Court summons CBN Gov over the detained executive of Binance

The head of the apex bank’s legal services department and the governor of the Central Bank of Nigeria have been summoned by a Federal High Court in Abuja to appear before it on Monday, September 2, with specific documents. This is the new date set for the trial to continue in the money laundering case against Binance Holdings Limited and its executives.

The defense team requested a date modification, which the court approved by moving the trial ahead one month earlier than scheduled. At the last court sitting, Justice Emeka Nwite, the presiding judge, postpone the case to October 11.

Binance USA’s Head of Financial Crime Compliance, Tigan Gambaryan, and the exchange’s British-Kenyan regional manager for Africa, Nadeem Anjarwalla, are facing money laundering charges to the tune of $35m brought against them by the Economic and Financial Crimes Commission.

Gambaryan and Anjarwalla were initially both detained in the custody of the Office of the National Security Adviser.

Anjarwalla, however, fled lawful custody on March 22, 2024, while his counterpart, Gambaryan, was moved from ONSA custody to EFCC custody and afterwards to Kuje Correctional Facility, where he is currently detained.

In the document titled Subpoena Duces Tecum, with charge number: FHC/ABCR/138/2024, between the Federal Republic of Nigeria versus Binance Holdings Limited and Tigran Gambaryan, the court asked the apex bank’s heads to appear before it or delegate someone to do so.

It read, “The Governor, Central Bank of Nigeria Plot 33, Abubakar Tafawa Balewa Way, Central Business District, Abuja – FCT.

“You or any other officer you may delegate are commanded in the name of the President of the Federal Republic of Nigeria to attend before the Federal High Court, Abuja Judicial Division, presided over by the Honourable Justice E. Nwite, on the 2nd day of September 2024 at 9 o’clock in the forenoon, and from day to day until the above cause is tried, to bring with you and produce at the time and place mentioned the following documents.

“Certified True Copy of the excel spreadsheet captioned ‘Export Exchange Rate Results’ published on the Central Bank of Nigeria’s website for the period from 1 June 2024 to 16 August 2024.”

In a separate document but with similar wording, the court summons, “The Head, Legal Services Department, Central Bank of Nigeria, Plot 33, Abubakar Tafawa Balewa Way, Central Business District, Abuja – FCT.

“You or any other officer you may delegate are commanded in the name of the President of the Federal Republic of Nigeria to attend before the Federal High Court, Abuja Judicial Division, presided over by the Honourable Justice E. Nwite, on the 2nd day of September 2024 at the hour of 9 o’clock in the forenoon, and from day to day until the above cause is tried, to bring with you and produce at the time and place mentioned the following documents,” part of the subpoena read.

Subscribe To ANE Talk Trends On Youtube

Subscribe To All Naija Entertainment On Youtube