A Nigerian court has rejected Tigran Gambaryan’s claims of unlawful detention, affirming prosecutors’ authority over Binance-related investigations.
A Federal High Court on November 27, 2025, dismissed the suit filed by former Binance executive Tigran Gambaryan, who accused Nigeria’s Economic and Financial Crimes Commission (EFCC) of unlawful and prolonged detention. Gambaryan, an American citizen, said he traveled to Nigeria in February 2024 with colleague Nadeem Anjarwalla solely to attend a government-requested meeting with NSA and EFCC officials.
Justice Umar Mohammed ruled that the court would not “interfere” with the authority of Nigerian prosecutors investigating alleged money laundering and foreign exchange violations linked to Binance.
Gambaryan sought compensation and damages, arguing his detention was unjustified. EFCC counsel Olanrewaju Adeola countered that the detention was lawful, describing the suit as “a gross abuse of court processes.”
This comes as the Nigerian government pursues a separate legal action demanding $79.5 billion in economic loss claims and $2 billion in unpaid taxes from Binance, alongside a 26.75% interest rate.
Discover more from DiutoCoinNews
Subscribe to get the latest posts sent to your email.
