The Federal High Court sitting in Abuja has discharged the two Binance executives facing trial for alleged tax evasion, Tigran Gambaryan, a 39-year-old American, and fugitive Nadeem Anjarwalla.
The two executives were dragged to court by Federal Inland Revenue Service (FIRS) over alleged tax evasion.
The court made the decision following fresh amended charges filed by the FIRS in view of a notice from Binance about its appointment of a Nigerian representative, Ayodele Omotilewa.
Gambaryan and fleeing Anjarwalla are facing a four-count charge by the Nigerian government brought before the court, a case now before Emeka Nwite, the trial judge.
Even though Binance had no legal representation in court, Gambaryan took to the dock to have the charges read to him.
But his counsel, Chukwuka Ikwazuonu, notified the court that his client had not been served with the charge, stating it was rather too hasty to have him take to the dock without knowing what his client is about to be tried for.
The prosecutor from the FIRS, Moses Ideho, informed the judge that service of the charge hadnโt been possible due to lack of access to the defendant in custody.
This prompted the Court to order service of the charge on the defendant in open court. And following this, the judge adjourned till 19 April for arraignment of Gambaryan.
In the second case by the anti-graft agency, the EFCC, through its counsel E.E. Iheanacho informed the Court that he had served Gambaryan with the charge.
But Mark Mordi, counsel for the defendant, this time around, said Binance, the company which he represents hasnโt been served, therefore arraignment couldnโt go ahead.
Moreso, as itโs a joint charge, Mordi argued that itโs necessary to serve every person individually with the charges before the case can go ahead. He also informed the Court that his client declined service of the charge on behalf of Binance because he wasnโt authorized to do so.
The prosecutor however maintained that the defendant, being a top official of Binance was a fitting representative of the company in this particular instance.
But stated that in the alternative however, the Court can enter a not guilty plea for Binance to allow the case go ahead.