Tigran Gambaryan, an executive at Binance Holdings Limited, has entered a plea of not guilty in response to the money laundering charges brought against him by the Economic and Financial Crimes Commission (EFCC).
The arraignment took place on Monday, before Justice Emeka Nwite of the Federal High Court in Abuja.
The EFCC, a prominent regulatory agency, has accused Gambaryan of involvement in illicit financial activities. However, the executive firmly denies any wrongdoing and asserts his innocence in the matter. While the details of the case are yet to be disclosed, both sides are expected to present their arguments before the court in the coming proceedings.
Further updates on this case will be provided as new information emerges.