Wanted CBEX Promoter Submits Self To EFCC
Adefowora Abiodun, one of the wanted suspected promoters of the cryptocurrency trading platform Crypto Bridge Exchange, has surrendered himself to the Economic and Financial Crimes Commission (EFCC).
OSUN DEFENDER reports that Abiodun, alongside five others – Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim were recently declared wanted by the anti-graft agency.
Counsel for the suspect, Babatunde Busari, stated that his client decided to submit himself for investigation to clear his name and correct the false narrative being widely circulated in the media.
It would be recalled that Justice Emeka Nwite of the Federal High Court in Abuja had, in a ruling on Thursday last week, approved the EFCC’s request to arrest and detain six promoters of CBEX pending the conclusion of investigations into the alleged offences and possible prosecution.
After hearing the EFCC’s application, Justice Nwite ruled, “I have listened to the submission of learned counsel for the applicant. I have also reviewed the affidavit evidence and exhibits, along with the written address. I am satisfied that the application is meritorious and hereby grant it as prayed.”
All six promoters were declared wanted by the EFCC for their alleged involvement in a fraudulent investment scheme valued at over $1bn.
Following the declaration, Abiodun, accompanied by his lawyers, turned himself in at the EFCC headquarters at around 4:00 p.m. on Monday.
Abiodun expressed his willingness to cooperate with the EFCC.

Olamilekan Adigun is a graduate of Mass Communication with years of experience in journalism embedded in uncovering human interest stories. He also prioritises accuracy and factual reportage of issues.






