US President Joe Biden has expressed his appreciation to Nigerian President Bola Tinubu for securing the release of Binance’s compliance officer Tigran Gambaryan from prison.
Gambaryan, a former US Internal Revenue Service (IRS) agent, was visiting Nigeria to address regulatory concerns about Binance when local authorities arrested and jailed him on charges of money laundering and exploiting from an unlicensed financial institution.
Amid reports of Gambaryan’s deteriorating health and the Nigerian government’s refusal to provide him with adequate medical treatment, 18 US attorneys general wrote a joint letter telling Biden that Nigeria’s blatant abuse of power must be met with the fullest weight of the influence of the US government, given the financial consequences of the crisis. and political support that America provides to the current regime of the West African country.
Last week, Judge Emeka Nwite ordered that Gambaryan be released from Kuje Prison, where the warden was detained after his arraignment in April.
RU Adaba, a lawyer representing the plaintiff, said Nigeria is dropping the charges due to diplomatic interventions and given the extent of Gambaryan’s involvement as an employee of Binance.
The White House says Biden thanked Tinubu for the development in Gambaryan’s case during a recent phone call.
“President Biden expressed his condolences over the recent floods that hit northeastern Nigeria and underscored his appreciation for President Tinubu’s leadership in securing the humanitarian release of US citizen and former US law enforcement officer Tigran Gambaryan last week.”
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