• Latest
  • Trending
  • All
CBEX Fraud Suspect Voluntarily Surrenders to EFCC

CBEX Fraud Suspect Voluntarily Surrenders to EFCC

April 29, 2025
Obi Questions Nigeria’s Rising Debt, Demands Transparency on Borrowed Funds

Obi Questions Nigeria’s Rising Debt, Demands Transparency on Borrowed Funds

June 9, 2026
Sowore: Demolish Looters’ Mansions Like Kidnappers’ Hideouts

Sowore: Demolish Looters’ Mansions Like Kidnappers’ Hideouts

June 9, 2026
Ondo Man Arrested for Allegedly Beating Father to Death During Dispute

Police Rescue Abducted Woman, Arrest Four Suspects In Ondo

June 9, 2026
39 Residents Abducted During Peace Meeting With Zamfara Bandit Leader’s Parents

39 Residents Abducted During Peace Meeting With Zamfara Bandit Leader’s Parents

June 9, 2026
Edo Woman, Three Accomplices Arrested for Allegedly Faking Kidnapping to Demand ₦50 Million Ransom

Edo Woman, Three Accomplices Arrested for Allegedly Faking Kidnapping to Demand ₦50 Million Ransom

June 9, 2026
Borno Stakeholders Appeal for Release of 42 Abducted Schoolchildren

Borno Stakeholders Appeal for Release of 42 Abducted Schoolchildren

June 9, 2026
Abducted Oyo School Principal Denies N1bn Ransom, Sharia Law Demands by Kidnappers

Abducted Oyo School Principal Denies N1bn Ransom, Sharia Law Demands by Kidnappers

June 9, 2026
Oyo Fulani Leader Reveals Kidnappers Killed His Child After He Refused ₦80 Million Ransom Demand

Oyo Fulani Leader Reveals Kidnappers Killed His Child After He Refused ₦80 Million Ransom Demand

June 8, 2026
Gani Adams Warns of Rising Insecurity in Yorubaland, Renews Call for State Police

Gani Adams Warns of Rising Insecurity in Yorubaland, Renews Call for State Police

June 8, 2026
Senator Alli Denies Link To Kidnap Of Adelabu’s Sister, Twin Sons

Senator Alli Denies Link To Kidnap Of Adelabu’s Sister, Twin Sons

June 8, 2026
Tinubu Recounts How Pastor Adeboye Described Him As ‘Father Of The Nation’

Tinubu Recounts How Pastor Adeboye Described Him As ‘Father Of The Nation’

June 8, 2026
Ogbomoso Chief Imam Rejects Terrorism Allegations, Urges Swift Rescue Of Abducted Oyo Pupils And Teachers

Ogbomoso Chief Imam Rejects Terrorism Allegations, Urges Swift Rescue Of Abducted Oyo Pupils And Teachers

June 7, 2026
Tuesday, June 9, 2026
DriveTv News
  • METRO
  • LATEST
  • NEWS
  • POLITICS
  • ENTERTAINMENT
  • BUSINESS
  • DRIVETV YORUBA
  • SPORTS
No Result
View All Result
DriveTv News
No Result
View All Result
Home LATEST

CBEX Fraud Suspect Voluntarily Surrenders to EFCC

by admin
April 29, 2025
in LATEST, METRO, NEWS
0 0
0
CBEX Fraud Suspect Voluntarily Surrenders to EFCC
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

Adefowora Abiodun, identified as one of the alleged promoters of the cryptocurrency platform Crypto Bridge Exchange (CBEX), has voluntarily appeared before the Economic and Financial Crimes Commission (EFCC) for questioning.

Abiodun arrived at the EFCC’s headquarters at approximately 4:00 p.m. on Monday, accompanied by his legal team. He expressed his willingness to cooperate with investigators. He is one of four individuals previously declared wanted by the EFCC in connection with an alleged fraudulent investment operation reportedly exceeding $1 billion.

The EFCC had earlier named Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, and Adefowora Abiodun Olaonipekun as suspects linked to the CBEX scheme.

Last week, the Federal High Court in Abuja approved a request from the EFCC to arrest and detain six individuals suspected of involvement in the CBEX case. The ruling, delivered by Justice Emeka Nwite, followed an ex parte motion submitted by EFCC counsel Fadila Yusuf.

Justice Nwite stated: “Having reviewed the submissions, supporting affidavit, and accompanying documents, I find the application to be well-founded and hereby grant the request.”

Those listed in the court’s detention order include Adefowora Abiodun Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim.

Representing Abiodun, his lawyer Babatunde Busari, Esq., said that his client voluntarily approached the EFCC to defend himself and correct public misconceptions regarding his alleged involvement.

 

Tags: Adefowora AbiodunCBEXcryptocurrency fraudDrivetvnewsEFCCfinancial crimeinvestment scam
ShareTweetPin
admin

admin

BUSINESS

Obi Questions Nigeria’s Rising Debt, Demands Transparency on Borrowed Funds

June 9, 2026
LATEST

Sowore: Demolish Looters’ Mansions Like Kidnappers’ Hideouts

June 9, 2026
LATEST

Police Rescue Abducted Woman, Arrest Four Suspects In Ondo

June 9, 2026
LATEST

39 Residents Abducted During Peace Meeting With Zamfara Bandit Leader’s Parents

June 9, 2026

Categories

  • BUSINESS
  • ENTERTAINMENT
  • LATEST
  • METRO
  • NEWS
  • POLITICS
  • Uncategorized

Recent Comments

    About Us

    Welcome to DriveTv News, your No.1 news vehicle that drives you around with the latest and most comprehensive news and updates from across Nigeria. Our platform is dedicated to delivering timely, accurate, and unbiased news, covering a wide range of topics, including politics, business, entertainment, sports, technology, and more.

    Newsletter

    • Home
    • About Us
    • Contact Us
    • Privacy Policy

    Copyright © 2023. DriveTv News. All

    No Result
    View All Result
    • METRO
    • LATEST
    • NEWS
    • POLITICS
    • ENTERTAINMENT
    • BUSINESS
    • DRIVETV YORUBA
    • SPORTS

    Copyright © 2023. DriveTv News. All

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In