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Binance Executives Sue Nigeria’s NSA and EFCC for Rights Violation

Published 29/03/2024, 06:16
Binance Executives Sue Nigeria’s NSA and EFCC for Rights Violation

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  • Binance executive Tigran Gambaryan sues Nigeria’s NSA and EFCC for allegedly violating his fundamental rights.
  • Gambaryan’s colleague Nadeem Anjarwalla also filed a separate lawsuit against the Nigerian authority.
  • The lawyers requested the court release Binance executives and return their passports.

In a recent update on Binance’s legal tussle with Nigeria, two Binance executives filed a lawsuit against the Nigerian authorities following Nigeria’s decision to arrest the executives.

According to a recent Reuters report, Tigran Gambaryan, a U.S. citizen and Binance’s head of financial crime compliance, sued Nigeria’s National Security Adviser (NSA) and the Economic Financial Crimes Commission (EFCC) for allegedly violating his fundamental rights.

In the originating motion filed on March 18, Gambaryan’s lawyer, Olujoke Aliyu, sought five reliefs before Justice Inyang Ekwo. The lawyers requested that the court permit Gambaryan’s release from legal custody and retrieve his passport.

In addition, Gambaryan sought a public apology from the NSA and EFCC and an injunction order against the authority’s future investigation.

The lawyers requested the court consider his detention and the seizure of his passport a “violation of his fundamental right to personal liberty” as guaranteed by Nigeria’s constitution. In addition, Binance’s African regional manager, Nadeem Anjarwalla, who fled from custody on March 22, filed a lawsuit separately in court.

These incidents happen on the heels of the Nigerian Department of State Security’s arrest of the two Binance executives in Nigeria’s capital city, Abuja. Following the Nigerian authorities’ finding that Binance Nigeria was allegedly involved in an illicit flow of $26 billion, executives were arrested and their passports seized.

The lawyers further explained Gambaryan and his colleague’s innocence, stating that they were arrested on February 26, when they came to Nigeria on an invitation from the NSA and EFCC to discuss the legal conflicts involving Binance. They added, “The only reason for his detention is because the government is requesting information from Binance and making demands on the company.”

The post Binance Executives Sue Nigeria’s NSA and EFCC for Rights Violation appeared first on Coin Edition.

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