Binance executive Tigran Gambaryan was denied bail by a Nigerian judge, a family spokesperson said Friday. The court’s decision to deny him bail has been met with disappointment, especially considering his declining health. Gambaryan, who serves as the crypto exchange’s head of financial crime compliance, has been held in Nigeria since February.
The company expressed its commitment to collaborating with the Nigerian government in light of this situation. Gambaryan was initially detained alongside another Binance employee, Nadeem Anjarwalla, who escaped custody in March. While he was originally charged with tax evasion and money laundering, the tax charges were later dropped.
In September, the court postponed a decision on bail. Gambaryan’s legal team subsequently submitted a new bail application, highlighting his worsening medical condition. His lawyers informed the court that he has required surgery since July 18 and urgently needs medical attention that is not available in prison. Gambaryan has been battling malaria, pneumonia, and tonsillitis during his time in detention. Additionally, he suffers from complications related to a herniated disc in his back, which has left him reliant on a wheelchair.
Despite his health challenges, Gambaryan appeared in court without a wheelchair during his last hearing, struggling on a single crutch instead. His wife, Yuki Gamabryan, expressed her frustration at the court’s decision, emphasizing the injustice of denying her husband access to necessary medical care. She remains determined to continue advocating for his release and hopes that the damage he has endured will not be permanent.
The situation has garnered attention and raised concerns about the treatment of individuals in detention, particularly those facing health issues. As the legal proceedings unfold, it is crucial to prioritize the well-being and rights of all individuals involved. The case serves as a reminder of the complexities and challenges within the legal and judicial systems, highlighting the importance of upholding principles of justice and fairness.
It is imperative for authorities to consider the humanitarian aspects of cases like Gambaryan’s and ensure that individuals receive the necessary care and support, especially when facing health challenges. As the situation continues to develop, it is essential to monitor the proceedings closely and advocate for a just and equitable resolution for all parties involved.