Afrocover
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us
No Result
View All Result
Afrocover
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us
No Result
View All Result
Afrocover
No Result
View All Result

CBEX promoter submits self to EFCC

By Rasheed Aladejana

April 28, 2025
in News
0
CBEX promoter submits self to  EFCC
Share on FacebookShare on TwitterShare on Whatsapp

Adefowora Abiodun, one of the suspected promoters of the cryptocurrency trading platform, Crypto Bridge Exchange, who was recently declared wanted by the Economic and Financial Crimes Commission (EFCC), has voluntarily submitted himself to the anti-graft agency.

Abiodun, accompanied by his lawyers, reported at the EFCC headquarters around 4:00 p.m. on Monday, expressing his readiness to cooperate with investigators.

His lawyer, Babatunde Busari, confirmed the development, saying his client voluntarily surrendered to clear his name and correct the “false narrative” making the rounds in the media.

Read also: EFCC declares four wanted over alleged CBEX crypto investment fraud

Read more: CBEX investors will get their money back – EFCC assures

“My client decided to submit himself for investigation in order to clear his name and correct the false narrative being widely circulated in the media,” Busari said.

Last week Thursday, Justice Emeka Nwite of the Federal High Court in Abuja had granted the EFCC’s request to arrest and detain six promoters of Crypto Bridge Exchange pending the conclusion of investigations into their alleged offenses and possible prosecution.

All six individuals were subsequently declared wanted for their alleged involvement in a fraudulent investment scheme estimated at over $1 billion.

Following the court ruling and the EFCC’s declaration, Abiodun made the decision to present himself before the agency.

Meanwhile, the EFCC has continued its investigation into the alleged massive fraud involving Crypto Bridge Exchange (CBEX).

Related Posts

Benin monarch alleges international plot to re-loot Netherlands- returned artefacts
Africa-Wide

Benin monarch alleges international plot to re-loot Netherlands- returned artefacts

The Oba of Benin, Oba Ewuare II, has raised concerns over an alleged attempt by an international cartel to...

by Rasheed Aladejana
June 19, 2025
NNPP slams Tinubu’s lukewarm response to Benue killings
News

NNPP slams Tinubu’s lukewarm response to Benue killings

Following the recent bloodshed in Benue State, the New Nigeria People’s Party has criticised the Federal Government, describing its...

by Emmanuel Oluwadola
June 19, 2025
Updated: Court grants Natasha N50m bail, rejects FG’s remand request
News

Updated: Court grants Natasha N50m bail, rejects FG’s remand request

The Federal Capital Territory High Court sitting in Abuja has granted bail to the Senator representing Kogi Central Senatorial...

by Rasheed Aladejana
June 19, 2025
Breaking: Court grants senator Natasha N50m bail
News

Breaking: Court grants senator Natasha N50m bail

The Federal Capital Territory High Court in Abuja has granted bail to the Senator representing Kogi Central Senatorial District,...

by Rasheed Aladejana
June 19, 2025
Next Post
EFCC charges staff on professionalism, integrity

EFCC charges staff on professionalism, integrity

Afrocover news

The Afrocover team is a group of media enthusiasts that are committed to illuminate information fairness and objective media coverage across Africa. We also cover the depth of African Politics, History, Culture, Entertainment, and the Economy as the case may be.

© 2025 Afrocover – All right reserved

Subscribe To Our Newsletter

Loading
Facebook Twitter
No Result
View All Result
  • Home
  • News
  • Politics & Policies
  • Africa-Wide
  • Opinions
  • Exclusive
  • About Us
    • Contact Us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.