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Alerzo Group CEO joins other founders to chart way forward for retail business in Nigeria

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Alerzo Group CEO joins other founders to chart way forward for retail business in Nigeria

 

 

 

Global News Reports That In line with promoting Nigeria’s retail sector through technology, founders of tech startups, stakeholders and enthusiasts converged for several panel discussions, exhibitions, learning and networking at the Lagos Startup Week (LSW).

 

 

Alerzo Group CEO joins other founders to chart way forward for retail business in Nigeria

Alerzo Group

 

The six-day event which was held from July 25 to 30 in Victoria-Island, is the sixth edition and witnessed over 3000 attendees and 100 speakers.

 

 

 

 

One of the sessions on day four, which centred on ‘Future of Consumers and Consumers Trade (Payment, Retail and Trade)’ had Alerzo Founder/Group CEO, Adewale Opaleye;  Paystack Startup Programs Lead, Nubi Kay; Klump CEO, Celestine Omin; TeamApt Business Lead, Temitayo Ajao and CEO of BUMPA, Kelvin Umechukwu as panel discussants.

 

 

 

Opaleye noted that the theme of the discussion was very important to talk about as there was a need to encourage retailers to move away from the old way of doing things to embracing technology.

 

 

 

 

He, alongside the panelists highlighted  a number of gaps in the retail sector, which the imploring of technology, collaboration of different tech Startup founders and harnessing of their areas of expertise could help solve.

 

 

 

“At the end of the day we all need partners. We need to come together to achieve great things, we need to consolidate on what each of us has done really well and bring fantastic solutions,” Opaleye pointed out.

 

 

 

 

He stressed how it is necessary for retailers not to shy away from technology, while narrating Alerzo’s strides in solving the problems in the retail sector, as it owns over 400 vehicles which it uses in delivering fast moving goods (FCMG) to customers.

 

 

 

Also, how it has geo mapped areas of coverage and helped develop softwares to provide banking solutions to customers.

 

 

 

 

“Retailers need to move away from the old ways of doing business to embracing technology…To provide a solution to the problem of logistics we ended up doing something unthinkable by buying a fleet of vehicles and  owning our warehouses.

 

 

 

 

“We also developed our software. We do deliveries within four hours of order because we own our entire vehicles. After sometime we noticed that a lot of our retailers go home with cash. So we ended up building  bank solutions for our retailers,” stated Opaleye.

 

 

 

 

On what influenced the logistics aspect of owning a fleet of vehicles and not working with existing logistics firms, Alerzo Group CEO made clear that the tech firm wanted the best for its customers.

 

 

 

He stated:”No one has built efficiency the way we want it so we do delivery in four hours versus other players that do it the next day. That is a very key factor for us and as we scale up the business we are looking for partners hoping to key into our vision to actually offer quick and same day delivery to all our retail partners.”

 

 

 

 

Speaking on what the future holds, he expressed hope as he buttressed:”There is a very bright future for space. Retailers are waking up to understand that it is high time technology would change most of the problems. This at  the end of the day makes the lives of consumers very easy because they would have products when they want them.”

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Abayomi’s $87m Theft Case: AAS Legal Team Calms Angry Investors As Court Adjourns Hearing (Video)

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Abayomi’s $87m Theft Case: AAS Legal Team Calms Angry Investors As Court Adjourns Hearing (Video)

 

 

 

 

 

Abayomi's $87m Theft Case: AAS Legal Team Calms Angry Investors As Court Adjourns Hearing (Video)

 

 

 

 

Global News Reports That Sadly, the Federal High Court sitting in Abuja on Tuesday, May 14th, 2024 adjourned the hearing of Abayomi Oluwasesan and his wife who were charged by the IGP Kayode Egbetokun for gaining access to several millions of investors funds ($87m) of Afriq Arbitrage System, an online financial trading platform.

 

 

 

 

 

 

 

 

Although the matter was mentioned for hearing, the trial could not go on because of the absence of the Defendant lawyer.. The prosecutor Sidi Abdulrasheed reported to the court that the SAN holding brief for the suspect sent a letter requesting for an adjournment due to an emergency trip outside his jurisdiction.

 

 

 

Sidi complained that three of the four witnesses billed to testify came from Lagos and expenses were incurred. He revealed that at the last sitting, the hearing could not be held because the defendant’s lawyer was also absent on the pretext of illness.

 

 

He therefore urged the court to bill the defendants 500k each for flight of the witnesses .

 

 

 

In his response, Justice MS Idris appealed to the prosecutor to consider the defendants’ plea for an adjournment and consequently adjourned the case to June 10th and 11th, 2024, and the suspects were sent back to Suleja correctional centre.

 

 

 

 

Meanwhile, several angry investors who witnessed the proceeding expressed their anger at Abayomi. Counsel for the company, Barrister Obeten calmed their nerves and assured them justice will be served in court.

