News
“Release Jesam Michael! Jail the Real Thief!” – Protesters Cry Out As Drama Unfolds In Court (VIDEO)
A storm of outrage swept through the FCT High Court in Jabi, Abuja, on Wednesday as hundreds of aggrieved investors of Afriq Arbitrage System (AAS) flooded the courthouse, demanding the prosecution of Abayomi Oluwasesan, whom they accuse of embezzling a staggering $87 million from the company.
The protest, which quickly gained viral traction online due to footage showing placard-waving demonstrators chanting slogans like “Abayomi Is the Thief!” and “Where Is Our $87 Million?”, was a passionate call for justice and the immediate release of the embattled AAS founder and CEO, Mr. Jesam Michael, who is currently remanded in Kuje Correctional Centre.
The Heart of the Outrage
The investors allege that the man truly responsible for the financial crisis at AAS is not Jesam Michael—but rather his former associate, Abayomi Oluwasesan. According to multiple protest leaders, Jesam entrusted Abayomi with operational control during a period of medical recovery, only for Abayomi to betray that trust.
“He was given the keys to keep the business running,” said investor Albert Churchill, visibly emotional as he addressed the crowd. “Instead, he used that access to lock Jesam out of the system, transferred millions into personal accounts, and went on a spending spree—buying cars, houses, and vanishing from Lagos.”
Where Is the Money?
Investor Mr. Chibuzor added that while Abayomi has reportedly returned a few assets under a plea deal, the bulk of the money—still locked in crypto wallets under his control—remains missing.
ALSO READ: State Of Emergency Denied: When Blood Flows And Power Looks Away
“This is not just about bail for Jesam,” Chibuzor emphasized. “This is about recovering what was stolen. We are not shouting in ignorance. The facts are out there—Abayomi even admitted to taking the money! Why is he free while our CEO, who tried to help people through blockchain innovation, is in detention?”
Public Sentiment Turns
The protest gained momentum following a June 13 post by the Economic and Financial Crimes Commission (EFCC) announcing Jesam’s arraignment. However, the EFCC post triggered an unexpected twist: over 1,000 of the 1,033 public comments on Instagram stood in defense of Jesam Michael. The overwhelming consensus online was clear—many Nigerians believe he’s being wrongly punished while the actual perpetrator remains untouched.
Justice or Injustice?
The scene at the courthouse painted a picture of deep frustration, but also a united call for action. Protesters vowed to continue lawful demonstrations until the alleged thief is held accountable and investors’ funds are returned.
“This isn’t just about one man,” said protest coordinator Tina Adebayo. “It’s about trust in our justice system and the protection of innovation in Nigeria. Jesam Michael built something powerful. Abayomi destroyed it. Now, the system must correct this wrong.”
What’s Next?
With court proceedings underway and public interest surging, all eyes are now on the Nigerian judiciary, the EFCC, and law enforcement agencies. Will they heed the protesters’ call and go after Abayomi Oluwasesan with the same energy used against Jesam Michael?
For the thousands of Afriq Arbitrage investors demanding answers, one thing is clear: the fight is far from over.
📹 Watch the protest video:
📢 #JusticeForJesam #WhereIsThe87Million #AASInvestorsUnite #Crypto
2025/2026 Academic Session: See Requirements, How To Apply For Admission To Delta State Polytechnic, Otefe
Gov. Soludo Mourns Death Of Former President Muhammadu Buhari
BREAKING: FG Declares Tuesday, Public Holiday In Honour Of Late Former President, Muhammadu Buhari
Buhari: Nigeria Lost A Great Leader With Integrity, Says Sen.Ned Nwoko
NURTW Ughelli North Branch B Crisis: Taskforce Head Faults Chairman’s Expulsion, Says Due Process Ignored
Commissioner For Housing In Delta Promises To Partner Newspaper Publishers
Anambra 2025 In Your Hands: Register Now To Vote!
FUPRE Launches New BSc Programmes For Science, Non-Science Students
Former Super Eagles Goalkeeper, Peter Rufai, Dies At 61
“Release Jesam Michael! Jail the Real Thief!” – Protesters Cry Out As Drama Unfolds In Court (VIDEO)
History Beckons As Public Hearing For Anioma State Creation Holds Friday, Saturday In Akwa Ibom
Published Delta 2024 Audited Report Underscores Oborevwori’s Transparency – Bureau DG
Okuama: Tinubu Is A Military Dictator
Abel Ideh: Don’t Meddle In Our Internal Affairs, DELSU-ASUU Warns DTHA
-
News20 hours agoSenator Ned Nwoko Says ‘Long-Overdue’ Oko–Patani Road Captured In NDDC Budget
-
News9 hours ago
BREAKING: FG Declares Tuesday, Public Holiday In Honour Of Late Former President, Muhammadu Buhari
-
News19 hours ago
Omo-Agege Eulogises Buhari As Mentor, Father-Figure In Tribute
-
News18 hours ago
Commissioner For Housing In Delta Promises To Partner Newspaper Publishers
-
News14 hours ago
NURTW Ughelli North Branch B Crisis: Taskforce Head Faults Chairman’s Expulsion, Says Due Process Ignored
w.o lawal
June 23, 2025 at 1:42 pm
Jesam Michael the CEO afriq Arbitrage system is not a scammer and AAS platforms not a ponzi platform, A worker under the platform named Abayomi Oluwasesan strike and pulled out $87m from the system and put all the investors of AAS into this mess, The complaint have collaborated with the police to put Jesam Michael in their custody for some months,The police collaborated with the EFCC to put Jesam Michael in their custody for some months, The case is now before the court which is the only hope for a cormon man, Now the collaboration with the judiciary????????? But God forbid.
Upendra singh Singh
June 23, 2025 at 4:18 pm
Good afternoon sir I’m from An India and one of the invester also i would like to request about our respected CEO of AGC Jeasam Michael sir. Sir we belive in Nigeria law system and governance. Since long time we had been happy with AAS. we have been requested to withdrawn by our CEO. JM he said this is your money withdraw and pay your bills and help your country government it will help to overcome unemployment and burden on governments in your countries he is our mentor sir he is a law obedient he is a pure hearted person he represents Nigeria and made identity in global. We have lot of respect towards your law of country kindly give rights to our CEO bail and he is human basic rights sir. Who stolen 87M our money from our AAS is a Abayomi is a traitor he spoild 50k investors life he agreed his crime sir we have a all evidence but he freely roming in out side and our Respected CEO is in the jail in your custody why sir it is seems injustice to our CEO and Investors how we can take it as. EFCC against corruption same like you our CEO thinks but where is sink is missing sir. we are in pain still more then 90 days our CEO in your custody without any crime and abayomi is the culprit thief is freely roming happy what is this sir what should we think whole universe is watching you EFCC Nigeria please do needful justice sir please help us. #Grant the bail to JM Sir.
Avoke
June 27, 2025 at 12:09 am
Mr. Jesam Michael is innocent Mr. Abayomi Oluwasesan is the one who stole money from the investors, Afriq Arbitrage System company. Please we investors of AAS are begging you to please release our CEO Jesam Michael for us and go after Mr Abayomi Oluwasesan, which is the real criminal who stole our company money to rich him self.
w.o lawal
July 4, 2025 at 12:38 pm
The judiciary is the only hope for the common man, Like Jesam Michel the CEO of Afriq arbitrage system who was being in the custody of Nigeria POLICE and EFCC for over a number of months before taking to court for the offense he did not commit, I hope the court will do what is right for Jesam Michel to be given bail as the court is the last hope for a common man.