Justice Emeka Nwite of the Federal High Court in Abuja has refused Tigran Gambaryan, a Binance Holdings executive, bail due to his alleged involvement in a $35.4 million money laundering case brought by the Economic and Financial Crimes Commission (EFCC).
Gambaryan’s lawyer, Mark Mordi, had requested a six-week bail for his client to seek medical attention outside of prison, citing inadequate care in custody and Gambaryan’s “perilous” health condition, which requires surgery for a herniated disc and psychiatric care for depression and anxiety.
However, the EFCC’s lawyer, Ekele Iheanacho, opposed the bail application, arguing that Gambaryan’s condition was exaggerated and that he could receive treatment while detained at Kuje Correctional Facility. Iheanacho noted that Gambaryan had been treated at top medical institutions, including the State House Clinic and Nizamiye Hospital, and that medical reports showed no serious illness or health deterioration.
In his ruling, Justice Nwite rejected the bail request but ordered the Nigerian Correctional Service to refer Gambaryan to a standard hospital in Abuja for treatment for three days to two weeks under security supervision.
The case has been adjourned until October 18, 2024, and November 22 and 25, 2024, for further trial.
