celebrity radar - gossips

Abayomi’s $87m Theft Case: AAS Legal Team Calms Angry Investors As Court Adjourns Hearing

Abayomi’s $87m Theft Case: AAS Legal Team Calms Angry Investors As Court Adjourns Hearing

Sadly, the Federal High Court sitting in Abuja on Tuesday, May 14th, 2024 adjourned the hearing of Abayomi Oluwasesan and his wife who were charged by the IGP Kayode Egbetokun for gaining access to several millions of investors funds ($87m) of Afriq Arbitrage System, an online financial trading platform.

Although the matter was mentioned for hearing, the trial could not go on because of the absence of the Defendant lawyer.. The prosecutor Sidi Abdulrasheed reported to the court that the SAN holding brief for the suspect sent a letter requesting for an adjournment due to an emergency trip outside his jurisdiction.

Sidi complained that three of the four witnesses billed to testify  came from Lagos and expenses were incurred. He revealed that at the last sitting, the hearing could not be held because the defendant’s lawyer was also absent on the pretext of illness.

He therefore urged the court to bill the  defendants 500k each for flight of the witnesses .

In his response, Justice MS Idris appealed to the prosecutor to consider the defendants’ plea for an adjournment and consequently adjourned the case to June 10th and 11th, 2024, and the suspects were sent back to Suleja correctional centre.

Meanwhile, several angry investors who witnessed the proceeding expressed their anger at Abayomi. Counsel for the company, Barrister Obeten calmed their nerves and assured them justice will  be served in court.

It would be recalled that Abayomi Segun Oluwasesan who allegedly committed the heinous crime of defrauding the leading global crypto space known as Afriq Arbitrage System was re-arrested alongside his wife and arraigned in FCT High court, Jabi in Abuja on March 28th, 2024.

Abayomi and his wife were tracked to an estate in Lagos and brought back to Abuja on Sunday, March 24th, 2024 over the lingering financial scam to the tune of 87 million dollar and criminal activities he perpetrated against AAS and the CEO, Jesam Micheal.

The accused individuals were charged for purportedly accessing millions of subscribers’ investments at the Afriq Arbitrage Company’s online trading platform until October 9th, 2023.

https://www.youtube.com/watch?v=axYSfxTpHcs

Sahara Weekly

Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

Recent Posts

NEW BPP DG COMMITS TO EFFICIENCY AND STAFF WELFARE FOR IMPACTFUL SERVICE DELIVERY

NEW BPP DG COMMITS TO EFFICIENCY AND STAFF WELFARE FOR IMPACTFUL SERVICE DELIVERY* *_…begins review…

4 hours ago

Tinubu Has Plans To Change Nigeria — Doyin Okupe

Tinubu Has Plans To Change Nigeria — Doyin Okupe …It Will Take Two Years For…

15 hours ago

POPULAR GOSPEL ACT, P-CENTRIC WINS BIG AT CAMA 2024 AS THE MOST VERSATILE.*

*POPULAR GOSPEL ACT, P-CENTRIC WINS BIG AT CAMA 2024 AS THE MOST VERSATILE.* It was…

19 hours ago

Abducted Rivers bizman rescued, suspected robber arrested

Abducted Rivers bizman rescued, suspected robber arrested   The Rivers State Police Command said its…

22 hours ago

Police Beat Maureen Madu, Her Players: Anambra Police To Investigate Case

Police Beat Maureen Madu & Her Players: Anambra Police To Investigate Case By Okechukwu Onuegbu…

22 hours ago

Tinubu set to name envoys as ministry posts consular officers

Tinubu set to name envoys as ministry posts consular officers   Consular officers deployed to…

22 hours ago