Court summons CBN gov over detained Binance executive

Federal High Court in Abuja has summoned the Governor of the Central Bank of Nigeria and the Head of the Legal Services Department of the apex bank to appear before it with specific documents on Monday, September 2, the new date fixed for the continuation of the trial in the money laundering case brought against Binance Holdings Limited and its executives.

Afinju FM
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At the previous court sitting, the presiding judge, Justice Emeka Nwite, had adjourned the matter to October 11, but the defence counsel had approached the court for a date change, which the court granted by bringing the trial forward a month early.

Binance USA’s Head of Financial Crime Compliance, Tigan Gambaryan, and the exchange’s British-Kenyan regional manager for Africa, Nadeem Anjarwalla, are facing money laundering charges to the tune of $35m brought against them by the Economic and Financial Crimes Commission.

Gambaryan and Anjarwalla were initially both detained in the custody of the Office of the National Security Adviser.

Anjarwalla, however, fled lawful custody on March 22, 2024, while his counterpart, Gambaryan, was moved from ONSA custody to EFCC custody and afterwards to Kuje Correctional Facility, where he is currently detained.

In the document titled Subpoena Duces Tecum, with charge number: FHC/ABCR/138/2024, between the Federal Republic of Nigeria versus Binance Holdings Limited and Tigran Gambaryan, the court asked the apex bank’s heads to appear before it or delegate someone to do so.

In a separate document but with similar wording, the court summoned the Head, Legal Services Department, Central Bank of Nigeria, Plot 33, Abubakar Tafawa Balewa Way, Central Business District, Abuja – FCT.

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