Though Nigeria’s tax authority dropped charges against two Binance executives in June, the pair will still face a trial for allegations of money laundering.
Prosecutors in Nigeria will move forward with a case brought by the country’s Economic and Financial Crimes Commission (EFCC) against Tigran Gambaryan, a Binance executive detained since February.
A spokesperson for the family told Cointelegraph that Gambaryan’s legal team began and ended its cross-examination of an EFCC witness on July 2. The government agency has filed money laundering charges against Gambaryan and Binance executive Nadeem Anjarwalla, who escaped custody in March and reportedly fled to Kenya.
Nigeria officials plan to resume Gambaryan’s trial on July 5. However, his family is reporting that his health has been deteriorating in the roughly 128 days since authorities detained him and Anjarwalla. According to the spokesperson, Gambaryan has had double pneumonia and malaria and reported aches and pains in his foot and back.