Crime
Court Rejects Medical Bail Application Of Binance Executive In Money Laundering Case
Court Rejects Medical Bail Application Of Binance Executive In Money Laundering Case. Justice Emeka Nwite of the Federal High Court in Abuja has refused the fresh bail application of the detained Binance Holdings Executive, Tigran Gambaryan.....KINDLY READ THE FULL STORY HERE▶
In his ruling on the motion for bail on medical grounds, Justice Nwite rejected the request, noting that renowned Nigerian medical experts were already managing his health.
The Judge, however, ordered the Nigerian Correctional Service to refer Gambaryan to a standard hospital in Abuja for treatment for three days to two weeks under security supervision.
He subsequently adjourned the case to October 18, November 22 and 25, for the continuation of trial. Counsel to Gambaryan, Mark Mordi had previously argued that his client’s health was “perilous.” He stated his client required surgery for a herniated disc and psychiatric care due to depression and anxiety.
Mordi requested a six-week bail for Gambaryan to seek proper medical attention outside prison, citing inadequate care in custody.
The EFCC lawyer, Ekele Iheanacho, objected to the defence’s claims, arguing that they exaggerated the severity of Gambaryan’s condition. He contended that the second defendant could receive treatment while detained at Kuje Correctional Facility, asserting that his health was not serious enough to warrant bail.
Iheanacho noted that Gambaryan had been taken to top medical institutions, including the State House Clinic and Nizamiye Hospital, and that a medical report from the State House Clinic indicated he had refused medication and treatment.
He further stated that reports from Nizamiye Hospital showed Gambaryan received comprehensive care and had exhibited no health deterioration.
Iheanacho reiterated that it had not been demonstrated that Gambaryan’s health condition could not be managed by the Nigerian Correctional Service. He claimed, “Experts have been engaged, and the NCS is taking care of him. The results so far show no serious illness. Complaints have been sent to the National Security Adviser.”
Gambaryan is facing $35.4 million in money laundering charges brought against him by the Economic and Financial Crimes Commission.
An Ogun State Magistrate Court presided over by Magistrate O.L. Oke has sentenced two men, Moruf Okusanya (40) and Babatunde Gafar (33), to seven years in prison each without an option of a fine, following their conviction on a four-count charge.....KINDLY READ THE FULL STORY HERE▶
Case Background and Prosecution
The convicts were apprehended following a violent cult clash at the Ikenne Town Hall on October 23, 2023, which severely disrupted public peace and local activities.
Prosecuting officer ASP Olaide Rawlings established during the trial that Okusanya belonged to the Eiye Confraternity, while Gafar was affiliated with the Alora Confraternity, alongside other accomplices currently at large. Their actions violated several provisions of the Prohibition of Forcible Entry and Occupation of Landed Properties, Armed Robbery, Cultism, Kidnapping and Other Anti-Violent and Related Offences Law of Ogun State, 2016.
Finding the prosecution’s evidence credible and compelling beyond a reasonable doubt, Magistrate Oke delivered the sentence to serve as a strict deterrent against unlawful secret societies and violent disturbances in the state.
The Nigeria Police Force, operating via the INTERPOL National Central Bureau (NCB) in Abuja, successfully apprehended and repatriated Mahadijiria Abdoulaye, a Chadian national wanted by authorities in N’Djamena over the May 3, 2026, murder and torture of Nazik Mahamat Saleh . Following an international arrest warrant issued on June 22, 2026, by the Court of Appeal in N’Djamena for Abdoulaye and her accomplice Fatime Senoussi Mouktar—alongside links to narcotics trafficking—the suspect fled to Nigeria. Intelligence-led operations tracked her down to Railway Quarters in Nasarawa Local Government Area, Kano State, where she was arrested on August 5, 2026. Under established bilateral frameworks and in collaboration with INTERPOL NCB N’Djamena, she was repatriated back to Chad via Lomé, Togo, on August 14, 2026, to face trial. Inspector-General of Police IGP Olatunji Disu lauded the operatives for their exemplary coordination, emphasizing the force’s resolve to dismantle trans-border criminal networks and prevent Nigeria from serving as a safe haven for international fugitives.....KINDLY READ THE FULL STORY HERE▶
A Federal High Court in Ikoyi, Lagos, has sentenced Sunmonu Olasunkanmi Thaoban to four years in prison for laundering ₦16 million by disguising its illegal origins and converting it into a 2018 black G-Wagon Jeep.....KINDLY READ THE FULL STORY HERE▶
Court Sentences Man to Four Years for ₦16 Million Money Laundering, Forfeits G-Wagon
A Federal High Court in Ikoyi, Lagos, has sentenced Sunmonu Olasunkanmi Thaoban to four years in prison for laundering ₦16 million by disguising its illegal origins and converting it into a 2018 black G-Wagon Jeep.
Key Details of the Case
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Guilty Plea & Sentencing: Justice Akintayo Aluko handed down the sentence on Thursday after Thaoban pleaded guilty to a two-count EFCC charge, alongside an alternative fine option of ₦1.8 million.
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The Offense: Prosecutors stated that Thaoban acted as a middleman in 2023, funneling illicit funds to purchase the luxury vehicle, violating the Money Laundering (Prevention and Prohibition) Act, 2022.
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Asset Forfeiture: In addition to the prison term, the judge ordered the permanent forfeiture of both the convict’s G-Wagon and mobile phone to the Federal Government.
Related BDC Convictions
In a separate proceeding, Justice Aluko also convicted four Bureau de Change (BDC) operators—Umar Muhammad Lamido, Yusuf Musa Yusuf, Abdulmuhimin Mahmud, and Muhammed Musa—for conducting unauthorized foreign exchange transactions outside the official market. Following their guilty pleas, each received a 12-month prison sentence with an option of a ₦100,000 fine.
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