EFCC amends charge against Binance Holdings Ltd after Gambaryan’s discharge

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The Economic and Financial Crimes Commission (EFCC), on Monday, amended the alleged $35.4 million money laundering charge filed against Binance Holdings Limited.

EFCC’s Lawyer, Ekele Iheanacho, SAN, told Justice Emeka Nwite of the agency’s resolve to amend the alleged $35.4 million charge following the discharge of Tigran Gambaryan, the 2nd defendant, in the charge. Iheanacho, who applied that the amended charge be ready to the defendant in line with Section 478 of the Administration of Criminal Justice Act (ACJA), 2015, prayed the court to enter a non-guilty plea for the defendant.

Judge’s absence stalls Nnamdi Kanu’s N50bn suit against Nigerian Govt

DailySun Pg.5,Nigeria Tribune Pg.7

The absence of Justice Inyang Ekwo of the Abuja Federal High Court, on Monday stalled a N50 billion suit filed by Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra, IPOB, against the Federal Government.

The case, which was fixed for Monday, could not proceed because Justice Ekwo was on official engagement in another division of the court.

The case was subsequently slated for February 11, 2025, for further mention.  Kanu’s lawyer, Aloy Ejimakor, at one of the earlier proceedings, had told Justice Ekwo that he had filed a notice for a change of counsel.

Corruption: NBA threatens legal action against EFCC chair, Olukoyede

DailySun Pg.6,ThisDay Pg.12

The Nigerian Bar Association (NBA) has threatened to commence legal actions against the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, for accusing lawyers of compromising the fight against corruption.

Speaking at the sixth Annual Criminal Law Review Conference in Abuja, the EFCC boss noted that no mega financial fraud could take place without the input and support of lawyers. “The most traumatic discovery of the EFCC in recent years was the subjugation of national interest and well-being to personal interest by lawyers, who aided briefcase foreign investors to fleece the nation in dubious transactions.”

He cited “the P&ID scam, the Mambilla Power Project and Sunrise issues as cases in point.” 

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