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EFCC Counters Bail Application for Binnance Executive

EFCC Counters Bail Application for Binnance Executive


The Economic and Financial Crimes Commission (EFCC) has countered health claims made by the family and legal team of detained Binance executive, Tigran Gambaryan, who is facing money laundering charges in Nigeria. The family claimed that Gambaryan can no longer walk due to health concerns involving a disk issue.

EFCC's lead counsel, Ekene Iheanacho, informed Justice Emeka Nwite of the Federal High Court in Abuja on Monday that the health concerns of the Binance executive were not as serious as he has been presenting them.

The opposition was in response to a fresh bail application by Gambaryan's lawyer, Mark Mordi SAN, seeking his release to attend to his health condition. Justice Nwite had ordered the Nigerian Correctional Service doctor to produce the medical reports of Tigran Gambaryan, warning the correctional service against non-compliance with the court’s directives.

At the Monday proceedings, Gambaryan's lawyer requested fresh bail for the defendant on the grounds that his health is in jeopardy. He stated that the bail application was filed on August 28, 2024. He expressed his desire for the bail application to be heard today, as the medical report of his client has not been provided to him as directed by the court.

The EFCC lawyer emphasized that Nigerian authorities have actually been taking care of him in terms of due diligence, and have taken him to different hospitals, adding that the only problem is the issue of presenting the medical report to the court. He also submitted that prison officials report that Gambaryan walks within the facility.

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