BREAKING: FG drops money laundering charges against Binance executive Gambaryan


 

The Federal Government on Wednesday withdrew the money laundering charges preferred against Binance Holdings Limited executive, Tigran Gambaryan.


Binance, its U.S. head of financial crime compliance, Gambaryan, and the exchange British-Kenyan regional manager for Africa, Nadeem Anjarwalla, were facing money laundering charges to the tune of $35 million 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 arraigned in April.


Following his arraignment, the court ordered his remand to Kuje Correctional Facility.


Details shortly…

Comments

Post a Comment

Popular posts from this blog

Ogun State Students Writing Exams Turned Back Home Amid NLC Strike

Image
 Reality News understands that the affected students were writing their third-term examinations until the strike action was declared. Students in different schools in Ogun State were turned back as the ongoing strike by the Nigeria Labour Congress (NLC) shut down activities in the state. SaharaReporters understands that the affected students were writing their third-term examinations until the strike action was declared. Some of the schools confirmed to have been affected are "Salawu Abiola Comprehensive High School, Osiele" and "Muslim High School, in Isolu." Other schools in the state were also said to have been affected by the development. "The students have been turned back from school, they were told that there is no school today due to the ongoing strike action by the Nigerian Labour Congress," a resident told SaharaReporters. Earlier, the Ogun State chapter of the Peoples Democratic Party (PDP) threw its weight behind the striking workers. According...
Read more

BREAKING: Nigerian Soldier Beats Phone Repairer To Death In Adamawa Over Girlfriend’s Faulty Device

Image
 The tragic incident, which occurred on Wednesday in Mayo-Belwa, has sparked public outrage and calls for justice as details reveal the horrifying misuse of military authority. In what many are calling a shocking abuse of power, a Nigerian soldier, identified as Lance Corporal Ahmada A., has allegedly beaten a young mobile phone repairer, Alkasum Ibrahim, to death in Adamawa State — all because of a delay in fixing his girlfriend’s mobile phone. The tragic incident, which occurred on Wednesday in Mayo-Belwa, has sparked public outrage and calls for justice as details reveal the horrifying misuse of military authority. Eyewitnesses say the soldier’s girlfriend had earlier brought her phone to Alkasum’s shop for repairs. For reasons yet unknown — possibly due to technical or workload-related issues — the repair wasn't completed on time. Instead of showing understanding, the woman reportedly called her soldier boyfriend to complain. Moments later, Lance Corporal Ahmad stormed the work...
Read more

Nigerian Government Declares Tuesday Public Holiday To Mourn Late Ex-President Buhari

Image
A statement from the Ministry of Interior, said, "In furtherance to the seven days of National mourning declared by President Bola Ahmed Tinubu, the Federal Government has declared Tuesday, 15 July, 2025, as a Public Holiday in honour of the late former President of the Federal Republic of Nigeria, Muhammadu Buhari. The Nigerian government has declared Tuesday, July 15, 2025, a public holiday in honour of former President, Muhammadu Buhari, whose death was announced on Sunday. A statement from the Ministry of Interior, said, "In furtherance to the seven days of National mourning declared by President Bola Ahmed Tinubu, the Federal Government has declared Tuesday, 15 July, 2025, as a Public Holiday in honour of the late former President of the Federal Republic of Nigeria, Muhammadu Buhari. "The Honourable Minister of Interior, Dr. Olubunmi Tunji-Ojo, made the declaration on behalf of the Federal Government, following the approval of President Bola Ahmed Tinubu. "The ...
Read more