Crime
Crypto Currency Fraud: Court Admits Two CBEX Promoters To N10m Bail Each

From Lateef Taiwo
The Federal High Court in Abuja, presided over by Justice Mohammed Umar, on Monday granted bail to two of the detained Crypto Bridge Exchange (CBEX)’s promoters in the sum of N10 million each with two sureties each in like sum.
Those admitted to bail by Justice Umar are Awerosuo Otorudo and Chukwuebuka Ehirim.
Justice Umar, in a ruling, ordered that the sureties must have property worth the bail sum within the jurisdiction of the court.
He directed that the residence of the sureties must be verified by the registrar of the court.
The judge subsequently adjourned the matter until Oct. 13 for commencement of trial.
It would be recalled that Justice Umar had, on July 7, adjourned for ruling on their bail application, after it was argued by the defendants’ lawyer, Justice Otorudo, but opposed by EFCC’s counsel, Fadila Yusuf.
The development followed their arraignment by the anti-graft agency on three-count charge over allegations bordering on illegal financial operations and unlicensed investment activities.
They were arraigned on amended three-count charge marked:
In the charge marked: FHC/ABJ/CR/216/2025, the defendants were alleged to have collected public funds and promised up to 88 per cent returns on investment without regulatory approval.
In a related development, Justice Umar has also fixed July 25 for ruling on the bail application filed by Adefowora Abiodun, Managing Director of ST Technologies International Limited, allegedly using another company, CBEX, to perpetrate investment scam.
Justice Umar fixed the date after his bail application was argued, following Abiodun and his company’s arraignment on amended eight-count charge marked: FHC/ABJ/CR/215/2025.
While Abiodun is the 1st defendant, ST Technologies International Limited is named as 2nd defendant in the amended charge dated July 9.
The allegations, in the earlier charge, bordered on alleged case of obtaining by false pretense, money laundering and carrying on the activities of other financial institutions without having the required license from the Central Bank of Nigeria (CBN) and Security and Exchange Commission (SEC).
They, however, pleaded not guilty to the amended counts.
The defendants’ lawyer, Babatunde Busari, informed the court of a bail application dated and filed on Abiodun‘s behalf on June 30.
Busari urged the judge to admit his client to bail on liberal terms.
He said the charge showed that the alleged offences against his client were bailable.
Besides, he said two critical exhibits attached to their application showed that Abiodun voluntarily submitted himself to the commission for investigation.
“He (Abiodun) came to us as counsel and we took him to the commission.
“He also has a medical report that shows that the 1st defendant requires urgent eye surgery and that has not been possible for him for the past 80 days that he has been in detention.
“We, therefore, urge the court to admit the defendant on bail as the total of the monetary claim Is about N20 million naira,” he said.
Busari prayed the court to release Abiodun to him for the purpose of bail.
However, EFCC’s lawyer, Fatsuma Mohammed, opposed the bail plea, saying a counter affidavit dated July 7 was filed in respect of the motion.
The lawyer urged the court to refuse bail and order for expeditious trial of the case, adding that investigation had been concluded “and we are ready for trial.”
Justice Umar adjourned the matter until July 25 for ruling and ordered Abiodun to be remanded in the EFCC’s custody pending ruling on bail application.
CBEX was one of several digital platforms that collapsed after allegedly collecting billions of naira from unsuspecting investors.
Crime
Police foil assassination plot, robbery attack in Kwara, nab 2

Stephen Olufemi Oni, Ilorin
A prompt action by the operatives of the Kwara State Police Command, in conjunction with the local vigilantes of the Ilorin South Local Government Area, has foiled an assassination plot and armed robbery attack in Ilorin the state capital.
A statement by the spokesperson of the State Police Command, SP Adetoun Ejire-Adeyemi, in Ilorin on Monday, said: “At about 0900hrs on 10th August, 2025, operatives of the Kwara State Police Command, acting on credible intelligence from community security sources, responded to an armed robbery incident which occurred at Opeyewa Hostel, Eleko Area, Ilorin.
”Prompt deployment and coordinated action between Police Operatives and Local vigilante led to the swift arrest of two male suspects: Ishola Adeyemi ‘M’ of Ibadan, Oyo State and Ismail
Rafiu ‘M’ of Ibadan, Oyo State.”
Exhibits recovered suspects, according to the statement, include 11 iPhones, the sum of N30,500, one WiFi device, two new long cutlasses, two pairs of slippers, as well as other personal effects.
The statement added: “During preliminary interrogation, the suspects admitted they were invited to Ilorin by one Qudus, alias “Tiny”, a member of the Eye Cult Fraternity, to eliminate a rival cultist. When the targeted killing failed, they resorted to robbing student hostels in the area.
”The suspects, along with the recovered exhibits have been transferred to the Anti-Robbery Section, State Criminal Investigation Department (SCID), State Headquarters, for further discreet investigation and prosecution.
”The Commissioner of Police CP Adekimi Ojo psc, mnips commends the synergy between community security structures and law enforcement personnel, which ensured the immediate apprehension of the suspects. The Command reiterates its zero-tolerance stance on violent crime and urges residents to remain vigilant and promptly report suspicious activities to security agencies.”
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Crime
Gunmen attack Kwara community, kill police officer, 4 others

