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    ALMOND 94.3 FM Ibadan

News

ARRAIGNMENT OF BINANCE OFFICIAL STALLED

todayApril 4, 2024 3

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A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its officials till April 8, 2024.

The trial judge, Justice Emeka Nwite, adjourned the matter for ruling after listening to parties’ submission on the service of the charge on Binance Holdings Limited.

It will be recalled that the Binance executive Nadeem Anjarwalla along with his colleague, Tigran Gambaryan who recently escaped from lawful custody were both arrested and detained for currency manipulation.

According to reports, Anjarwalla fled the country on the pretext of going to the mosque to pray.

The defendants Binance Holdings Limited and Tigran Gambaryan, were meant to be arraigned on Thursday but it was stalled following objection from the counsel for the second defendant, Mark Mordi, (SAN).0:04 / 1:01

He noted that his client was not an agent, director or representative of the company in the country and as such could not be served on behalf of the first defeandant.

But the counsel for the EFCC, E.E. Iheanacho, disagreed with him.

He noted that the second respondent is a representative of first defendant in the country, adding that the charge was served on him on behalf of the company.

 

Written by: Almond News

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