Fraud: Arraignment of Binance Executives stalled as Court set new date

Binance Holdings Limited planned arraignment with two of its officials – Tigran Gambaryan and Nadeem Anjarwalla – before a Federal High Court in Abuja was stalled on Thursday.

Binance, Gambaryan and Anjarwalla (now at large) were to be arraigned on two separate charges filed by the Economic and Financial Crimes Commission (EFCC) and the Federal Inland Revenue Service (FIRS).

In respect of the charge by the EFCC, arraignment was stalled owing to the objection raised by Gambaryan’s lawyer, Mark Mordi (SAN) against the mode of service of the charge on Binance.

The court has adjourned till April 8 to rule on the objection raised by Mordi.

As it relates to the charge by the FIRS, the arraignment was stalled owing to the late service of the charge on Gambaryan, who was served with the charge in the courtroom on Thursday.

The court adjourned till April 19 to enable him consult with his lawyer on how to plea to the charge.