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.
“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:
https://youtu.be/3broxfr27Bk?si=-aGlfuLtWEpMPXKS
38 Comments
our boss ,our CEO is innocent man the real thief is Abayom who stole our money please give freedom to JESAM ,HE IS INNOVATIVE and INNOCENT MAN.GOD BRESS YOU MY BIG BOSS JESAM MICHAEL🙏🙏🙏
ReplyDeletePlease release Jesam Micheal he is innocent and arrest Abayomi Segun Oluwasesan he is the real criminal here,he was the one that stole our funds and not the CEO Jesam Micheal.
ReplyDeleteJustice for the CEO Jesam Micheal
Free Jesam Micheal
Jesam Michael is a transparent person, he is innocent of every single accusation label against him. Abayomi is the criminal who should be behind bars for the theft he committed against fellow Nigerian.
ReplyDeleteTo find out the truth, you can make findings concerning his financial background before Jesam Michael employed him to work for AGC and how he became a billionaire overnight shortly after he was employed. Free Jesam Michael now and go after ABAYOMI OlUWASESAN the real corporate
This kind of behavior by the EFCC make the image of Nigeria internationally look stupid in the the eyes of the outside community pls free Jesam Michael arrest Abayomi oluwasesan thank you
ReplyDeletePlease free jesam Michael a good man.
ReplyDeleteEFCC Free Jesam Michael arrest the culprit Abayomi Sesan
ReplyDeleteJesam Michael is innocent and shouldn't be detained,he is not a scammer and didn't scam anyone rather abayomi sesan stole from him and from the entire investor.#free jasem michael he is innocent
ReplyDeleteJESAM MICHAEL is a good and transparent man, he is innocent, Release him for us Spartans and go after the real thief Abayomi Segun Oluwasesan. We want justice for AGC, we want Justice for JESAM MICHAEL, we want justice for all the investors in AAS across the globe, free JESAM MICHAEL and go after Abayomi, he is the devil incarnate.
ReplyDelete@EFCC please free Jasem Michael and arrest Abayomi. There is clear proof of evidence about Abayomi confessing to his crimes. Why are you guys still detaining Jasem Michael even after finding out he's not guilty of any crimes. #Justice_For_Jasem
ReplyDeletePlease release our CEO Jesam Michael. He means well for us. Because of him I know what a ponzi system is and have been able to avoid them. AAS is not a ponzy.
ReplyDeleteEFCC free Jesam Micheal
ReplyDeleteEFCC Free Jesam Micheal
Freedom for Jesam Micheal
Freedom for Jesam Micheal
Abayomi nos robó 87 millones de dólares, el lo confesó en un vídeo, la verdad solo es una deben perseguir al ladrón y no al estafado
ReplyDeleteA man uses his hard earned money to build a transparent system to favor the common man on the street, all of a sudden another guy came to destroy the system by stealing the company money to the tune of $87,000000 which himself(ABAYOMI SEGUN OLUWASESAN) admitted to his crime with video evidence. Why are they now twisting the story against an innocent person (JESAM MICHAEL) we say no to this injustice by allowing the real thief working freely in the street and be detaining the victim. Please release JESAM MICHAEL now he is innocent.
ReplyDeleteFreedom for Jesam Micheal
DeletePlease release JESAM MICHAEL and recover our stolen money from ABAYOMI SEGUN OLUWASESAN. 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?”
ReplyDeleteDespite the pressure, Jesam is determined to prove his innocence. His team has been going through documents to prepare for his defense, ensuring that every piece of evidence is ready to counter the EFCC’s claims and establish the truth.
ReplyDeleteFellow Nigerians, global community please come for our rescue, how can innocent man Jesam Michael be jailed for offensive he didn't commit, ABAYOMI stoled our fund confessed his crime but instead of holding ABAYOMI EFCC went after Jesam Michael.
ReplyDeleteJesam Michael built Africa's and the world's first AI powered arbitrage trading platform, Abayomi Oluwasesan, the son of a pastor, like Judas, betrayed Jesam Michael,and all global investors; Abayomi Oluwasesan stole $87m.I wonder what gospel his father's preaching if it couldn't save his son's soul. EFCC stop this farce and focus on the real thief.
ReplyDelete#free_jesam_michael!
JSM is a big scms pls collect money from him to return to the own
ReplyDeleteIf abayome stole my money give hash transaction for evidence
ReplyDeleteEFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal EFCC free jesam Micheal Go after Abayomi olwasesan is the cause of our pains we the investors know the truth jesam is innocent man EFCC free jesam Micheal
ReplyDeleteThere are people here commenting with neither knowledge nor the facts of the case! Its pitiful when u see them ignorantly advocating for the release of Barabus and the crucifixion of an innocent. JESAM MICHAEL IS INNOCENT. You need only be in his presence once and u will get a sense of the man that he is, good natured and kind... He is no Thug. Much the opposite infact, a modern day William Tell meets Robinhood... Nothing can stop an idea whose time has come, the EFCC might delay us, but, we shall rise up from the ashes like the Phoenix. JESAM MICHAEL, is an innocent man and should be released to continue his awesome ministry of poverty alleviation...
