The Binance According to a spokesman for the family of imprisoned executive Tigran Gambaryan, Nigeria’s money laundering trial has been postponed until May 17.
Although it was originally scheduled for today, the trial was postponed. Binance’s attorney reportedly protested in court, according to Reuters, that he had not received the further evidence he required to build his case. After serving him in court, the judge gave him more time to carefully review the evidence, which is said to be 300 pages lengthy.
Alongside British-Kenyan regional manager for Africa Nadeem Anjarwalla, Gambaryan, the head of financial compliance for Binance and a citizen of the United States, was detained in Nigeria in February. Nearly a month later, Nigerian authorities charged the corporation and its officials with tax evasion and money laundering.
Since then, Anjarwalla has escaped, and authorities in Nigeria have been searching for him. While he awaits his bail hearing, which is scheduled for May 17 concurrently with the tax evasion trial, Gambaryan is being held at Kuje jail. The exchange had not been legally served with accusations, thus the tax evasion trial was also rescheduled till April.