06/13/2025
SETTING THE RECORD STRAIGHT: AFRIQ ARBITRAGE SYSTEM'S RESPONSE TO FALSE NARRATIVES
At Afriq Arbitrage System (AAS), we feel compelled to address and correct the recent false narratives being circulated online concerning our Founder and CEO, Mr. Jesam Michael. It is essential to state clearly and without ambiguity that Mr. Jesam Michael is not guilty of any financial misconduct. The true culprit behind the misappropriation of funds is Mr. Abayomi, a former staff member who has already publicly confessed to his actions.
THE TRUTH REVEALED
In November 2023, Mr. Abayomi appeared on a recorded video and during a live AMA session with AAS investors, where he admitted to the misappropriation of funds and issued a sincere and unreserved apology to the AAS investor community. He took full responsibility for the actions that led to the temporary disruption of our operations. Despite these facts, some individuals are attempting to twist the narrative in a bid to shift blame onto Mr. Jesam Michael, who has acted with transparency and integrity from the outset.
THE FACTS
Afriq Arbitrage System and Mr. Jesam Michael are the complainants, not the defendants.- All formal complaints and investigations initiated were based on their reports and cooperation with the appropriate authorities.- Any attempt to reverse or distort the facts is a calculated effort to divert attention from the actual wrongdoing and confuse the public.
A CALL TO ACTION
We urge the media, the community, and the general public to rely on:- Documented evidence- Video confessions- Original case filings Instead of unfounded rumors or manipulated narratives.
MOVING FORWARD
Afriq Arbitrage System remains committed to the principles of transparency, accountability, and innovation. We are focused on moving forward, rebuilding trust, and delivering value to our global investor community. We sincerely thank our supporters, stakeholders, and partners who continue to stand with us in truth and in progress.
Let's stand together for truth and justice!