More
    HomeNewsCourt dismisses ex-Binance chief’s claims of unlawful detention against EFCC

    Court dismisses ex-Binance chief’s claims of unlawful detention against EFCC

    Published on

    A Federal High Court sitting in Abuja, on Thursday, dismissed a suit  filed by former Binance Head of Financial Crime Compliance, Tigran Gambaryan, against the Economic and Financial Crimes Commission (EFCC) claiming unlawful and prolonged detention.
    According to a statement issued by the Head, Media & Publicity, Dele Oyewale, Justice Umar Mohammed dismissed the case, ruling that the court would not, under the guise of Gambaryan’s fundamental rights claims, “interfere” with the prosecutorial role of the Nigerian authorities in investigating suspected foreign exchange violations and alleged money laundering involving the Binance platform.
     Gambaryan filed the suit against the EFCC and the office of the National Security Adviser, NSA,  seeking compensation and costs over his purported  prolonged detention by security operatives in connection with the Federal Government’s money laundering and foreign exchange contravention allegations against Binance.
       While the proceedings lasted,  EFCC counsel,  Olanrewaju Adeola  told the court that Gambaryan was lawfully detained  based on charges of money laundering  foreign exchange violations.  He described the suit of the former Binance chief as “ a gross abuse of court processes”.
    The EFCC’s position was upheld with the dismissal of the suit by the court.

    Latest articles

    Osimhen Finds AFCON Scoring Touch To Give Nigeria Cutting Edge

    If there was a moment that summed up Nigeria’s failed World Cup qualifying campaign,...

    Bandits Kill Five In Fresh Attack On Benue Community

    Bandits have killed five persons in a fresh attack on the Otobi community in...

    Funke Akindele’s ‘Behind the Scene’ becomes first Africa film to gross N2 billion

    Famous Nigerian filmmaker, Funke Akindele’s newly released movie, ‘Behind the Scene’ has become the...

    Nigerians grumble over double stamp duty charges by banks

    Days after the new tax laws took off, Nigerians are decrying what they called...

    More like this

    Osimhen Finds AFCON Scoring Touch To Give Nigeria Cutting Edge

    If there was a moment that summed up Nigeria’s failed World Cup qualifying campaign,...

    Bandits Kill Five In Fresh Attack On Benue Community

    Bandits have killed five persons in a fresh attack on the Otobi community in...

    Funke Akindele’s ‘Behind the Scene’ becomes first Africa film to gross N2 billion

    Famous Nigerian filmmaker, Funke Akindele’s newly released movie, ‘Behind the Scene’ has become the...