ANAMBRA POLICE COMMAND RECEIVES AND AUGMENTS IGP’S MONITORING UNIT OPERATIVES ON ENFORCEMENT OF POLICE PERSONNEL WITHDRAWAL FROM VIP ESCORT DUTIES IN THE STATE. (PHOTOS). #PRESS RELEASE.

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 ANAMBRA POLICE COMMAND RECEIVES AND AUGMENTS IGP’S MONITORING UNIT OPERATIVES ON ENFORCEMENT OF POLICE PERSONNEL WITHDRAWAL FROM VIP ESCORT DUTIES IN THE STATE The Anambra State Police Command today 8th December 2025 formally received operatives of the Inspector-General of Police (IGP)’s Monitoring Unit deployed to the state to ensure full implementation of the IGP’s directive on the withdrawal of police personnel from VIP escort and guard duties. The Commissioner of Police CP Ikioye Orutugu fwc mnips PhD reaffirmed the Command’s commitment to supporting the IGP’s reform efforts targeted at enhancing professionalism, discipline, and optimal deployment of police manpower nationwide. The CP noted that the withdrawal of these officers will help to strengthen public policing, improve response capacity, and ensure that more personnel are available for core policing duties across the state. He further assured the Monitoring Unit operatives of the Command’s full cooperation throughout th...
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POLICE ARRESTS CEO OF AAS, COMMENCES INVESTIGATION INTO FRAUD, FINANCIAL EXPLOITATION.(PHOTO). #PRESS RELEASE.

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 PRESS RELEASE


POLICE ARRESTS CEO OF AAS, COMMENCES INVESTIGATION INTO FRAUD, FINANCIAL EXPLOITATION. 


Dismisses Harassment Claims.


The Nigeria Police Force hereby announce the arrest of one Mr. Jesam Michael, the CEO of Afriq Arbitrage System (AAS), in connection with an ongoing fraud investigation following a report made earlier by Mr. Michael to the Inspector-General of Police (IGP) Special Investigation Unit (SIU), in which he alleged that he had been defrauded of the sum of USD 87 million by one Mr. Abayomi Segun Oluwasesan.


Upon the arrest of Mr. Oluwasesan, he admitted to the charges but contested the amount involved, asserting it was significantly lower than claimed by Mr. Michael. Notably, concerns have emerged regarding a subsequent forfeiture agreement between the parties, which led to the recovery of various assets from Mr. Oluwasesan. The suspicion arose from Mr. Michael's decision to transfer the recovered properties into his personal name rather than that of his company, raising serious questions about his motives.


In addition, numerous investors have reported their inability to withdraw their principal funds or the promised returns from AAS for over 18 months. This prompted a preliminary investigation into the operations of the company. Despite repeated requests from the Nigeria Police Force, Mr. Michael failed to provide verifiable medical records for the alleged operation he underwent, valid evidence of legitimate trading practices, and a viable repayment plan for the affected investors. His lack of credible evidence, especially concerning his claimed health issues, which he suggests hindered his ability to grant full system access, raised serious questions about his credibility and the integrity of AAS.


The Nigeria Police Force firmly dismisses Mr. Michael’s claims of harassment, asserting that the genuine victims are the many innocent and unsuspecting investors who placed their trust and money in the Afriq Arbitrage System, only to face continued uncertainty and financial distress. Mr. Jesam Michael was apprehended today by operatives of the IGP SIU, and a comprehensive interview concerning these allegations, particularly regarding how he and AAS have managed investors’ funds, is currently underway.


The Nigeria Police Force remains committed to serving the public interest, ensuring transparency and accountability throughout this investigation. The Force will continue to uphold our mandate, ensuring a thorough, unbiased investigation aimed at protecting innocent citizens from fraud and financial exploitation. The Force hereby encourages any victims or individuals with information pertaining to these matters to come forward and assist in the investigation. Collaboration is essential to achieving justice.


ACP OLUMUYIWA ADEJOBI, mnipr, mipra, fCAI

FORCE PUBLIC RELATIONS OFFICER

FORCE HEADQUARTERS,

ABUJA.


29TH JANUARY 2025.

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