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Home Economy Digital Assets

US Lawmakers Ask Biden to Pressure Nigeria to Release Binance Executive

In a letter to President Joe Biden, US policymakers indicated that Binance executive,Tigran Gambaryan, has been "unlawfully detained" in Nigeria

by Staff Writer
June 5, 2024
in Digital Assets
1
Binance Executive Tigran Gambaryan is Down with Malaria While on Money Laundering Trial in Nigeria
Tigran Gambaryan

Tigran Gambaryan

UBA
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U.S. lawmakers are urging President Joe Biden and top officials to take immediate action to pressurize President Bola Tinubu to release Tigran Gambaryan, a Binance executive and former federal agent.

Furthermore, they believe that Gambaryan has been unlawfully detained in Nigeria for over three months, according to Coingape report.

Coingage reported about a letter dated June 4, 2024, in which the policymakers addressed President Biden, Secretary of State Antony Blinken, and Special Presidential Envoy for Hostage Affairs Roger D. Carstens. Several House members, including Chairman Rep. Michael McCaul of the House Foreign GOP, expressed grave concerns about the Binance executive’s health and treatment in Nigerian custody.

Gambaryan, a U.S. citizen and distinguished former IRS agent, has been detained since February 26. At the time, he traveled to Nigeria for high-level meetings on Binance’s compliance issues.

Initially professional, the meetings turned hostile, leading to Gambaryan’s detention by Nigerian authorities.

“The Government of Nigeria took Mr. Gambaryan hostage,” the lawmakers wrote. Moreover, they detailed how Binance’s Gambaryan was forcibly taken to a government-owned house and held without communication for five days.

In addition, despite a court order on March 12 stating that the remand order had not been extended, Gambaryan’s detention continued unlawfully until new charges were filed. The action was taken allegedly in lieu of pursuing legal action against Binance. Hence, the letter emphasizes that Gambaryan “is being tried in lieu of pursuing legal action against his employer.”

Additionally, the conditions of Gambaryan’s detention have been severe. He is held in Kuje Prison, notorious for its harsh conditions, and has faced obstacles in meeting with his legal team without government supervision. More alarmingly, his health has deteriorated significantly.

“He tested positive for malaria, and when he requested hospital treatment, the prison officials declined his request,” the letter states. Earlier, Binance’s Gambaryan collapsed in court on May 23, prompting a judge to order his transfer to a private hospital. However, adequate healthcare has not been provided as of June 4.

The lawmakers assert that Gambaryan’s detention meets the criteria for being “wrongfully detained by a foreign government,” as defined in the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act. They urgently request that his case be transferred to the Office of the Special Presidential Envoy for Hostage Affairs. In addition, they emphasized the need for swift action to ensure the Binance exec’s safety.

“Mr. Gambaryan’s health and well-being are in danger, and we fear for his life. Immediate action is essential to ensure his safety and preserve his life,” the letter urges. However, despite the efforts by the US, Nigeria has refused to comply, which could worsen the situation.

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