Nigeria dismisses money laundering charges against Binance CEO

The Nigerian government has dropped all charges against Tigran Gambaryan, a director at Binance, who was imprisoned in Nigeria for over seven months.

At the Federal High Court in Abuja on October 23, a lawyer representing Nigeria’s public prosecutor, the Economic and Financial Crimes Commission (EFCC), announced the withdrawal of charges against Gambaryan. According to local news agency Premium Times, the EFCC lawyer stated that Gambaryan, a US citizen, did not have a senior position at Binance, the company targeted by the prosecution.

The EFCC reportedly decided to drop the charges against Gambaryan in a hearing held two days before a scheduled court appearance on October 25. The Wednesday hearing seemed to have been conducted with the aim of minimizing public attention.

Please note that this is a developing story and additional information will be provided as it becomes available.

SOURCE

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