The Gambaryan Controversy: What He Got Wrong About Ribadu and Nigeria

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Tigran Gambaryan, an embattled Binance executive, recently took to social media to share his dramatic account of his incarceration in Nigeria. His claims—ranging from bribery solicitation to high-level corruption—set off a firestorm of debates. But while his allegations against unnamed lawmakers gained traction, his attempt to implicate Nigeria’s National Security Adviser, Malam Nuhu Ribadu, fell flat.

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Ribadu’s longstanding reputation for integrity, including his famous rejection of a $15 million bribe during his tenure as EFCC Chairman, contradicts Gambaryan’s claim that he sought “billions” for a political future. Public figures and analysts, including Professor Farooq Kperogi, have dismissed these accusations as implausible, pointing out the lack of evidence and the sheer improbability of the scenario.

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What Gambaryan’s narrative conveniently sidesteps is Binance’s alleged involvement in money laundering and financial misconduct in Nigeria. His claims appear more like a diversion tactic than a genuine exposé. With his colleague Nadeem Anjarwalla fleeing detention rather than facing trial, the credibility of Binance’s stance is further questioned.

In the end, Gambaryan’s claims are not just unsubstantiated; they reflect a calculated attempt to shift the narrative. However, in law and in reality, the burden of proof lies with the accuser—something he has yet to meet.

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