The Economic and Financial Crimes Commission's request to arrest and detain six promoters of Crypto Bridge Exchange in connection with an alleged $1 billion investment fraud has been granted by the Federal High Court in Abuja.  

The order was issued on Thursday by Justice Emeka Nwite following hearing arguments from Fadila Yusuf, the attorney for the EFCC.  

Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim are the six people listed in the ex parte motion that was filed on April 23.  

In order to arrest and detain the suspects while investigations are ongoing and potential charges are being prepared, the EFCC requested permission from the court.

The EFCC requested in the move that the individuals in its custody be remanded while the investigation was underway, as well as authorisation to issue arrest warrants.

Yusuf told the court, “The defendants are at large, and a warrant of arrest is required to bring them in for proper investigation and prosecution.”

She clarified that the EFCC has a constitutional obligation to look into and enforce the law after receiving intelligence that connected the suspects to crimes.

Source