Court Revokes Defendant’s Bail in N600 Million Agribusiness Fraud Trial

Court revokes defendant’s bail in N600 million agribusiness fraud trial

The court ordered the arrest of the defendant after revoking his bail.

N600m, $50,000 fraud trial: Court revokes bail of Agribusiness boss ...

EFCC opposes Afriq System CEO's fresh bail plea in alleged investment fraud

Economic and Financial Crimes Commission (EFCC) has opposed a fresh bail application filed by Mr. Jesam Michael, the The post EFCC opposes Afriq System CEO’s fresh bail plea in alleged investment fraud appeared first on National Accord Newspaper.

Again, Court to Decide on Bail for Afriq Arbitrage CEO July 22 - Tech

The Federal High Court in Abuja will on July 22 decide whether Jesam Michael, founder and CEO of Afriq Arbitrage System (AAS), should be granted bail—again. Michael, who is currently being held at the Correctional Centre in Abuja, is facing a slew of criminal charges brought by the Economic and Financial Crimes Commission (EFCC), including alleged fraud totalling over $844,000, $10,000, and ₦590 million.  This is the third time his legal team is…

Alleged investment fraud: EFCC opposes Afriq System CEO’s fresh bail plea

The Economic and Financial Crimes Commission (EFCC) on Monday, opposed another bail application filed by Mr Jesam Michael, the Chef Executive Officer By Taiye Agbaje The Economic and Financial Crimes Commission (EFCC) on Monday, opposed another bail application filed by Mr Jesam Michael, the Chef Executive Officer (CEO) of Afriq Arbitrage System (AAS) Limited. The EFCC’s counsel, Geraldine Ofulue, told Justice Obiora Egwuatu of the Federal High …

Alleged $854K, N590m fraud: Court to decide Afriq Arbitrage CEO’s fresh bail request on July 22

The Federal High Court in Abuja, on Monday, has fixed July 22 to decide a fresh bail application by Jesam Michael, CEO of the cryptocurrency trading platform Afriq Arbitrage System (AAS) in an alleged investment fraud case against him, involving $844,416.36, $10,000, and N590 million.  The post Alleged $854K, N590m fraud: Court to decide Afriq Arbitrage CEO’s fresh bail request on July 22  appeared first on Nairametrics.