The federal government, on Wednesday, withdrew the money laundering charge filed against the detained Binance Holdings Limited’s executive, Tigran Gambaryan, due to his ill health and diplomatic intervention.
Mr Gambaryan was the 2nd defendant in the charge preferred against the cryptocurrency platform (first defendant) by the Economic and Financial Crimes Commission (EFCC).
EFCC’s counsel, R.U. Adagba, told Justice Emeka Nwite of the Abuja Division of the Federal High Court of the federal government’s decision to withdraw the charge against the detained employee because of his deteriorating health.
She, however, informed the court that the anti-graft agency would continue the charge levelled against the company, Binance Holdings Limited.
After listening to Ms Adagba and the defence counsel, Mr Nwite discharged Mr Gambaryan from the charge and adjourned the trial against the cryptocurrency firm until November 22 and November 25 for continuation of the trial.
(NAN)
