(This Oct. 11 story was corrected to learn “Head of Monetary Crimes Compliance” in paragraph 1, not “Head of Monetary Compliance,” and altered the headline from “Head of Compliance” to “ govt officer”).
By Camillus Eboh
ABUJA (Reuters) – The top of Binance's monetary crimes compliance unit was denied bail for the second time on Friday as his trial on money-laundering expenses started in Nigeria, with a decide ruling that the jail the place he’s being held is able to serving his well being care. wants.
Tigran Gambaryan, an American citizen, has been in custody in Nigeria since late February. He and Binance deny the allegations in opposition to him.
He requested the Federal Excessive Courtroom in Abuja to launch him on medical grounds, arguing that he needed to endure surgical procedure exterior the jail and that his well being was deteriorating.
“There isn’t any proof earlier than this courtroom that the Nigerian Correctional Service can not deal with the well being issues of the accused,” Justice Emeka Nwite mentioned.
Nwite additionally mentioned that Gambaryan had not withdrawn his enchantment in opposition to the earlier bail determination in Could and thus his newest request “quantities to an abuse of the judicial course of to permit the accused to be launched on bail whereas the enchantment is pending on the Courtroom of Enchantment”.
The decide adjourned the trial till October 18 after Gambaryan's lawyer cross-examined two state witnesses.
Gambaryan's spouse, Yuki Gambaryan, mentioned her husband shouldn’t be in custody as a result of he by no means had decision-making authority at Binance and she is going to proceed to combat for his freedom.
“I simply pray that when he’s lastly launched, the injury he suffers isn’t everlasting. I’m exhausted and deeply upset,” she mentioned in a press release.
Binance individually faces allegations of tax evasion, which it denies.
