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Binance Executive Pleads Not Guilty Of Money Laundering

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An executive of Binance Holdings Limited, Tigran Gambaryan, has been arraigned before a Federal High Court in Abuja.
He pleaded not guilty to the money laundering charges preferred against him by the Economic and Financial Crimes Commission (EFCC).

Gambaryan was arraigned yesterday by the EFCC before Justice Emeka Nwite of the court.
Counsel to the accused person had raised a preliminary objection to the charge before the court.

But before the arraignment, Justice Emeka Nwite, in a brief ruling, dismissed the objection by Gambaryan to taking a plea on behalf of Binance on the ground that he was not their representative and had no written authority to do so.

Justice Nwite in dismissing the objection held that Gambaryan had in an affidavit claimed to be representative of the company and transacted businesses on its behalf in Nigeria.

The anti-graft agency through its counsel, Ekele Iheanacho said the offences which were committed between January 2023 and December 2023 in Abuja were contrary to and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022.

Count one alleged that the defendants between January 2023 and January 2024 in Abuja carried out specialised business of other financial institutions without valid licence.

The offence is said to be contrary to Section 57(1) and (2) of the Banks and Other Financial Institutions Act, 2020 and punishable under Section 57(5) of the same Act.

Although the foreign national pleaded to be remanded at the custody of the Economic and Financial Crimes Commission EFCC, the plea was turned down by Justice Nwite.

The judge subsequently ordered that the defendant be taken to Kuje Prison on remand.
Justice Nwite fixed April 18, 2024, for the hearing of the defendant’s application for bail and May 2 for trial.

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Crime

ICPC Recovers Alleged Wiretapping Devices from El Rufai Home, Secures 14 Day Detention Order

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By Omoniyi David

The Independent Corrupt Practices and Other Related Offences Commission said it recovered suspected wiretapping devices and sensitive security documents from the Abuja residence of former Kaduna State governor Nasir el Rufai.

The commission disclosed that a Magistrate Court in Bwari, Federal Capital Territory, granted a 14 day detention order to allow investigators conclude their probe.

According to the agency, electronic equipment capable of intercepting phone conversations was discovered during a search at el Rufai’s Asokoro home. Officials also said documents described as sensitive to national security were recovered.

The ICPC dismissed claims that the former governor was being unlawfully detained or politically targeted, insisting that due process was followed.

In filings before the Federal Capital Territory High Court, the commission urged the court to dismiss el Rufai’s suit alleging violation of his fundamental rights, maintaining that its actions were lawful and necessary for a thorough investigation.

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Crime

Police Arrest Two in Abuja Over Alleged Homicide of 16 Year Old

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By Onyeanya Ebere Immaculata

Operatives of the Nigeria Police Force, Federal Capital Territory (FCT), Command, have arrested two suspects over the alleged culpable homicide of a 16 year old boy, Chidera Benjamin, in the Byazhin area of Abuja.

The suspects, identified as Cosmos Okafor, 31, and Okechukwu Wisdom, 17, were arrested following the incident which occurred on Thursday, February 12, 2026, according to the FCT Police Public Relations Officer, SP Josephine Adeh.

Adeh said police received a distress call that Benjamin allegedly attacked his mother with a machete during a domestic dispute. Preliminary findings showed the mother had accused him of transferring money from her bank account to his Opay account without her consent.

The boy allegedly became violent during the confrontation and inflicted serious injury on her hand.

The police said two neighbours who witnessed the incident allegedly attacked the teenager in response. He sustained severe injuries and was rushed to Kubwa General Hospital, where he was confirmed dead.

The suspects are in custody and will be charged to court after investigations. The FCT Commissioner of Police, CP Miller Dantawaye, urged residents to avoid jungle justice and resolve disputes through lawful means.

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Crime

Poison Allegation: Expect DSS Invitation, NSA Office Replies El-Rufai

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By Patrick Idowu

The Office of the National Security Adviser (ONSA), has replied former Kaduna State governor, Malam Nasir El-Rufai, over his allegation that the agency imported a toxic chemical from Poland, telling him to expect an invitation from the Department of State Services (DSS), as the matter has been referred for investigation.

El-Rufai had written to the National Security Adviser, Nuhu Ribadu, claiming opposition leaders had information that ONSA procured about 10 kilograms of thallium sulphate, a highly poisonous substance.

He requested clarification on the purpose, supplier, permits, quantity, storage arrangements and regulatory oversight, including involvement of agencies such as NAFDAC and the Nigeria Centre for Disease Control.

In a response released to journalists on Sunday night, ONSA denied the allegation, stating it neither procured nor initiated any process to purchase thallium sulphate and had no intention of doing so.

The letter, signed by Brigadier-General O.M. Adesuyi on behalf of the NSA, said the allegation had been referred to the DSS for a comprehensive investigation, adding that El-Rufai and others with relevant information would be invited to provide evidence.

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