“Release Jesam Michael! Jail the Real Thief!” – Protesters Cry Out as Courtroom Drama Unfolds (VIDEO)
admin
3 min read
A wave of outrage swept through the FCT High Court in Jabi, Abuja, on Wednesday as hundreds of aggrieved investors in Afriq Arbitrage System (AAS) flooded the premises, demanding the prosecution of Abayomi Oluwasesan, whom they accuse of embezzling a staggering $87 million from the company.
The protest quickly gained traction online, with footage showing placard-waving demonstrators chanting slogans like “Abayomi Is the Thief!” and “Where Is Our $87 Million?” The crowd passionately called for justice and the immediate release of embattled AAS founder and CEO, Mr. Jesam Michael, who is currently being held at Kuje Correctional Centre.
The Heart of the Outrage
The investors allege that the true architect of the financial crisis at AAS is not Jesam Michael, but rather his former associate, Abayomi Oluwasesan. According to several protest leaders, Jesam entrusted Abayomi with operational control during a period of medical recovery—only to be betrayed.
“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 disappearing 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—allegedly locked in crypto wallets still under his control—remains missing.
“This isn’t just about bail for Jesam,” Chibuzor emphasized. “This is about recovering what was stolen. We’re 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 Shifts
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 backlash: more than 1,000 of the 1,033 public comments on Instagram were in defense of Jesam Michael. The overwhelming consensus online was clear—many Nigerians believe he is being wrongly punished while the true culprit remains untouched.
Justice or Injustice?
The scene at the courthouse reflected deep frustration—but also a unified call for action. Protesters vowed to continue lawful demonstrations until the alleged thief is held accountable and investors’ funds are recovered.
“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 pursue Abayomi Oluwasesan with the same vigor applied to 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:
https://youtu.be/3broxfr27Bk?si=-aGlfuLtWEpMPXKS
Abayomi Segun Oluwasesan who stole AAS investors money is parading freely still buying cars and properties
Justice for Jesam Michael
EFCC FREE JESAM MICHAEL
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.
When will our country apparatus be used for the good of the common man and the citizens Abayomi oluwasesan stole from AGC and confessed to his crimes but the CEO of the company is been arrested while Abayomi oluwasesan is free man working if not biased investigation and favouring who they like what can the investors can this
Justice must prevail. I believe that the supreme Court must do the needful. The evidence of Abayomi confessing to his crimes are out there. Pls EFCC NG should release Jasem Michael and go after Abayomi who is the real thief. Jasem Michael is the liberator of Tech in Nigeria therfore he should be allowed to fulfill his dreams. Pls free Jasem and Arrest Abayomi @EFCC. #Justice_For_Jasem
What is happening to Jesam Michael is a clear example of injustice in Nigeria. Where a victim is made the accused, and the real criminals go free. It is time for EFCC and other authorities to stop chasing shadows and focus on the truth.
#FreeJesamMichael
While it’s unethical and illegal for a lawyer to knowingly tell a lie or fabricate false information against an organization.
AAS AFRIQUE ARBITRAGE SYSTEM
as an organization committed to integrity, transparency, and ethical conduct, we are deeply concerned by the recent false allegations made against us, by a kindergarten level paid lawyer.
We want to assure the public that these claims are baseless and unfounded. Our actions and practices have always been guided by honesty, fairness, and compliance with the law.
We take any allegations of misconduct seriously and are fully cooperating with any investigations to uncover the truth. We have nothing to hide, and we welcome scrutiny into our operations.
We urge the public to consider the credibility of the source making these allegations and to question the motives behind such false statements. It’s regrettable that individuals may seek to undermine our reputation through deceitful means, but we remain steadfast in our commitment to upholding our values and serving our community with integrity.
We will pursue all legal avenues available to us to defend our reputation and hold those responsible for spreading falsehoods and misinformation accountable.
We appreciate the continued support and trust of our stakeholders, and we remain dedicated to earning and maintaining that trust through our actions and transparency.”
This statement emphasizes the organization’s commitment to honesty and integrity while refuting the false allegations made by the lawyer. It encourages the public to critically evaluate the credibility of the claims and reaffirms the organization’s willingness to cooperate with investigations to uncover the truth. Additionally, it expresses confidence in the organization’s values and principles, reassuring stakeholders of its commitment to ethical conduct.
AAS AFRIQUE ARBITRAGE SYSTEM remains one of the fewest credible financial investment platforms in the world.
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.