Stephen Olufemi Oni, Ilorin
Scores of gunmen have reportedly invaded Babanla community in Ifelodun Local Government Area of Kwara State, resulting in a number of casualties, including a police officer.
It was gathered that the assailants, who were said to have come on motorcycles to the agrarian community, headed to the Divisional Police Headquarters amid sporadic shootings. Investigation revealed that it was at the police station that the gunmen killed the policeman, identified as Adejumo Wasiu.
Following the successful invasion of the police facility, the gunmen, it was gathered, headed to the market where they raided the traders.
A statement on Sunday by the spokesperson of the Kwara State Police Command, SP Adetoun Ejire-Adeyemi, confirming the unfortunate incident, said: “The assailants fired sporadically, killing five people, including a police officer, Adejumo Wasiu.”
She added: “A swift and coordinated response by Police operatives, Nigeria Army personnel, vigilantes, and local Hunters repelled the attack, restored order, and initiated a full-scale manhunt for the perpetrators.”
However, the Commissioner of Police, CP Adekimi Ojo, accompanied by the State Director of the Department of Services (DSS), on Sunday paid an on-the-spot assessment visit to Babanla to evaluate the security situation.
SP Ejire-Adeyemi said the delegation visited the traditional ruler of Babanla, Oba Yusuf Aliyu Alabi, with whom “they held high-level discussions aimed at consolidating peace and strengthening inter-agency and community-security collaboration”.
At Babanla, the joint security delegation also visited key locations in the community, including the market, the Divisional Police Headquarters, and the surroundings to ensure that stability has been fully restored.
Meanwhile, the CP has ordered sustained armed patrols, continuous intelligence gathering, and the deployment of specialised tracking teams, while the DSS also pledged continuous intelligence support to apprehend all those involved in the dastardly attack.
The statement reiterated the command’s unwavering commitment, in synergy with sister security agencies to safeguard lives and property in all parts of Kwara State, urging residents to remain calm, vigilant, and cooperative with security agencies by providing credible information.
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Crime
Illegal Mining: PESMDAA steps up fight against menace in Kwara

Stephen Olufemi Oni, Ilorin
The Petroleum Environmental Solid Minerals Degradation Awareness Association (PESMDAA) has pledged to step up its advocacy for sustainable environmental practices, while also intensifying the fight against illegal mining in Kwara State.
Kwara State Commissioner of the association, Abdulganiyu Aleshinloye, made the commitment at the Standard Operating Procedure (SOP) Workshop for PESMDAA Taskforce Officers, held on Saturday in Ilorin, the state capital.
Aleshinloye described the taskforce as a critical tool in mobilising against illegal mining and environmental exploitation, warning that such activities pose serious threats to public health, biodiversity, economic stability, and climate resilience.
He said the association is committed to tackling environmental challenges through awareness creation and knowledge sharing aimed at eliminating degradation and irregularities in the petroleum, environment, and solid minerals sectors.
Also speaking at the event, the Kwara State Commissioner for Environment and Forestry, Hajia Nafisat Buge, represented by the Principal Scientific Officer, Mrs. Aliu Aminat, drew attention to the link between environmental degradation and broader crises such as drought, food insecurity, and communal conflicts.
She reaffirmed the ministry’s full support for PESMDAA’s mandate, and called for greater collaboration among researchers, local authorities, and security agencies to ensure coordinated interventions in tackling environmental challenges.
On her part, the Commissioner for Solid Minerals, Hon. Abosede Buraimoh, represented by the Director of Solid Minerals, Mr. Kunle Adimula, said the ministry is intensifying sensitisation of stakeholders on the negative impacts of illegal mining in communities across Kwara.
She noted that the campaign will empower traditional rulers to properly profile investors in mining activities within their domains, in line with existing laws.
Buraimoh also disclosed that the ministry is working on legislation to compel mining companies to reclaim degraded land for agricultural use after operations, as part of efforts to address land degradation.
In a paper presentation titled “The Role of PESMDAA Taskforce Officers in Stopping Environmental Degradation and Working with the Media for Stronger Advocacy in Kwara State”, environmental journalist Dare Akogun urged taskforce officers to see themselves as the “first eye” and “first ear” of PESMDAA in the field.
He outlined their responsibilities, including monitoring environmental activities, identifying and reporting illegal mining and environmental abuse, sensitising communities on environmental protection, and supporting law enforcement in tackling offenders.
Akogun stressed that sensitisation is key to changing harmful practices, noting that many environmental offences occur due to ignorance. Citing his field investigations in Bani, Kaiama LGA, he highlighted the dangers of abandoned mining pits filled with dirty water, which spread disease and destroy farmland.
On the legal framework guiding PESMDAA operations, Associate Professor of Law at the University of Ilorin, Ahmad Hussein, urged members to familiarise themselves with the Mining Act and other relevant legislation to ensure smooth and lawful execution of their duties.
The workshop brought together taskforce officers, environmental experts, legal practitioners, and government representatives to strengthen the operational efficiency of PESMDAA in protecting Kwara’s environment.
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