Abayomi's $87m Theft Case: AAS Legal Team Calms Angry Investors As Court Adjourns Hearing (Video)








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.




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





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

Firing squad should be returned so as to cure our nation of crime without consequences...

This is really unfortunate, could it be that Abayomi council is avoiding this case intentionally to prolong it? It is left to be seen. But whichever way, investors are demanding for quick hearing, we want to have our stolen funds back to the system. We need justice.

Truth be told , no gimmicks of the lawyers and Abayomi can deter justice from being served

While it's unethical and illegal for a lawyer to knowingly tell a lie or fabricate false information against an organization.

AAS AFRIQUE ARBITRAGE SYSTEM
as an organization committed to integrity, transparency, and ethical conduct, we are deeply concerned by the recent false allegations made against us, by a kindergarten level paid lawyer.

We want to assure the public that these claims are baseless and unfounded. Our actions and practices have always been guided by honesty, fairness, and compliance with the law.

We take any allegations of misconduct seriously and are fully cooperating with any investigations to uncover the truth. We have nothing to hide, and we welcome scrutiny into our operations.

We urge the public to consider the credibility of the source making these allegations and to question the motives behind such false statements. It's regrettable that individuals may seek to undermine our reputation through deceitful means, but we remain steadfast in our commitment to upholding our values and serving our community with integrity.

We will pursue all legal avenues available to us to defend our reputation and hold those responsible for spreading falsehoods and misinformation accountable.

We appreciate the continued support and trust of our stakeholders, and we remain dedicated to earning and maintaining that trust through our actions and transparency."

This statement emphasizes the organization's commitment to honesty and integrity while refuting the false allegations made by the lawyer. It encourages the public to critically evaluate the credibility of the claims and reaffirms the organization's willingness to cooperate with investigations to uncover the truth. Additionally, it expresses confidence in the organization's values and principles, reassuring stakeholders of its commitment to ethical conduct.

AAS AFRIQUE ARBITRAGE SYSTEM remains one of the fewest credible financial investment platforms in the world.