On Tuesday, Binance Holdings Limited announced that it was willing to “settle any alleged past issue” with the government of Nigeria.
To do this, the cryptocurrency trading platform pleaded with the Nigerian government to free Tigran Gambaryan, one of its jailed executives.
Gambaryan was charged with money laundering on Monday at the Federal High Court in Abuja.
When Gambaryan appeared, he was not given a wheelchair and was forced to walk into the courtroom on crutches, looking very uncomfortable and in agony.
In addition to alleging limited access to him for trial preparation, his attorneys had submitted a fresh bail application for medical reasons.
However, the bail request was rejected by the Economic and Financial Crimes Commission, or EFCC.
During the hearings on Monday, the Nigerian government’s decision to refuse Gambaryan a wheelchair was criticised by Binance Holdings.
A statement issued to the media by Binance Holdings’s spokesman says:
“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. We are sharing an official statement from Binance on this matter.
“We are extremely distressed by the video of Tigran in court yesterday. This video is just a snapshot of Tigran’s current reality. His health is rapidly declining and we are deeply concerned about the long-term consequences of this unjust detention.
“Nigeria does not need to keep Tigran in order for us to settle any alleged past issues. We continue to implore the Government of Nigeria to let Tigran return home and let us continue in our engagements.
“Our recent resolutions with Brazil and India demonstrate how historical issues can be resolved through constructive dialogue and adherence to legal standards. This is the international standard of doing business.”
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cc: Daily Post Ng
