US Lawmakers Demand White House Intervention for Detained Binance Executive in Nigeria

• US lawmakers have intensified efforts to secure the release of a Binance executive detained in Nigeria since February.
• Tigran Gambaryan, Head of Financial Crime Compliance at Binance, was detained during his visit to discuss compliance issues with Nigerian officials.
• Legislators argue that Gambaryan’s detention is unwarranted and serves as a coercive measure against Binance.

US Lawmakers Push for Release of Detained Binance Executive in Nigeria

Gambaryan’s Detainment Linked to Alleged Naira Collapse

In March, Nigerian authorities filed charges against Binance and its executives, including Tigran Gambaryan and Nadeem Anjarwalla, accusing the crypto exchange of contributing to the devaluation of the local currency, the Naira. The charges have sparked significant controversy and concern among US lawmakers.

Legislators’ Appeal to the White House

In a recent letter, prominent members of the US House of Representatives, led by Chairman Michael McCaul and Representative Rich McCormick, called on President Joe Biden and other top officials to intervene in Gambaryan’s case. The lawmakers described the charges as baseless and stressed that Gambaryan is being used as a bargaining chip to pressure Binance.

Health Concerns and Detention Conditions

Reports indicate that Gambaryan has experienced severe conditions during his detainment, including contracting malaria. The situation worsened when his request for hospital treatment was initially denied by prison officials. It was only after collapsing in court that a judge ordered his transfer to a private hospital. Despite this, full compliance with the court’s order has not been achieved, leaving Gambaryan’s health in jeopardy.

Calls for Immediate Action from the Special Presidential Envoy for Hostage Affairs

The lawmakers have urged for Gambaryan’s case to be handed over to the Office of the Special Presidential Envoy for Hostage Affairs. This office specializes in securing the release of Americans wrongfully detained or taken hostage abroad. The urgency of this request underscores the critical nature of Gambaryan’s health and safety.

Conclusion

The US legislators’ call to action highlights the pressing need for high-level intervention to secure the release of Tigran Gambaryan. With health concerns escalating, immediate measures are essential to ensure his safety and prevent further deterioration of his well-being. The unfolding situation remains closely monitored as all parties await a resolution.