Binance Holdings Limited has expressed its willingness to resolve any alleged past issues with the Nigerian Government and has called for the release of its detained executive, Tigran Gambaryan.
Gambaryan, who was arraigned at the Federal High Court in Abuja on Monday for alleged money laundering, appeared in court on crutches, visibly in pain, after being denied the use of a wheelchair. His lawyers have filed a new bail application on medical grounds, citing restricted access to him for trial preparation, but the Economic and Financial Crimes Commission (EFCC) opposed the request.
Binance condemned the treatment of Gambaryan, particularly the decision to deny him a wheelchair during the court proceedings. In a statement shared with the press, the company voiced its concern over Gambaryan’s deteriorating health and reiterated its desire to engage in constructive dialogue with the Nigerian authorities.
“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,” the statement read. “We are extremely distressed by the video of Tigran in court yesterday. His health is rapidly declining and we are deeply concerned about the long-term consequences of this unjust detention.”
Binance emphasized that Nigeria does not need to detain Gambaryan for the company to address any alleged past issues, pointing to recent resolutions with Brazil and India as examples of how such matters can be resolved through dialogue and legal adherence. The company urged the Nigerian Government to allow Gambaryan to return home and continue constructive engagement.
