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Continued detention of Gambaryan unjust — release him for medical treatment, Binance tells FG

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Continued detention of Gambaryan unjust — release him for medical treatment, Binance tells FG

Richard Teng, chief executive officer (CEO) of Binance, a cryptocurrency firm, has raised concerns over the conditions of Tigran Gambaryan, a senior executive of the firm, in Nigeria’s custody.

On February 28, Gambaryan and Nadeem Anjarwalla, Binance’s regional manager for Africa, were detained by the Nigerian authorities.

The federal government, on March 25, filed a criminal charge against Binance for “tax evasion” — the same period Anjarwalla fled detention.

In April, the Economic and Financial Crimes Commission (EFCC) filed a suit against Binance and Gambaryan over allegations bordering on money laundering.

However, Gambaryan’s health, according to Yuki, his wife, is getting worse and needs “highly specialised and risky surgery” to treat the herniated disc in his back.

Speaking on the condition of Gambaryan, Teng said his detention is “unjust, unfairly and unlawful”.

“Tigran’s physical and mental conditions have deteriorated rapidly with his situation being more dire than ever.  He is in severe pain and unable to walk due to a herniated disc,” he said.

“Despite his conditions, the Nigerian government has refused adequate medical care, including basic needs such as providing access to a wheelchair.

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“Furthermore, they are refusing to provide access to his legal counsel, despite a trial commencing on 2 September, which we have been informed is unconstitutional in Nigeria.

“A court has demanded the government release Tigran’s medical records but after several months, they have still not complied. This week Tigran was denied access to his US consulate representative. These actions are inexplicable.”

Teng also said he is deeply concerned about the long-term, potentially irreversible physical and mental impact “this horrific episode is having on Tigran”.

“I appeal once again for the Nigerian government to allow him to go home to his family on humanitarian grounds so that he can seek the appropriate medical treatment in the US, recover and get back to the healthy, active life he previously had,” the Binance CEO said.

“Tigran is a proud American who should not be subject to such unjust treatment. It is my sincere hope that the American government and political apparatus can exert its political will and muscle to bring Tigran home soon, so that he can get the adequate treatment and be reunited with his family and loved ones.

“The US administration and legislators have the power to designate Tigran as one of its “unlawfully detained” citizens overseas and there are substantial reasons to do so.”

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‘DO NOT USE BASELESS ALLEGATIONS TO HOLD GAMBARYAN’ 

Teng said the Nigerian government claimed the reason Gambaryan is in custody is because Binance is operating virtually and the only thing the government can hold on to is the company’s executive.

“This statement is far from the truth. There is no need to imprison an innocent employee to answer for any allegations against Binance. We have settled issues in countries around the world, including the US, Thailand, and most recently in Brazil and India, in a reasonable, collaborative and amicable manner with governments,” he said.

“All these were done without threat or harm inflicted to any of our employees.  This is no good reason to hold an innocent employee to advance the discussion of outstanding issues.

“Another claim made by the Nigerian government was that Binance was responsible for its currency decline. To everyone paying attention, this is not backed up by facts.

“Between 2021 and the end of 2022, the Naira traded between a relatively narrow range of USD1: 380 to USD1: 440.  We have been offering P2P services as a value-added service for our users wishing to get exposure to crypto during that period of time.

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“The end of the Naira’s currency peg by the Government in June 2023 caused the biggest fall in Naira’s history according to experts.  It went from USD1: 460 in June 2023 to USD1: 900 by the end of 2023. The downward trend continued since.

“The Naira traded at a recent low of USD1: 1,660 on 31 July 2024, representing a 50% decline from the start of 2024.  This downward trend continued despite Binance ceasing to offer P2P services in the country in February 2024.

“As economists have more elegantly explained, the movement of a country’s currency is attributable to various macroeconomic factors.”

Teng also appealed to the federal government to allow Gambaryan safe passage home to his wife and two young children.

The CEO added that once these issues are resolved, “we hope to work with the Nigerian government to support development of the Web3 industry, create more opportunities for its young, talented workforce, and support the effort to attract more foreign direct investment”.

Gambaryan’s trial is expected to resume on September 2.

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IGP: Fainting by minors in court was scripted

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Kayode Egbetokun, inspector-general of police (IGP), says the fainting by some minors at the Abuja federal high court was “scripted”.

On Friday, the police arraigned 76 suspects – who are mostly minors – for participating in the #EndBadGovernance protest in August.

They are facing 10 counts bordering on mutiny, treason, and destruction of public property.

 

Before they could take a plea, at least four of them collapsed. The court later granted the defendants – who looked ill and malnourished – N10 million bail each.

 

In a statement, Olumuyiwa Adejobi, spokesperson of the police, quoted Egbetokun as saying that the police have worked to balance justice with compassion and ensured that each suspect’s basic rights and privileges are respected.

 

“Today, an unexpected incident in court saw six of the suspects suddenly rush out and faint, drawing media attention in a deliberate and scripted manner to draw negative attention,” he said.

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“Medical aid was promptly provided to these individuals, demonstrating the Police Force’s commitment to the welfare of those in its custody, irrespective of the allegations they face.

 

“While committed to upholding justice, the Nigeria Police Force remains sensitive to the rights of all individuals, including young persons. Under Nigerian law, individuals who have reached the age of criminal responsibility are answerable for their actions, regardless of their age.

 

“This principle aligns with global practices, where accountability is upheld for young individuals who commit serious offenses. As seen in other jurisdictions, including the United Kingdom, age does not exempt individuals from facing legal consequences.

 

“However, each case is approached with empathy and in accordance with human rights standards.”

