A Nigerian court stated that detained executive Gambaryan can convey tax evasion allegations to Binance, and the tax evasion case will continue next week

ChainCatcher news, according to CoinDesk, Binance and its executives are facing money laundering and tax evasion charges, and the bail hearing for detained Binance compliance officer Tigran Gambaryan took place on Friday in Nigeria. The court ruled that the federal inland revenue service's tax evasion charges could be served to Binance through Gambaryan. Gambaryan's lawyer opposed this application on the grounds that they needed to review the amended charges to provide defense advice for Gambaryan, and the court agreed to postpone the matter until May 22 for further proceedings.

The Economic and Financial Crimes Commission (EFCC) money laundering trial began on Friday, with a Nigerian prosecutor calling Abdulkadir Abbas from the Nigerian Securities and Exchange Commission as the first prosecution witness. After the prosecution completed its questioning of the first witness, Tigran's lawyer requested a recess to obtain certified records of certain documents used for cross-examination of the witness in the evidence presentation. The court postponed the trial until noon on May 23.

A Binance spokesperson stated, "We are deeply disappointed that Tigran Gambaryan continues to be detained, as he has no decision-making power within the company. Tigran has dedicated most of his life to public service and fighting crime. The charges against him are completely unfounded. He should be released while discussions between Binance and Nigerian government officials continue."

Earlier today, it was reported that a Nigerian court denied bail for Binance executive Tigran Gambaryan.