Binance Executive, Tigran Gambaryan, has been denied bail application by the Federal High Court Abuja.
Justice Emeka Nwite, while delivering the ruling, held that the bail application is declined as he has carefully gone through the application submitted before him and resolved that the defendant will jump bail if granted.
Gambaryan, his company, Binance Holdings Limited and a fellow top executive currently on the run, Nadeem Anjarwalla, were charged by the Economic and Financial Crimes Commission with money laundering and terrorism financing .