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Bribery Allegations: Nigeria Disputes Binance's Charges

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by Giorgi Kostiuk

4 days ago


The Nigerian government has officially denied bribery allegations by Binance executive Tigran Gambaryan, related to his detention in the country.

Denial of Allegations by Nigerian Government

The Nigerian government, through its official X account, labeled Tigran Gambaryan's bribery allegations as misleading and defamatory. Mohammed Idris, the minister of information and national orientation, urged the public to disregard these unsubstantiated claims. The government stated that it was not officially involved in Gambaryan's first visit to Nigeria and only became aware of the alleged bribery later, leading to an investigation.

Tigran Gambaryan's Response to Government Statement

Tigran Gambaryan responded to the Nigerian government's statement, emphasizing that his first visit was at the invitation of the Nigerian Financial Intelligence Unit (FIU). He pointed out that the meeting leading to his detention was supposed to be friendly. Gambaryan denied any investigation or tactics from his side, claiming that his statement was not taken, and he faced court charges without evidence.

Context and Implications

Gambaryan alleged that the federal government's monetary policy was responsible for the naira's devaluation but clarified that he was not criticizing the policy itself. He claimed that the government manipulated the currency. Following this, Nigeria engaged in diplomatic negotiations with the US for his release on humanitarian grounds.

The ongoing allegations and responses concerning Gambaryan and his time in Nigeria continue to spark debate. Future developments may shed light on the true circumstances of the case.

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