Justice Ekwo, in a short ruling, dismissed the suit for lack of diligent prosecution.
At the last court’s session, March 28, 2024, Anjarwalla’s counsel, Tonye Krukrubo (SAN), had sought leave of the court to withdraw his appearance in the matter and the application was granted.
He said the matter was adjourned till Wednesday, June 19, 2024 for mention but no lawyer appeared for the applicant.
The Binance Executive and his colleague, Tigran Gambaryan, had filed separate human rights enforcement suits against the EFCC and NSA, seeking an order to release them from detention.
The two crypto-exchange executives, in the suits marked: FHC/ABJ/CS/355/24 and FHC/ABJ/CS/356/24, sued the ONSA and EFCC as first and second respondents.
Kukrubo, whose appearance on Wednesday was solely for Gambaryan, moved a motion seeking to amend his client-originating process, a request the EFCC lawyer, Olarewanju Adeola, opposed.
Justice Ekwo, however, granted Krukrubo’s request to amend his application.
He held that parties, by law, were entitled to amend their processes before judgment.
The court, however, fined Gambaryan the sum of N50, 000 to be paid to the EFCC for joining issues in the matter.
Justice Ekwo held that the fine must be paid before the next adjourned date of July 9.
Both Anjarwalla and Gambaryan, in their separate fundamental rights enforcement applications, sought a declaration that their detention and the seizure of their international travel passport contravened Section 35 (1) and (4) of the 1999 Constitution (as amended).
They claimed the act amounted to a violation of their fundamental rights to personal liberty as guaranteed by the constitution, among others.
Anjarwalla and Gambaryan are both United States citizens working for Binance, a crypto exchange platform.
The duo were arraigned on a 5-count charge bordering on alleged tax evasion, currency speculation and money laundering to the tune of $34,400,000 (Thirty-Four Million, Four Hundred Thousand United States Dollars).
When they were first arrested, they were kept in the custody of the NSA, however, Anjarwalla absconded from lawful custody on March 22, 2024, to Kenya.
Source: EFCC
Justice Ekwo, in a short ruling, dismissed the suit for lack of diligent prosecution.
At the last court’s session, March 28, 2024, Anjarwalla’s counsel, Tonye Krukrubo (SAN), had sought leave of the court to withdraw his appearance in the matter and the application was granted.
He said the matter was adjourned till Wednesday, June 19, 2024 for mention but no lawyer appeared for the applicant.
The Binance Executive and his colleague, Tigran Gambaryan, had filed separate human rights enforcement suits against the EFCC and NSA, seeking an order to release them from detention.
The two crypto-exchange executives, in the suits marked: FHC/ABJ/CS/355/24 and FHC/ABJ/CS/356/24, sued the ONSA and EFCC as first and second respondents.
Kukrubo, whose appearance on Wednesday was solely for Gambaryan, moved a motion seeking to amend his client-originating process, a request the EFCC lawyer, Olarewanju Adeola, opposed.
Justice Ekwo, however, granted Krukrubo’s request to amend his application.
He held that parties, by law, were entitled to amend their processes before judgment.
The court, however, fined Gambaryan the sum of N50, 000 to be paid to the EFCC for joining issues in the matter.
Justice Ekwo held that the fine must be paid before the next adjourned date of July 9.
Both Anjarwalla and Gambaryan, in their separate fundamental rights enforcement applications, sought a declaration that their detention and the seizure of their international travel passport contravened Section 35 (1) and (4) of the 1999 Constitution (as amended).
They claimed the act amounted to a violation of their fundamental rights to personal liberty as guaranteed by the constitution, among others.
Anjarwalla and Gambaryan are both United States citizens working for Binance, a crypto exchange platform.
The duo were arraigned on a 5-count charge bordering on alleged tax evasion, currency speculation and money laundering to the tune of $34,400,000 (Thirty-Four Million, Four Hundred Thousand United States Dollars).
When they were first arrested, they were kept in the custody of the NSA, however, Anjarwalla absconded from lawful custody on March 22, 2024, to Kenya.
Source: EFCC
.jpeg)
There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality.
BIS eleased a report on June 14, titled “Embracing diversity, advancing together – results of the 2023 BIS survey on central bank digital currencies and crypto.” The survey gathered insights from 86 central banks regarding their involvement in CBDC projects and cryptocurrency initiatives.
According to the report:
Ninety-four percent of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering different design features.
The report highlights that there has been a significant increase in experiments and pilot projects involving wholesale CBDCs, particularly in advanced economies, with some emerging markets and developing economies also intensifying their efforts in this area.
“Overall, the likelihood that central banks will issue a wholesale CBDC within the next six years now exceeds the likelihood that they will issue a retail CBDC,” the report
notes.
Central banks have also enhanced their engagement with stakeholders to inform CBDC design, with many still undecided on specific features, the BIS report details. Interoperability and programmability are frequently considered for wholesale CBDCs, while retail CBDCs are being evaluated for holding limits, interoperability, offline capabilities, and zero remuneration.
Regarding cryptocurrencies, the report states:
On crypto, the survey indicates that, to date, stablecoins are rarely used for payments outside the crypto ecosystem. Moreover, about two out of three responding jurisdictions have or are working on a framework to regulate stablecoins and other cryptoassets.
There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors for retail CBDCs, including holding limits and offline functionality.
BIS eleased a report on June 14, titled “Embracing diversity, advancing together – results of the 2023 BIS survey on central bank digital currencies and crypto.” The survey gathered insights from 86 central banks regarding their involvement in CBDC projects and cryptocurrency initiatives.
According to the report:
Ninety-four percent of surveyed central banks are exploring a central bank digital currency (CBDC). The survey suggests that central banks are proceeding at their own speed, taking diverse approaches and considering different design features.
