Key Points
– Despite pressure from US officials, Nigeria remains steadfast in its legal actions against Binance executive Tigran Gambaryan.
– Gambaryan, facing health issues due to harsh detention conditions, has attracted political attention in the US.
– Former federal prosecutors and agents are urging Secretary of State Tony Blinken to intervene and free Gambaryan.
– Gambaryan, a former federal agent and Binance employee, was detained in Nigeria for alleged financial crimes.
– Despite calls for his release, Nigerian authorities maintain that the charges against Gambaryan are legitimate and follow due legal processes.

The Story of Tigran Gambaryan
Amid escalating tensions, Nigeria is resolute in its pursuit of justice against Binance executive Tigran Gambaryan, despite mounting pressure from US lawmakers and former officials. Approximately 100 former federal prosecutors and agents have penned a letter to Secretary of State Tony Blinken, urging immediate action to secure Gambaryan’s release. The letter, initially disclosed by Axios, underscores the strained diplomatic relations between the two nations and emphasizes the critical need to address Gambaryan’s deteriorating situation.

Gambaryan, a former federal agent and current mid-level employee at Binance, has been held in Nigeria under severe conditions for approximately three months. Accused of benefiting from illicit transactions, Gambaryan and Binance’s Africa regional manager Nadeem Anjarwalla were apprehended on February 26, 2024. While Anjarwalla managed to escape custody in March, Gambaryan faces a $35 million indictment for money laundering and tax infractions as part of Nigeria’s broader crackdown on cryptocurrency channels.

A Cry for Justice
Former federal prosecutor Katie Haun spearheaded the letter, emphasizing Gambaryan’s declining health due to the absence of legal and medical aid. The letter also sheds light on Kuje Prison, where Gambaryan is incarcerated, known for housing Nigeria’s most dangerous criminals. It highlights Gambaryan’s pivotal role in significant investigations, including those related to child exploitation, national security, and terrorism financing. Former colleagues attest to his unwavering commitment to upholding the rule of law, recounting his tireless efforts in combating major criminal activities.

Political Pressure in the US
The plea for Gambaryan’s release has garnered substantial political attention in the US, with Chairman of the House Foreign Affairs Committee Michael McCaul and 15 other Members of Congress urging President Joe Biden to take immediate steps to bring Gambaryan back home. The letter underscores Gambaryan’s battle with malaria and the urgent need for his repatriation.

Nigeria’s Position
Conversely, Nigerian authorities affirm the validity of the charges against Gambaryan, asserting that due legal procedures have been followed in the trial for illegal cryptocurrency trading involving him and Binance. Minister of Information Mohammed Idris maintains that the prosecution’s case is supported by evidence, with the next court hearing scheduled for June 20, 2024.

As the upcoming court hearing looms, all eyes are fixed on Nigeria, awaiting the resolution of this international standoff.