Court dismisses Binance executive’s fresh bail application

Justice Emeka Nwite of the Federal High Court, Abuja, on Friday, dismissed a fresh bail application filed by the detained Binance Holdings Limited’s executive, Tigran Gambaryan.

The judge dismissed the application because it constituted an abuse of court process.

Nwite held that Gambaryan’s request could not be granted when he was still challenging the earlier ruling on the bail application at the Court of Appeal.

The judge, who stressed that the defendant failed to withdraw his pending appeal against the earlier ruling on his bail application before filling another motion, said such an act amounted to an abuse of the court process.

He said: “There is no gainsaying on this leg alone that this application is bound to fail.”

He declared that Gambaryan had not shown to the court that the Nigerian Correctional Service (NCoS) lacked the facility or had failed to take care of his ill health.

READ ALSO: Absence of judge stalls ruling in Binance executive’s bail application

“Therefore, the facts before the court have shown that the Nigerian Correctional Service can treat the second defendant,” the judge added.

He, however, ordered the NCoS to refer Gambaryan to any standard hospital in Abuja for two to three days.

He subsequently adjourned the matter till October 18, November 22 and November 25 for continuation of trial

Justice Nwite had fixed Friday for the ruling on the second bail application due to his absence in court on Wednesday.

The counsel to the Economic and Financial Crimes Commission (EFCC), Ekele Iheanacho (SAN), had on September 4 opposed the bail application moved by Mark Mordi (SAN), on Gambaryan’s behalf.

Iheanacho, who argued that the Binance executive was being given the best medical treatment by the NCoS, alleged that the defendant at one time rejected the medical intervention by the State House Clinic in Abuja.

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