Binance executives drag NSA Ribadu, EFCC to court

Detained Binance executive, Tigran Gambaryan, has commenced a lawsuit at the Federal high court in Abuja against the National Security Adviser, NSA, Nuhu Ribadu, and the Economic and Financial Crimes Commission, EFCC.

In the originating motion dated March 18 and filed by his lawyer, Olujoke Aliyu, from Aluko and Oyebode Law Firm, the Binance executive sought five reliefs before Justice Inyang Ekwo.

Also, Nadeem Anjarwalla, the Binance’s Africa regional manager who escaped from lawful custody March 22, filed a separate right enforcement suit before Justice Ekwo.

It would be recalled that Gambaryan and Anjarwalla, in the suits marked: FHC/ABJ/CS/356/24 and FHC/ABJ/CS/355/24, had sued the Office of NSA (ONSA) and EFCC as 1st and 2nd respondents.

The detention of Binance officials in Nigeria began months after the crypto exchange platform pleaded guilty and agreed to pay $4.3 billion to settle criminal money laundering charges levied by the US Department of Justice.

Binance founder and CEO Changpeng Zhao, also known as CZ, pleaded guilty and agreed to resign.

His criminal trial has been postponed to 30 April by a US court.