The defences application, a further affidavit in response to the opposition of the Economic and Financial Crimes Commission (EFCC) to the initial bail application filed before the court, could not be heard because the EFCCs counsel, Ekele Iheanacho, prayed for an adjournment to properly respond to it.

The hearing of the bail application of Binance Holdings Limited and one of its Executives, Tigran Gambaryan, before Justice Emeka Nwite of the Federal High Court in Abuja was on Thursday stalled.

This followed a fresh application filed by the counsel for the second defendant, Mark Mordi (SAN), a statement the EFCC Head of Media and Publicity, Dele Oyewale, said on Wednesday.

The defences application, a further affidavit in response to the opposition of the Economic and Financial Crimes Commission (EFCC) to the initial bail application filed before the court, could not be heard because the EFCCs counsel, Ekele Iheanacho, prayed for an adjournment to properly respond to it.

My Lord, this is a criminal trial, we need to do the needful. It will be unfair for me to be shut down on the issue of fair trial.

Its not even convenient on my own part to seek for this adjournment, but the needful needs to be done, my Lord. That is why we are applying for a short adjournment for Monday or Tuesday to reconvene, and to file our further counter affidavit, he said.

Meanwhile, Mordi didnt oppose the prosecutions prayer for adjournment but said the prosecution was claiming they had intelligence that the defendant was a flight risk and might run away.

My Lord, it is a fact we didnt know, that they had an intelligence that the defendant may run away because he has dual nationality. He knew it, he didnt say it, and all we are doing is to respond to what he will say here in the court.

He can say that now and we can continue. We can give him two hours to do so because the liberty of my client is at stake, he said.

Justice Nwite, after listening to the counsels, adjourned the matter till April 22, 2024, for the hearing of the bail application.

Tigran Gambaryan is facing trial by the EFCC over alleged $34,400,000 (Thirty-Four Million, Four Hundred Thousand United States Dollars), money laundering charges.

He was arraigned alongside Binance Holdings Ltd and Nadeem Anjarwalla, (who is currently at large) on five counts bordering on alleged tax evasion, currency speculation and money laundering.

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