The Economic and Financial Crimes Commission (EFCC) has given assurance to victims of the collapsed CBEX digital investment platform, stating that efforts are already underway to help them recover their funds.
Speaking during an interview on Channels TV’s Morning Brief on Wednesday, EFCC spokesperson Dele Oyewale revealed that the commission had been monitoring CBEX long before its eventual collapse.
According to Oyewale, the EFCC received numerous calls from Nigerians seeking updates and clarity on the situation. However, he emphasized that the agency did not wait for public outcry before taking action.
“We weren’t caught off guard. Our intelligence network is strong, and we had already been tracking CBEX’s operations,” he said.
“In fact, on March 11 this year, EFCC Chairman Mr. Ola Olukoyede had instructed us to issue a public alert regarding the platform.”
Oyewale reassured investors that despite the challenges, efforts are being made to recover their funds, although the process may take some time.
“It would be highly unprofessional for the EFCC to declare that investors have lost everything. That’s not our stance,” he added.
“We’re currently collaborating with Interpol and various international agencies to ensure that those responsible are brought to justice.”
He stressed that the EFCC is committed to seeing the matter through and reiterated that affected investors will eventually be refunded.
“Though the collapse could have been avoided, now that it has happened, we are not backing down. We’re expanding our efforts globally through cooperation with Interpol and other relevant bodies to ensure accountability and restitution.”