A Federal High Court in Abuja, Nigeria has set October 9 to deliver its ruling on the bail application of Tigran Gambaryan, an executive of Binance Holdings Limited, who cited serious health concerns. Justice Emeka Nwite announced the decision following arguments from Gambaryan’s defense counsel, Mark Mordi, and the prosecution counsel, Ekele Iheanacho, who opposed the bail request.
Gambaryan, a key executive at Binance, was arraigned in April by the Economic and Financial Crimes Commission (EFCC) on money laundering charges. His initial bail application was denied on May 17, and shortly after, he reportedly collapsed in court on May 23 due to ill health. His legal team and family have since raised alarms about his worsening condition, warning he might not survive without urgent medical intervention.
Gambaryan’s wife, Yuki Gambaryan, emphasized that he requires “highly specialised and risky surgery” for a herniated disc in his back. The ongoing health issues prompted the court to issue an arrest warrant on July 30 for Abraham Ehizojie, a medical doctor at the Kuje Correctional Center, after he failed to submit a medical report on Gambaryan’s condition.
The EFCC, on September 2, contested the claims about Gambaryan’s health status and filed a counter affidavit against his bail application. The defense team, led by Mordi, reiterated the urgent need for Gambaryan’s release on medical grounds in a new application filed on August 28.
On September 3, Binance publicly urged the Nigerian government to release Gambaryan due to his rapidly declining health, intensifying the legal and public scrutiny around the case.
