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Binance executive Gambaryan departs Nigeria after eight months in detention
Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, has departed Nigeria after eight months of detention.
The world’s biggest cryptocurrency exchange made this disclosure in a statement shared with The PUNCH on Thursday.
“Today, American citizen Tigran Gambaryan left Nigeria to return home to his family after eight months of unlawful detention. Gambaryan was allowed to leave Kuje prison last night. His health has suffered significantly while in prison. He will now be able to finally receive the medical attention he desperately requires,” the exchange said.
This development follows a ruling by the Federal High Court in Abuja on Wednesday, which dismissed the money laundering charges brought against Gambaryan by the Economic and Financial Crimes Commission (EFCC).
During the court session, the EFCC explained that the case could not proceed at the last adjourned date due to Gambaryan’s declining health.
A review by the Nigerian Correctional Service, supported by the Office of the National Security Adviser, indicated that Gambaryan’s condition had worsened to the extent that he could hardly walk without the aid of a wheelchair.
Reacting to this development, Gambaryan’s wife, Yuki Gambaryan, expressed her relief at his release, stating, “It is a huge relief that this day has finally come. The past eight months have been a living nightmare. I wish it hadn’t taken this long for his release or that his health had not declined so much, but we can now focus on healing as a family.
“I want to express my deepest gratitude to the U.S. government for their efforts in securing his release. I also want to thank everyone who helped us throughout this ordeal. There were moments I feared this day would never come, but Tigran’s supporters gave me hope and strength.
“The road ahead for Tigran’s recovery is going to be difficult, and I appreciate being given the time and space to focus on that. Our children cannot wait to see their dad again,” she stated.
In February, Nigerian authorities detained Gambaryan and his colleague Nadeem Anjarwalla, a 37-year-old British-Kenyan who serves as the regional manager for Africa at Binance.
Both were charged with money laundering involving $35 million, as initiated by the anti-graft agency. While Anjarwalla managed to escape custody on March 22, 2024, Gambaryan was arraigned in court on April 8.
News
Joint Security Patrol Team wastes Kidnapper in gun duel along Enugu/Ukwu Road
By Kayode Sanni-Arewa
The Joint Security Patrol team led by the Anambra state police command has neutralized a notorious suspected kidnapper along the Enugu/Ukwu road .
The operation according to the state police command spokesperson Tochukwu Ikenga was carried out with local vigilante group who identified the suspect before he was chased and engaged in an exchange before he was neutralized.
The joint security patrol team was said to have responded to a distress call of the planned attack by the gang members of the suspect, before acting swiftly to the scene and engaged them, which led to some of the gang members escaping with bullet wounds.
One AK 47 rifle, two magazines and five rounds of live ammunition were recovered from the suspect, as manhunt for the fleeing suspects continue according to the police. The Anambra police command urges residents to remain vigilant and report any suspicious activities in their area to the nearest police station for prompt action.
News
Just in: Dangote Refinery reduces price of petrol to N970 per litre
The Dangote Group has announced a reduction in the price of its Premium Motor Spirit (PMS) to N970 per liter.
This was contained in a statement issued by Anthony Chiejina, the Group’s Chief Branding and Communications Officer, on Sunday.
Chiejina stated that the refinery has lowered its petrol price for marketers from N990 to N970 per liter, providing them with a N20 discount per liter.
Furthermore, he emphasized that despite the price reduction, the quality of the company’s products remains uncompromised.
The statement regarding the price adjustment reads:
“Dangote Petroleum Refinery has effected a reduction in the prevailing price of its Premium Motor Spirit (PMS) from N990/litre to N970/litre for the marketers.
“As the year comes to an end, this is our way of appreciating the good people of Nigeria for their unwavering support in making the Refinery a dream come true. In addition, this is to thank the government for their support as this will complement the measures put in place to encourage domestic enterprise for our collective well-being.
While the refinery would not compromise on the quality of its petroleum products, we assure you of best quality products that are environmentally friendly and sustainable.
“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply.”
News
Insecurity! Bandits k!ll 7 farmers, burn 50 bags of maize in Niger state
Bandits have k!lled seven farmers, including a vigilante, and burnt 50 bags of maize inside a truck in Bangi, Mariga Local Government Area of Niger State.
Sources on Saturday, November 23, told Daily Trust that the victims had gone to bring the harvested maize home from their farm when the bandits ambushed them, k!lled all the occupants in the truck and set the truck.
Bandits have killed seven of our farmers who had gone to farm to bring the maize they had harvested home. The attackers hid and waited until after the victims had loaded the 50 bags of maize into the truck and were about to take off to return home when they opened fire on them. After k!lling the victims, they also set the truck and the 50 bags of maize already loaded ablaze,” a source said.
He said it was difficult for farmers in Mariga to harvest their crops this year due to k!llings and kidnappings by bandits.
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