Cryptocurrencies

The Nigerian federal government has denied allegations that the conditions of detention of a company executive are poor.

The Nigerian federal government has denied allegations of poor conditions of detention of Binance CEO Tigran Gambaryan, stressing that he receives good medical care and comprehensive consular services, underlining its commitment to due process and judicial integrity.

The statement of appeal was issued on Friday June 21 by Muhammad Idris, Nigeria’s Minister of Information and National Guidance.

source: Minister Muhammad Idris

Idris’ statement follows a recent message from two US Congress members, Representatives French Hill (R) and Chrissy Houlahan (D), who visited Gambarian at the Kogi detention center on June 19, 2024 and posted a video of the visit on X to demand his release.

Statement

Idris emphasized in his statement that Gambarian’s detention is based on a court order and only the court can change the conditions or release him. The minister explained that Gambarian has access to necessary health services despite his legal detention.

“It has become imperative for the Nigerian Federal Government to respond to allegations that Binance CEO Tigran Gambaryan is being held in poor prison conditions in Nigeria or that his health is deteriorating. We would like to emphasize that these allegations are false and should be ignored.

The minister stressed that Gambarian enjoys the full consular support of his local government. He highlighted the government’s commitment to protecting his fundamental rights, including access to quality healthcare and fair trial, as he faces legal action in Nigeria.

“The Nigerian federal government will continue to follow due process in its quest to bring Binance to justice – a legitimate sovereign effort that is also being pursued in many other countries around the world.”

US lawmakers support Gambarian’s release

Gambaryan’s wife Yuki has called on the Economic and Financial Crimes Commission (EFCC) to follow the lead of the Federal Inland Revenue Service (FIRS) and release her husband, citing the recent withdrawal of charges by the FIRS as precedent .

U.S. lawmakers backed her, saying Tigran dedicated his career to fighting money laundering and tax evasion. They say he spent ten years as an IRS special agent and successfully investigated cyber and financial crimes.

During the June 21 hearing, Security and Exchange Commission (SEC) Director Abdulkadir Abbas resumed his testimony in the EFCC case against Binance and Gambarian, reiterating that Binance failed to obtain the necessary registration to operate in Nigeria.

The case was postponed until July 1 for further interrogation.

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