Aluko & Oyebode, the law firm handling the case of Binance Holdings Limited, says Mr Tigran Gambaryan, the cryptocurrency firm’s executive, standing trial alongside the company in Nigeria, may die in Kuje Correctional Centre.

The law firm stated this in a letter addressed to the Deputy Chief Registrar of Federal High Court (FHC) and signed by a Partner, C.J. Caleb.

The letter, dated and filed on May 23, which was sighted on Sunday, was titled: “Re: Charge No: FHC/ABJ/CR/128/2024 – Application for the Provision of Medical Treatment to Mr. Tigran Gambrayan at Nizamiye Hospital,” acccorsding to NAN.

Caleb said: “We continue to act as counsel to Mr. Tigran Gambaryan, the 2nd defendant in the captioned suit pending before the Honourable Justice E. Nwite sitting at Court 9 of the Federal High Court, Abuja.”

He said Gambaryan, the Head of Financial Crimes Compliance of the cryptocurrency platform, broke down on Wednesday (May 22) in prison and was administered with “Intravenous (IV) treatment for malaria” by the medical personnel.

“Please be informed that the 2nd defendant, who is an American citizen and remanded at the Kuje Medium Correctional Facility is very ill and requires comprehensive medical attention at the best available hospital within the jurisdiction of this honourable court.

“The applicant broke down yesterday and the medical facility gave him Intravenous (IV) treatment for malaria,” he said

The lawyer, therefore, raised the alarm over Gambaryan’s continuous remand in the correctional facility, expressing fear for his life amid his alleged deteriorating health.

“The Consul Officer at the United States Consul Office in Abuja, emphasised the need for the applicant to receive comprehensive treatment because malaria is a severe disease for American citizens which can result in death because they do not have the immunity that ordinary Nigerians have against the disease,” he said in the letter.

Caleb, who said the defendant equally suffered from throat infection, added that “the Kuje Medium Correctional Facility is currently undergoing renovation works.”

According to him, given the above, we humbly apply that the applicant be transferred to Nizayime Hospital, Abuja, to receive comprehensive diagnoses and treatment for the preservation of his Iife.

The letter came six days after Justice Emeka Nwite of a Federal High Court declined to grant Gambaryan’s bail application moved by a lawyer in the defence team, Mark Mordi, SAN.

Justice Nwite had held that based on the affidavit evidence before him, Gambaryan would jump bail if the application was granted.

The judge held that the Economic and Financial Crimes Commission (EFCC) had overwhelming evidence against the applicant that he was a flight risk.

Justice Nwite ordered him to remain in remand throughout the hearing and determination of the alleged money laundering and terrorist financing charges.

NAN reports that on Thursday when the matter came up, the ailing Gambaryan collapsed in the open court over alleged ill-health.

The development occurred shortly after the matter was called for trial continuation before Justice Nwite.

His lawyer, Mr Mordi, explained to the court why his client could not stand as soon as the matter was called.