The Economic and Financial Crimes Commission has removed Ellie Bitar of CBEX Solutions Ltd. from its wanted person list, following new evidence that absolves him of involvement in the massive crypto fraud linked to the controversial Crypto Bridge Exchange.
The development comes as the Commission intensifies investigations into what it describes as a “monumental fraud,” allegedly perpetrated by several individuals through CBEX, a digital asset platform accused of defrauding scores of investors.
In a statement issued on Wednesday, the EFCC said, “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 agency did not specify the nature of the new evidence but noted that the ongoing probe continues to yield critical leads.
Meanwhile, eight individuals remain on the EFCC’s wanted list in connection with the same fraud.
They are: Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, Adefowora Abiodun Olanipekun, Johnson Okiroh Ofienolu, Israel Mbalika, Joseph Michiro Kabera, and Serah Michiro.
“The EFCC is gaining important ground in its search for eight wanted persons implicated in the fraud,” the statement added.
The Commission revealed that it is working closely with law enforcement agencies across the globe to track and apprehend all suspects.
“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,” the agency affirmed.
