Tigran Gambaryan

Binance Lawyer Seeks Fresh Bail For Exec Tigran Gambaryan Citing Health Concerns, EFCC Objects

The Economic and Financial Crimes Commission (EFCC) has countered the claims of deteriorating health condition by the family and legal team of detained Binance executive, Tigran Gambaryan, who is facing money laundering charges in Nigeria.

Recall that the family claimed that Gambaryan โ€œcan no longer walkโ€ due to health concerns involving a herniated disc.

EFCCโ€™s lead counsel, Ekene Iheanacho, informed Justice Emeka Nwite of the Federal High Court in Abuja on Monday, that the health concerns of the Binance executive were โ€œnot as seriousโ€ as he has been presenting them.

The opposition was in response to a fresh bail application by Gambaryanโ€™s lawyer, Mark Mordi, SAN, seeking the release of the Binance executive to attend to his health condition.

At the proceedings, Gambaryanโ€™s lawyer requested fresh bail for the defendant, alleging that his health was in jeopardy, stating that the bail application was filed on August 28, 2024.

He expressed his desire for the bail application to be heard on Monday, as the medical report of his client has not been provided to him as directed by the court.

Iheanacho, however, stated that he had filed a counter affidavit to the bail application.

He mentioned that the appropriate authorities had given him the medical records, and from the records he reviewed, Gambaryanโ€™s health challenge โ€œis not as seriousโ€ as it has been portrayed.

The Binance legal team maintained that the executiveโ€™s health is deteriorating, adding, โ€œIt is most unfortunate that this is happening in Nigeria today.โ€

Iheanacho responded, saying, โ€œMy Lord, I donโ€™t want to go into detail about this issue. Ordinarily, the defendant has been living with this (herniated disc) condition for the past 12 years before he came to Nigeria. It is not as if it is a new issue.โ€

The EFCC lawyer maintained that Nigerian authorities have been taking care of him in terms of due diligence, and have taken him to different hospitals, adding that the only problem is the issue of presenting the medical report to the court.

He also submitted that prison officials report that Gambaryan walks within the facility.

โ€œIn terms of taking him to different medical facilities, they (prison) have been doing that,โ€ he said.

He argued that it was unfair for Binance to paint the picture of Gambaryan as someone without properly medical care.

Gambaryan interjected, acknowledging that he has had the (disk) condition for 12 years.

โ€œIt was treated, but when the condition goes untreated at a prison or a medical facility, this is what happens. Iโ€™ve been complaining about this forever, and nothing was done,โ€ he said in open court, adding that the lack of appropriate treatment has caused permanent nerve damage, resulting in his current state.

Justice Emeka Nwite adjourned the matter to September 4.