Bitar, 41, was among eight individuals declared wanted by the anti-graft agency on May 1 over allegations linked to the multi-million-naira crypto fraud scheme that left scores of Nigerians financially devastated.
The Economic and Financial Crimes Commission (EFCC) has officially removed Elie Bitar, a foreign national, from its wanted list in connection with the ongoing investigation into the Crypto Bridge Exchange (CBEX) fraud scandal.
Bitar, 41, was among eight individuals declared wanted by the anti-graft agency on May 1 over allegations linked to the multi-million-naira crypto fraud scheme that left scores of Nigerians financially devastated.
In a statement released on Wednesday, the EFCC announced that Bitar’s name has been cleared from its wanted list.
However, the agency noted that investigations are ongoing and affirmed its commitment to tracking down all individuals implicated in the CBEX scandal.
The statement read, “As part of its ongoing investigations of the alleged monumental fraud involving many actors in the infamous Crypto Bridge Exchange, CBEX, fraud, the Economic and Financial Crimes Commission, EFCC, is gaining important ground in its search for eight wanted persons implicated in the fraud.
“The eight wanted persons are: Seyi Oloyede, Emmanuel Uko, Adefowora Oluwanisola, Adefowora Abiodun Olanipekun, Johnson Okiroh Ofienolu, Israel Mbalika, Joseph Michiro Kabera and Serah Michiro.”
According to the Commission, 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 persons’ list.
“The Commission is making good progress in its investigations. 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,” EFCC added.
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