occurred when the Emir took a different route, as part of his religious obligation.

He said unfortunately, he was booed within the vicinity of Festival Primary School and Zage/Zango areas by some unidentified persons.

“Currently, the police command is monitoring the entire Sallah events to ensure law and order are maintained, adequate security measures are in place to tackle any form of security threats.

“Accordingly, the police command is warning individuals intending to cause chaos or breach the peace during the Sallah celebration to stay clear of the state’’, he said.

The spokesman further stated that at the moment adequate security personnel had been deployed to arrest anyone attempting to cause a breakdown of law and order.

The police warned members of the public to desist from carrying weapons during and after the celebration, saying that anyone found would meet stiff penalties.

“Rigorous stop-and-search operations and patrols are ongoing in all Local Government Areas (LGAs) in the metropolitan area to ensure a peaceful celebration”, Kiyawa said. (NAN)

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