The Federal High Court in Abuja, on Thursday, gave the
Economic and Financial Crimes Commission, EFCC, the go-ahead to arrest and
detain six promoters of Crypto Bridge Exchange, CBEX, over alleged investment
fraud to the tune of over one billion dollars.
Justice Emeka Nwite, who gave the order after the EFCC’s
lawyer, Fadila Yusuf, moved an ex-parte motion to the effect, said the
detention would be pending the conclusion of investigation of the alleged
offences and possible prosecution.
“I have listened to the submission of the learner counsel
for the applicant, EFCC. I have also gone through the affidavit evidence with
exhibits thereto along with the written address.
“I am of the view and I hold that the application is
meritorious. Consequently, the application is granted as prayed,” the judge
said.