Alleged $854K, N590m fraud: Court rejects Afriq Arbitrage CEO’s fresh bail request

Nairametrics | 23-07-2025 07:35pm |

The Federal High Court in Abuja, on Tuesday, has again rejected 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 rejects Afriq Arbitrage CEO’s fresh bail request appeared first on Nairametrics.

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