Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Cardano Price Declines as Grayscale Withdraws Spot ETF Filing

    August 12, 2026

    Binance Coin Jumps on BEP-675 Network Upgrade Catalyst

    August 12, 2026

    Fidelity Bank Climbs Ahead of Q2 Earnings Scorecard

    August 12, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Cardano Price Declines as Grayscale Withdraws Spot ETF Filing
    • Binance Coin Jumps on BEP-675 Network Upgrade Catalyst
    • Fidelity Bank Climbs Ahead of Q2 Earnings Scorecard
    • MTN Nigeria Declines as Investors Take Profits in Telco Stock
    • Excess Liquidity in Banking System Rises 57% to N6.8trn
    • CBN to Auction Nigerian Treasury Bills, Targets N700 Billion
    • Nigerian Naira Tumbles as Interbank FX Turnover, Deals Crash
    • Equities Market Loses N1.2trn as Investors Sell MTNN, FirstHoldCo Stock
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, August 12
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Absence of Judge Stalls Ruling in Binance Executive’s Bail Plea

    Absence of Judge Stalls Ruling in Binance Executive’s Bail Plea

    Marketforces AfricaBy Marketforces AfricaOctober 9, 2024 News No Comments3 Mins Read
    Absence of Judge Stalls Ruling in Binance Executive’s Bail Plea
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Absence of Judge Stalls Ruling in Binance Executive’s Bail Plea

    Absence of Justice Emeka Nwite of a Federal High Court in Abuja, on Wednesday, stalled the ruling in a fresh bail application filed by the detained Binance Holdings Limited’s executive, Tigran Gambaryan.

    The matter, which was fixed for ruling on Gambaryan’s bail request, could not proceed as Justice Nwite was said to have gone for the ongoing seminar at the National Judicial Institute (NJI), Abuja.

    The ruling was subsequently fixed for Oct  11.

    The News Agency reports that counsel to the Economic and Financial Crimes Commission (EFCC), Ekele Iheanacho, SAN, had, on Sept. 4, vehemently opposed the bail application moved by Mark Mordi, SAN, on Gambaryan’s behalf.

    Iheanacho, who argued that the Binance executive was being given the best medical treatment by the Nigerian Correctional Service (NCoS), alleged that Gambaryan, at one time, rejected the medical intervention by the State House Clinic in Abuja

    The lawyer drew the attention of the court to the State House Clinic’s medical report.

    He stated that despite that Gambaryan’s ill-health was not as worse as it was being portrayed, the report showed that the defendant was dissatisfied with the medical attention being offered and rejected it.

    The anti-graft agency’s lawyer urged the court to dismiss the fresh application.

    He explained that the National Security Adviser (NSA), Nuhu Ribadu, wrote to the management of the NCoS, requesting Gambaryan’s medical records.

    He said that a response from the NCoS was received by the NSA on Aug. 29 with the attached report of Nizamiye Hospital, among others.

    According to him, the report indicated that Mr. Gambaryan has been receiving adequate medical care from the NCoS and has been taken to several hospitals, including the State House Clinic.

    Iheanacho insisted that NCoS had the capacity to take Gambaryan to any hospital in Nigeria, adding that surgeons cannot force a surgery on the defendant without his consent.

    He said Gambaryan “cannot suddenly become sick,” as is allegedly commonplace with some suspects facing trial.

    Earlier, Mordi had prayed the court to admit his client to bail on liberal terms, or alternatively, to admit him to bail for six weeks on the basis of ill-health.

    He argued that though the EFCC purportedly denied Gambaryan had a serious health issue, the exhibits, including the medical reports, showed that he needed medical care.

    The lawyer argued that Gambaryan’s health challenge cannot be adequately managed in Nigeria. #Absence of Judge Stalls Ruling in Binance Executive’s Bail Plea

    Nigeria Saves N3bn by Decongesting Correctional Centre

    Binance
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    Cardano Price Declines as Grayscale Withdraws Spot ETF Filing

    Binance Coin Jumps on BEP-675 Network Upgrade Catalyst

    Fidelity Bank Climbs Ahead of Q2 Earnings Scorecard

    MTN Nigeria Declines as Investors Take Profits in Telco Stock

    Excess Liquidity in Banking System Rises 57% to N6.8trn

    CBN to Auction Nigerian Treasury Bills, Targets N700 Billion

    Add A Comment

    Comments are closed.

    Editors Picks

    Cardano Price Declines as Grayscale Withdraws Spot ETF Filing

    August 12, 2026

    Binance Coin Jumps on BEP-675 Network Upgrade Catalyst

    August 12, 2026

    Fidelity Bank Climbs Ahead of Q2 Earnings Scorecard

    August 12, 2026

    MTN Nigeria Declines as Investors Take Profits in Telco Stock

    August 12, 2026

    Excess Liquidity in Banking System Rises 57% to N6.8trn

    August 12, 2026
    Latest Posts

    Cardano Price Declines as Grayscale Withdraws Spot ETF Filing

    August 12, 2026

    Binance Coin Jumps on BEP-675 Network Upgrade Catalyst

    August 12, 2026

    Fidelity Bank Climbs Ahead of Q2 Earnings Scorecard

    August 12, 2026

    MTN Nigeria Declines as Investors Take Profits in Telco Stock

    August 12, 2026

    Excess Liquidity in Banking System Rises 57% to N6.8trn

    August 12, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.