By Economic and Financial Crimes Commission (EFCC), has withdrawn all charges against Tigran Gambaryan, the head of financial crime compliance for the Binance Security and Investigations team.
Ekene Iheanacho, a lawyer representing the Economic and Financial Crimes Commission (EFCC), announced his release today at the Federal High Court in Abuja.
The EFCC’s lawyer said Gambaryan, a US citizen, was only a Binance employee and had no involvement in the company’s overall financial decisions.
He was to be in court again on October 25.
Mark Mordi, senior lawyer representing Gambaryan, however noted that his client was not responsible for the alleged conduct under investigation.
According to Ekene, the charges were dismissed due to “diplomatic issues” because Gambaryan’s health had deteriorated.
Gambaryan’s health has been a recurring concern throughout the trial, with the judge turning down his second bail plea on October 11 due to insufficient grounds.
Justice Emeka Nwite, had earlier decided that Gambaryan’s ill health did not warrant his release from custody and that his frequent bail requests were an abuse of the court process.
