Thursday, May 15, 2025 - The Economic and Financial Crimes Commission (EFCC) has removed Elie Bitar, a foreign national, from its wanted list after previously declaring him and seven others wanted in connection with the Crypto Bridge Exchange (CBEX) fraud scandal.
The EFCC had on May 1 declared 41-year-old Elie Bitar wanted
in connection with fraud allegations linked to CBEX.
The agency, in a statement released today, May 14, announced
the removal of Bitar's name. In the statement released, the agency said it is
still on the trail of all the eight persons involved in the fraud that left many Nigerians
financially bankrupt.
‘’CBEX:
EFCC Intensifies Search for WANTED PERSONS
As part of
its ongoing investigations of the alleged monumental fraud involving many
actors in the infamous Crypto Bridge Exchange, CBEX, fraud, the Economic and
Financial Crimes Commission, EFCC, is gaining important ground in its
search for eight wanted persons implicated in the fraud.
The
eight wanted persons are: Seyi Oloyede, Emmanuel Uko, Adefowora
Oluwanisola, Adefowora Abiodun Olanipekun, Johnson Okiroh Ofienolu, Israel
Mbalika, Joseph Michiro Kabera and Serah Michiro. Ellie Bitar of CBEX
Solutions Ltd., who was earlier declared wanted, has since been removed
from the list owing to new information that does not support his inclusion in
the wanted person’s list.
The
Commission is making good progress in its investigations. Law enforcement
agencies across the world are collaborating with it in tracking and arresting
all the wanted persons. The EFCC will not relent in bringing every actor
involved in the fraudulent dealings to book.''
0 Comments