The report highlights that there has been a significant increase in experiments and pilot projects involving wholesale CBDCs, particularly in advanced economies, with some emerging markets and developing economies also intensifying their efforts in this area.
“Overall, the likelihood that central banks will issue a wholesale CBDC within the next six years now exceeds the likelihood that they will issue a retail CBDC,” the report
notes.
Central banks have also enhanced their engagement with stakeholders to inform CBDC design, with many still undecided on specific features, the BIS report details. Interoperability and programmability are frequently considered for wholesale CBDCs, while retail CBDCs are being evaluated for holding limits, interoperability, offline capabilities, and zero remuneration.
Regarding cryptocurrencies, the report states:
On crypto, the survey indicates that, to date, stablecoins are rarely used for payments outside the crypto ecosystem. Moreover, about two out of three responding jurisdictions have or are working on a framework to regulate stablecoins and other cryptoassets.
BY OLUSEGUN TIMOTHY O.
READ: PSALM 3
.jpeg)
2 this week my goog news, I am available come to me in Jesus name.
3 Heaven of mercy, open over my destiny in Jesus name.
4 Anointing of success and fruitfulness posseis me in Jesus name.
5 Satanic roadblock clear off in my way in Jesus name.
6 Every satanic embargo placed on my work brake in Jesus name. Amen.
YORUBA EDITION
1 Oluwa modupe fun igbala okan mi.
2 Ni ose yi, iroyin Ayo mi wamiri ni Oruko Jesu
3 Orun Anu si sori ayanmo mi ni Oruko Jesu
4 Ifami ororoyan si ise rere ati ileso gbe mi wo loruko Jesu
5 Idaabu okunkun, e fi ona sile fun mi loruko Jesu.
6 Gbogbo ifowosowopo okunkun lori ise mi tuka loruko Jesu. Amin.
Jesus is Lord no controversy.
Please Share with others! Thanks!
BY OLUSEGUN TIMOTHY O.
READ: PSALM 3
2 this week my goog news, I am available come to me in Jesus name.
3 Heaven of mercy, open over my destiny in Jesus name.
4 Anointing of success and fruitfulness posseis me in Jesus name.
5 Satanic roadblock clear off in my way in Jesus name.
6 Every satanic embargo placed on my work brake in Jesus name. Amen.
YORUBA EDITION
1 Oluwa modupe fun igbala okan mi.
2 Ni ose yi, iroyin Ayo mi wamiri ni Oruko Jesu
3 Orun Anu si sori ayanmo mi ni Oruko Jesu
4 Ifami ororoyan si ise rere ati ileso gbe mi wo loruko Jesu
5 Idaabu okunkun, e fi ona sile fun mi loruko Jesu.
6 Gbogbo ifowosowopo okunkun lori ise mi tuka loruko Jesu. Amin.
Jesus is Lord no controversy.
Please Share with others! Thanks!
At no time did the court bailiff approach the EFCC to serve any of the Binance executives in its custody with a charge. At the last sitting of the court, counsel to the Federal Inland Revenue Service, FIRS, Moses Ideh, did not lodge such a complaint before the court. He only told the court that the Service was yet to serve the defendants.
The Commission, therefore, finds the news item preposterous and embarrassing. The public is enjoined to ignore it entirely.
Source: EFCC
At no time did the court bailiff approach the EFCC to serve any of the Binance executives in its custody with a charge. At the last sitting of the court, counsel to the Federal Inland Revenue Service, FIRS, Moses Ideh, did not lodge such a complaint before the court. He only told the court that the Service was yet to serve the defendants.
The Commission, therefore, finds the news item preposterous and embarrassing. The public is enjoined to ignore it entirely.
Source: EFCC
Learn how to apply for funding today!
Now, armed with $50 million in cash, the Octane Fund will focus on the following initiatives:
Learn how to apply for funding today!
Now, armed with $50 million in cash, the Octane Fund will focus on the following initiatives:
FAKE #SCAMALERT HANDLES
1. @Scam_Identified_DONT_BUY
2. @scam_alert
AUTHENTIC #SCAMALERT HANDLES
1. @SCAM_DETECTED
Correctly, there are a lot of such pages on DeSO which can't just categorized either as authentic or fake.
But unlike the confirmed authentic page above, they are all out to make profit by destroying other creator coin via false flags without any due diligent search.
They too can and should be flagged and added up here for people to know which is which.
FAKE #SCAMALERT HANDLES
1. @Scam_Identified_DONT_BUY
2. @scam_alert
AUTHENTIC #SCAMALERT HANDLES
1. @SCAM_DETECTED
Correctly, there are a lot of such pages on DeSO which can't just categorized either as authentic or fake.
But unlike the confirmed authentic page above, they are all out to make profit by destroying other creator coin via false flags without any due diligent search.
They too can and should be flagged and added up here for people to know which is which.
@latestNewsplus: You have until next 60seconds for our conversations here to be published!
6:56 PM
That’ll be enough
Sold
Found your article, I haven’t received any notification with @…
If you sent this article directly to me it would be faster
Sorry for inconvenience, but there are lots of scammers, I had to check you out
https://twitter.com/latestnewsplus
Is this your Twitter?
Any social media?
Instagram?
***"See the earliest conversations
@latestNewsplus: You have until next 60seconds for our conversations here to be published!
6:56 PM
That’ll be enough
Sold
Found your article, I haven’t received any notification with @…
If you sent this article directly to me it would be faster
Sorry for inconvenience, but there are lots of scammers, I had to check you out
https://twitter.com/latestnewsplus
Is this your Twitter?
Any social media?
Instagram?
***"See the earliest conversations
