Adefowora Abiodun, one of the suspected promoters of the cryptocurrency platform Crypto Bridge Exchange (CBEX) recently declared wanted by the Economic and Financial Crimes Commission (EFCC), voluntarily surrendered to the agency on Monday.
Last Thursday, Justice Emeka Nwite of the Federal High Court, Abuja, granted the EFCC’s request to arrest and detain six CBEX promoters pending the conclusion of investigations into alleged financial crimes and potential prosecution. The EFCC’s counsel, Fadila Yusuf, had filed the application that led to the court’s ruling.
Alongside Abiodun, the other individuals declared wanted include Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim. They are accused of running a fraudulent investment scheme estimated at over $1 billion.
Following the court’s declaration, Abiodun, accompanied by his legal team, presented himself at the EFCC headquarters around 4:00 p.m. on Monday. His counsel, Babatunde Busari, stated that Abiodun willingly surrendered to the anti-graft agency to assist in the investigation, clear his name, and address what he described as a false narrative circulating in the media.
Hobnob News gathered that the EFCC has commenced detailed interrogation of the suspect as part of broader efforts to uncover the full extent of the alleged fraud.