ReplyDeleteEFCC you are too funny you are all funny jokers you decided to have your two eyes remove so that you may not be able to see the truth why because of what you want to eat and na that food go kill all of una from top to bottom haha if I were you i will rather allow my two eyes intact so you can see the brighter days ahead of you but Money have finished all of una oga ati Omo ese the same what a shame for this organisation call EFCC they don't have eyes anymore to c the truth! Abayomi olwasesan have destroyed their lives together with his own!
ReplyDeleteI am a Spartan from the Republic of Peru. It is regrettable that justice is not being served. I thought Nigeria was a modern country, but its system of government is on the rocks. How is it possible that they imprison an innocent man like Jesam Micheal, a brother of yours from Nigeria who seeks to help his people succeed with disciplined management in cryptographic investments. A visionary man who helps those most in need, transparent, and today he is incarcerated. I mean, for being a good person, for doing things well, why don't they put him in jail? Regrettable,
ReplyDeletemany Peruvian investors, including the undersigned, have invested in AAS because it is a formal, genuine, and transparent company. CEO Jesam Michael is a visionary in strengthening the crypto economy in his country and around the world. THE REAL PERSON RESPONSIBLE FOR YOUR COMPANY AAS BEING IN TROUBLE is the criminal Abayomi Oluwasesan. This is the thief who stole 87 million, altering the system and breaching the accounts of partners around the world, withdrawing money to his personal account. Investigate and imprison this guy Abayomi, freedom for Jesam Michael.
Enough with the lies.
Enough with the lies.
Jesam Michael is firm and will not enter or commit corruption as Abayomi is most likely doing with investors' money from Peru.
Let this case not go unpunished.
Jail for the thief Abayomi...
Free JESAM MICHEAL......go after ABAYOMI OLUWASESAN who stole the investors money and even confessed to the public...... ABAYOMI OLUWASESAN must be brought to justice.
ReplyDelete#free jesam#
#arrest abayomi#
While it's unethical and illegal for a lawyer to knowingly tell a lie or fabricate false information against an organization.
ReplyDeleteAAS 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.
JESAM MICHAEL is a good and transparent man, he is innocent, Release him for us Spartans and go after the real thief Abayomi Segun Oluwasesan. We want justice for AGC, we want Justice for JESAM MICHAEL, we want justice for all the investors in AAS across the globe, free JESAM MICHAEL and go after Abayomi, Segun Oluwasesan
ReplyDeleteJasem Michael as long as I am concerned tries his best to be honest to us the investors.
ReplyDelete#EFCC Must know that we are losing trust in that their capacity to operate without FAVOURITISM and tribalism. Free JM and do the needful . SEC delayed the registration of the company.
It beats my imagination that in Nigeria the criminals are walking freely and living in affluence while the innocent ones are being persecuted and punished.
ReplyDeleteAbayomi Oluwasesan who openly confessed to his crimes (there are video evidences to that effect) is walking freely and spending the money he stole from the company he was employed to work for while the CEO, Jesam Michael is languishing in the hands of the EFCC.
We are calling on all people with conscience to prevail on the EFCC to let go of Jesam Michael and punish the criminal, Abayomi Oluwasesan. He should be made to pay every Kobo he stole from the company because investors are suffering.
We hope and pray that the EFCC will tow the path of honour and do the right thing. Free Jesam Michael because he is innocent of all the allegations leveled up against him.
Some people will not go free Abayomi Oluwaseson will suffer for what he had done to us. so I am pleading to the government to looke into this matter the thief is working freely why our CEO is in detention this is unfair the government should go after the thief which is Abayomi Oluwaseson. He stole our money and proves are available he confess with his mouth accepting his crime this is obvious.
ReplyDeleteLet jesam Michael go EFCC go and apprehend Abayomi.Jesam he has never stolen from anyone let our CEO go for once let the Nigerian legal system do what's right
ReplyDeleteMr. 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.
ReplyDeleteOur respectable and reputable CEO is innocent and even the EFCC know about it. The thief here is abayomi. He stole our money and confessed to his crimes. Why treat the innocent as a victim and the victim as innocent? Jesam Michael and AGC demands justice
ReplyDeleteJustice is needed, Jasam should be released and the criminal Abayomi needs to be arrested and make him pay for the $87,000,000 he has admitted he stole from AAS. EEFC and the security agents needs to be transparent in their duties
ReplyDeleteJasem is innocent free him now
ReplyDeleteJesam is a good person and innocent free him, and arrest me abayomi criminal
ReplyDeleteYes this article just nailed it what happened in AGC pls The powers that be do the right thing
ReplyDeleteQUESTIONS TO ASK
ReplyDelete1. If Jesam Michael was guilty why would he be detained for about five months without charge?
2. Even after being charged why was it only $856k while over $87m (as confessed by perpetrator) was missing ?
3. Did most of the people filing complaints ever withdraw from the system?
If yes, how much?
Was it more than their initial investments?
If so, how can they say they were scammed?
4. The Police, EFCC, judiciary and other relevant authorities should please do the right thing and allowed justice to prevail.
5. Jesam Michael should be encouraged to develop more tech beginning from Nigeria. Innovative technology shouldn't be killed nor sabotaged in our nation, rather the personnels in authorities should upgrade themselves. International communities are embracing as well as advancement in tech.
Jasam Michael's innovation should be appreciated !
The authorities should fight for the company's capital ($87m) to be released and not to entertain ill motivated petitions (distractions) ! !
He our able passionate, zealous vision inclined CEO should be released ! ! !