One of the suspected promoters of the cryptocurrency trading platform, Crypto Bridge Exchange (CBEX), Adefowora Abiodun, who was recently declared wanted by the Economic and Financial Crimes Commission (EFCC), has voluntarily surrendered to the commission to aid the investigation.

Abiodun, one of the four individuals earlier declared wanted by the EFCC over alleged involvement in a fraudulent investment scheme valued at over $1 billion, turned himself in yesterday and expressed willingness to cooperate with investigators.

The suspect, who arrived at the headquarters of the EFCC at 4 pm, was accompanied by his team of lawyers, relations and friends.

The commission had previously declared Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, and Adefowora Abiodun Olaonipekun wanted in connection with the scam linked to CBEX.

The Abuja division of the Federal High Court had last Thursday granted the EFCC permission to arrest and detain six suspected CBEX promoters pending the conclusion of investigations and possible prosecution.

Justice Emeka Nwite issued the order following an ex parte motion filed by EFCC counsel, Fadila Yusuf.

In granting the application, Justice Nwite said: ?I have listened to the submission of learned counsel for the applicant (EFCC).

?I have also gone through the affidavit evidence and exhibits, along with the written address. I am satisfied that the application is meritorious and hereby grant it as prayed.?

The suspects named in the court order include Adefowora Abiodun Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim, listed as first to sixth.

The counsel to suspect, Babatunde Busari, said his client decided to submit himself for investigation in order to clear his name and correct the false narrative widely held in the media. (Daily Sun)

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