BREAKING: Court remands Binance executive in prison

A Federal High Court sitting in Abuja has remanded a Binance executive, Tigran Gambaryan, in Kuje Correctional Centre, pending the determination of his bail application.

The presiding judge, Justice Emeka Nwite, gave the order after Gambaryan pleaded not guilty to the money laundering charges preferred against him by the Economic and Financial Crimes Commission on Monday.

The judge subsequently adjourned the matter till April 18 for the ruling on his bail application and May 2 for commencement of trial.

More soon…