Binance Holdings Limited, a crypto currency platform has today expressed its readiness to “settle any alleged past issue” with the Nigerian Government so that its relationship should go back to normal. Accordingly, the cryptocurrency trading platform has urged the Nigerian Government to release its detained executive, Tigran Gambaryan, so that they can find headway to resolve all issues at stake.
Yesterday Monday, 3rd September, 2024, Gambaryan was arraigned at the Federal High Court in Abuja for offence bordering on money laundering.
When Gambaryan was paraded before the court, he was denied a wheelchair and had to enter the court on crutches, visibly in pain and distressed.
Although his lawyers had filed a new bail application citing medical grounds, as well as alleged restricted access to him for trial preparation.
However, the Economic and Financial Crimes Commission, EFCC, has opposed the bail application.
In protest, the company had condemned the decision of the Nigerian Government to deny Gambaryan a wheelchair during the Monday’s proceedings.
Consequently, the Binance Company has released a statement saying, “A video circulating shows the mistreatment and pain he’s enduring. The judge ordered that Tigran be allowed to use a wheelchair, with the bail hearing continuing on September 4th. We are sharing an official statement from Binance on this matter.
“We are extremely distressed by the video of Tigran in court yesterday. This video is just a snapshot of Tigran’s current reality. His health is rapidly declining and we are deeply concerned about the long term consequences of this unjust detention.
“Nigeria does not need to keep Tigran in order for us to settle any alleged past issues. We continue to implore the Government of Nigeria to let Tigran return home and let us continue in our engagements.
“Our recent resolutions with Brazil and India demonstrate how historical issues can be resolved through constructive dialogue and adherence to legal standards. This is the international standard of doing business” The statement concluded.