The Federal High Court sitting in Abuja, on Monday, remanded a top official of Binance Holdings Limited, Tigran Gambaryan, in Kuje prison.
Trial Justice Emeka Nwite remanded the defendant after he pleaded not guilty to a money laundering charge that was preferred against him by the Economic and Financial Crimes Commission, EFCC.
The court prdered that he should remain in prison till April 18, when his bail application will be determined, even as it slated May 2 for the commencement of hearing on the substantive charge against him.
The Federal Government had arrested and detained Gambaryan and his colleague, Nadeem Anjarwalla, over alleged involvement of their firm in money laundering and terrorism financing.
But Anjarwalla, who is the Africa Regional Manager of Binance, escaped from custody and fled the country.
cpcnews.org 