 

The IGP added that the police would maintain “professionalism” throughout the legal process.

 

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Police arrest 16-year-old girl for poisoning ex-boyfriend, four others

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The Edo State Police Command has detained a 16-year-old girl, Aisha Suleiman, who is accused of fatally poisoning her ex-boyfriend, identified as Emmanuel, and four other young men in Afashio community in the Etsako West Local Government Area of Edo State.

The tragic discovery was reported on October 26, 2024, when Emmanuel’s father, Mr Elogie Ezekiel, arrived at his son’s apartment around 6:30 a.m. that day and saw some lifeless bodies in the house.

Ezekiel reportedly found the body of a young man, Nurudeen, in the corridor.

 

Moving further into the apartment, he discovered Emmanuel, 19, and his girlfriend, identified as Ada Samuel, also 16, lying lifeless on the bedroom bed.

 

Two other friends of Emmanuel’s, Samuel and Jeffrey Ayegwalo, both siblings, were found unresponsive in the sitting room.

All five were immediately transported to the hospital, where doctors pronounced them dead on arrival.

 

Some sources in the area noted that the victims had just consumed a pot of pepper soup prepared by Suleiman for the five friends.

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The investigation took a significant turn three days later when police received a report that Suleiman, who was alleged to have poisoned the victims, was about to be lynched by a group of young men from the community.

 

The state Police Public Relations Officer, SP Moses Yamu, said that police officers from the Jattu Division were quickly mobilised to the scene, intervened, and transported Suleiman safely to the station.

 

“The case has been transferred to the State Criminal Investigation Department to conduct a thorough investigation,” Yamu added.

 

Meanwhile, the Commissioner of Police, CP Umoru Ozigi, has ordered a detailed investigation, instructing officers to pursue every possible lead to determine the true cause of death in the case.

He also warned against any form of mob action, urging the community to allow the police to carry out their duties. CP Ozigi reassured the public that justice would be pursued diligently.

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Good Morning! Here Are Some Major News Headlines In The Newspapers Today: EFCC arrests Edo accountant general over huge withdrawals days to Obaseki’s handover

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1. Less than 11 days to the handing over to the Governor-elect, Sen. Monday Okpebholo, by the outgoing Governor Godwin Obaseki of Edo State, the Economic and Financial Crimes Commission (EFCC) has arrested the State Accountant General, Mr. Julius O. Anelu, and four other officials said to be signatories to the state government accounts.

 

2. There was outrage on Friday after minors detained for three months over their involvement in the #EndBadGovernance protest collapsed during their arraignment in court. At the end of the sitting, the Federal High Court in Abuja granted bail to the 76 defendants, of which 26 were between 14 and 17 years of age. Most of the suspects looked unkempt and malnourished.

 

3. President Bola Tinubu has kicked against the recommendation of the National Economic Council (NEC) to withdraw the tax reform bills generating controversy. In a statement on Friday by Bayo Onanuga, his media aide, Tinubu asked NEC to allow the process to run its full course.

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4. Oil marketers, on Friday, revealed that the price of Premium Motor Spirit, popularly called petrol, produced by the Dangote Petroleum Refinery was between N1,015 and N1,028/litre depending on the quantity being purchased. Based on this, the dealers vowed to import the commodity and sell it below the Dangote refinery price, as well as the price being sold by the Nigerian National Petroleum Company Limited.

 

5. The Chairman of the All Progressives Congress Caretaker Committee in Rivers State, Tony Okocha, on Friday, warned critics against distorting the narrative of the crisis rocking the state, insisting that Governor Siminalayi Fubara is the investment of the Minister of the Federal Capital Territory, Nyesom Wike. Okocha disclosed this during a media parley with journalists at the party’s national secretariat in Abuja.

 

6. Edo State Police Command has detained a 16-year-old girl, Aisha Suleiman, who is accused of fatally poisoning her ex-boyfriend, identified as Emmanuel, and four other young men in Afashio community in the Etsako West Local Government Area of Edo State. The state Police Public Relations Officer, SP Moses Yamu said on Friday that police officers from the Jattu Division were quickly mobilised to the scene, intervened, and transported Suleiman safely to the station.

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7. The Chief Magistrate Court in Abuja has granted the detained social media critic, Martins Otse, popularly known as VeryDarkMan N2m bail and other stringent conditions. VeryDarkMan was arraigned on Friday at Court 1, Chief Magistrate Court, Wuse Zone 6, in the Federal Capital Territory for unauthorised use of a police uniform.

 

8. Ebonyi State Police Command announced the arrest of 177 suspects for various crimes in October 2024, including four linked to alleged organ harvesting and ritual killings. At a news conference in Abakaliki on Friday, the command’s Public Relations Officer, DSP Joshua Ukandu, disclosed the arrests, which included 162 males and 15 females. Ninety-two suspects have been charged to court, with others pending further investigation.

 

9. Suspected bandits have abducted 20 passengers along the link road between the Mariga and Kontagora local government areas of Niger State. The passengers were travelling along the road when bandits, who had mounted a blockade, forced them into a nearby forest.

READ  Court sentences 82-yr-old traditional ruler to death over murder of ‘witchcraft suspect’

 

10. Justice Deinde Dipeolu of the Federal High Court sitting in Lagos has ordered the final forfeiture of the sum of $2.045m, seven choice landed properties and share certificates linked to the former Governor of the Central Bank of Nigeria, Godwin Emefiele. Justice Dipeolu also yesterday, ordered the permanent forfeiture of the monies and the two share certificates of Queensdorf Global Fund Limited Trust.

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