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A Federal High Court in Abuja , on Thursday, adjourned the trial in the money laundering case against Binance Holdings Limited and two of its executives, Tigran Gambaryan and Nadeem Anjarwalla, till May 17.
The defendant's counsel, Tony Krukrubo, during today's proceedings, informed the court that he had not yet received the additional proof of evidence.
The court bailiff reported that his attempts to serve Gambaryan the documents in Kuje prison on April 30 were strongly refused.
Gambaryan instructed him to serve the documents on Binance Holdings Limited's lawyer instead, as the company now has its legal representation.
The trial judge, Justice Emeka Nwite, ordered that Binance’s counsel be served the documents in court.
The matter was subsequently adjourned after the service.
The judge said, “This matter will now be adjourned till May 17 for trial”.
Gambaryan, through his counsel, Mark Mordi, had tried to convince the court why he should be granted bail.
Among others, Mordi contended that his client has been in custody for more than 50 days in a foreign land without visits from family members and this is hard for him.
Iheanacho contended that Gambaryan posed a flight risk just like his counterpart Anjarwalla.
He also told the court that the defendant had attempted to secure a new international passport from the United States of America Embassy in the pretense that his own was missing.
He further told the court that the defendant is a dual citizen of two nationalities.
An American and Armenian by birth.
Gambaryan, his company, Binance Holdings Limited, and Anjarwalla, another top executive currently on the run were arrested and detained by the Federal Government over the alleged involvement of their firm in money laundering to the tune of $35 million.
