Would you like to receive notifications on latest updates of the following headlines?

Binance Chief Anjarwalla Loses Suit Against NSA, EFCC

POSTED ON June 20, 2024 •   Breaking News      BY Benedicta Bassey •   VIEWS 39
Africa Regional Manager of Binance Holdings Limited, Nadeem Anjarwalla/ Photo credit: naija.gov.ng

A Federal High Court, sitting in Abuja, has dismissed the suit filed by the Africa Regional Manager of Binance Holdings Limited, Nadeem Anjarwalla, against the National Security Adviser and the Economic and Financial Crimes Commission.

Justice Inyang Ekwo, in a short ruling, dismissed the suit for lack of diligent prosecution.

Recall that the judge said Anjarwalla’s counsel, Tonye Krukrubo (SAN), had sought leave to withdraw his appearance in the matter and the application was granted.

He said the matter was adjourned until Wednesday (yesterday) for mention but no lawyer appeared for the applicant.

The Binance executive and his colleague, Tigran Gambaryan, had filed separate human rights enforcement suits against the NSA and EFCC, seeking an order to release them from detention.

The two crypto-exchange executives, in the suits marked: FHC/ABJ/CS/355/24 and FHC/ABJ/CS/356/24, sued the ONSA and EFCC as first and second respondents.

Kukrubo had moved a motion seeking to amend his client-originating process, a request the EFCC lawyer, Olarewanju Adeola, opposed.

Justice Ekwo, however, granted Krukrubo’s request to amend his application.

He held that parties, by law, were entitled to amend their processes before judgment, “I am minded to grant this amendment,” he said.

The court, however, fined Gambaryan the sum of N50,000 to be paid to the EFCC for joining issues in the matter.

Justice Ekwo held that the fine must be paid before the next adjourned date of July 9.

Both Anjarwalla and Gambaryan, in their separate fundamental rights enforcement applications, sought a declaration that their detention and the seizure of their international travel passport contravened Section 35 (1) and (4) of the 1999 Constitution (as amended).

They claimed the act amounted to a violation of their fundamental rights to personal liberty as guaranteed by the constitution, among others.

Anjarwalla and Gambaryan are both United States citizens working for Binance, a crypto exchange platform.

RECOMMENDED FOR YOU
Trump Triumph After Remarkable Wins in Presidential Debate
BY Benedicta Bassey June 30, 2024 0

Former US  President Donald Trump is taking a victory lap following the aftermath of Thursday n...

RECOMMENDED FOR YOU
Bolivia's President  Finds New Strength After Failed Military Coup
BY Benedicta Bassey June 30, 2024 0

Bolivian leftist President Luis Arce said major support on the streets had strengthened his governme...

RECOMMENDED FOR YOU
UK'll Emerge Safe Haven For Business Under Labour, Says Rachel Reeves
BY Benedicta Bassey June 30, 2024 0

Britain will be a safe haven for business under Labour as Europe turns to populism, Rachel Reeves ha...

RECOMMENDED FOR YOU
Nwokolo Claims Fifth Belt With WBA, UBO Win
BY Benedicta Bassey June 30, 2024 0

Nigeria’s Emeka Nwokolo captured the vacant WBA North American Boxing Association super welter...

RECOMMENDED FOR YOU
SAN Calls For Urgent Review of 1999 Constitution
BY Benedicta Bassey June 30, 2024 0

A Senior Advocate of Nigeria, Afam Osigwe, has on Sunday called for an elaborate review of the 1999...

RECOMMENDED FOR YOU
Edo APC Urges EFCC To Probe Obaseki's Govt
BY Benedicta Bassey June 30, 2024 0

The Edo State chapter of the All Progressives Congress on Saturday accused the government led by Gov...

RECOMMENDED FOR YOU
Obi Cautions Against Violent Protest, Begs FG For Kanu Release
BY Benedicta Bassey June 30, 2024 0

The presidential candidate of the Labour Party in the 2023 general elections, Peter Obi, has called...

RECOMMENDED FOR YOU
Presidency Dismisses Claim of Running  Four Budgets in 2024
BY Benedicta Bassey June 30, 2024 0

The Presidency on Sunday debunked the claims that it will run four budgets in the 2024 fiscal year....

OUR CHANNELS:

OTHER ARTICLES ::

1st July, 2024
Betty Irabor, Family Debunk Rumor Of Olu Jacob's Death
BY Ebiakuboere England July 1, 2024 0

Founder of Genevieve Magazine, Betty Irabor, has debunked news making the rounds that Nollywood vete...


Veteran actor Olu Jacobs Dies Aged 82 - Report
BY Ebiakuboere England July 1, 2024 0

Veteran Nollywood actor, Olu Jacobs is dead. The actor reportedly passed away on Sunday, June 30, a...


Actress Ngozi Nwosu Congratulates Sharon Ooja On Wedding
BY Ebiakuboere England July 1, 2024 0

Veteran Nollywood actress Ngozi Ezeonu has joined others in congratulating Sharon Ooja on the succes...


Ebuka Songs Speaks On Feud With Boss, Moses Bliss
BY Ebiakuboere England July 1, 2024 0

Nigerian gospel sensation, Ebuka Emmanuel Hillary, also known as Ebuka Songs, has finally put an end...


Meeting Ibu On Sickbed For First Time Was Frustrating --- First Daughter Amarachi
BY Ebiakuboere England July 1, 2024 0

Amarachi Okafor, the first daughter of the late Nollywood legend, Mr. John Okafor, popularly known a...


Kennechukwu Aliozoranigbo wins ₦10M On 'The Pyramid Game Show'
BY Ebiakuboere England July 1, 2024 0

Kennechukwu Aliozoranigbo has emerged winner of N10 million in the seventh episode of the top-rated...


World Bank: Yemen’s GDP Per Capita Declined by 54%
BY Abiodun Saheed Omodara July 1, 2024 0

Yemen's economy is still facing significant challenges due to ongoing conflict and regional tensions...


FCCPC Pickets Three Foreign Steel Firms
BY Abiodun Saheed Omodara July 1, 2024 0

The Federal Competition and Consumer Protection Commission (FCCPC) has revealed that it has taken ac...


DKK Partners LIRS to Promote Tax Education
BY Abiodun Saheed Omodara July 1, 2024 0

The Lagos State Internal Revenue Services has collaborated with DKK Nigeria to organize a debate com...


Nigeria’s FX Reserves Reached $34.14bn
BY Abiodun Saheed Omodara July 1, 2024 0

Nigeria's foreign reserves have continued to rise, reaching $34.14 billion on Friday, showing a 4.06...


Menu