 

 

 

 

 

 

 

 

 

 

It would be recalled that Abayomi Segun Oluwasesan who allegedly committed the heinous crime of defrauding the leading global crypto space known as Afriq Arbitrage System was re-arrested alongside his wife and arraigned in FCT High court, Jabi in Abuja on March 28th, 2024.

 

 

 

Abayomi and his wife were tracked to an estate in Lagos and brought back to Abuja on Sunday, March 24th, 2024 over the lingering financial scam to the tune of 87 million dollar and criminal activities he perpetrated against AAS and the CEO, Jesam Micheal.

 

 

 

 

 

 

 

 

The accused individuals were charged for purportedly accessing millions of subscribers’ investments at the Afriq Arbitrage Company’s online trading platform until October 9th, 2023.

 

 

 

 

 

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Court Remands Prince Humble, Micheal Okoh, Prof Oma, Others in Kuje As Jesam’s Legal Team Clears The Air (Video)

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Abayomi's $87m Theft Case: AAS Legal Team Calms Angry Investors As Court Adjourns Hearing (Video)

Court Remands Prince Humble, Micheal Okoh, Prof Oma, Others in Kuje As Jesam’s Legal Team Clears The Air (Video)

 

 

 

 

 

 

 

 

 

 

 

Global News Reports That The lingering allegation of cyberbullying, cyber stalking against Humble Prince Etang, Donald Micheal Ubi, Dennis Okoi and Michael Okoh at the Federal High Court has been adjourned till May, 22nd and the accused remanded at Kuje prison.

 

 

 

 

Court Remands Prince Humble, Micheal Okoh, Prof Oma, Others in Kuje As Jesam's Legal Team Clears The Air (Video)

 

 

 

 

Justice Joyce Abdumalik who was saddled with the responsibility of hearing the case filed by the IGP on behalf of Jesam Michael against the accused ordered the remand of the accused in the Kuje Correctional Centre until May 22nd, when the case is slated to come up for hearing and bail application verdict.

 

 

 

 

 

 

 

 

 

It would be recalled that the CEO of Afriq Arbitrage System, Jesam Michael, was the complainant at the Federal High Court, Abuja. Michael had petitioned the Inspector General of Police (IGP), accusing Humble Prince Eta, Donald Michael, Fifeyin Awajumo and Michael Okoh of cyberbullying and cyber stalking.

 

 

 

 

 

 

 

 

 

He alleged that the five individuals circulated some messages against him on Facebook and WhatsApp in April where the accused who were never investors of the company threatened him, his family, workers and put up several incriminating lies against his person. They were picked up by the police where some shocking discovery was unearthed.

 

 

 

 

 

 

 

 

 

Meanwhile, the legal team of Jesam Michael and Afriq Arbiritage System, Barrister Obeten revealed that justice will be served. He also cleared the air on the alleged assault of Maxwell Opara by his client. He said his action is tantamount to contempt of court as a lawyer does not have the right to judge a case he is involved in. He admitted that his actions are strange to the legal profession and that cases are not won on social media but in court.

 

 

 

 

Watch Video:

 

 

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Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

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Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

 

 

 

 

 

Continue to speak out against all forms of injustice to yourselves and others, and you will set a mighty example for your children and for future generations.”

 

 

 

— Bernice King

 

 

 

 

 

Martin Luther King Jr. once said, “Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.”

 

 

 

 

 

 

 

 

Global News Reports That Investors of leading global financial platform Afriq Arbiritage System have demanded for justice against the Abayomi Oluwasesan who stole the company’s $87m money and his cronies, Humble Prince Etang, Donald Michael, Fifeyin Awajumo and Michael’s Okoh who have used the instrument of cyber bully and cyber stalking to attack their CEO, Jesam Michael.

 

 

 

Maxwell Opara Goofed Says AAS Investors As They Stand By Jesam Michael, Demand For Justice

 

 

 

 

Also, they have unanimously condemned the ungodly role of the legal practitioner of the accused, Maxwell Opara, who has been narrating a dangerously false narration about the incident knowing full well that the perpetrators of these alleged crimes are the villain not the victims.

 

 

 

Consequently, some representatives of the global community of AAS known as Spartans have penned an open letter condemning the unfortunate incidents against their CEO and the company. Excerpts…

 

 

 

 

 

 

 

Maxwell Opara must be called to order by the Nigerian Bar Association (NBA).

 

 

The Spectacle created by the so-called Maxwell Opara, a lawyer hired by ponzi hawks led by one Michael Okoh has exposed the short-comings of the legal profession in the country.

 

 

It’s so daft and unprofessional for a supposed lawyer to go to the press and talk about a case ongoing in court. A case he is himself representing in the court of law.

 

 

Those he is representing are tied to the chief culprit that is Abayomi and we believed by now as a lawyer he should have gotten all the facts related to the case he was brought in to litigate.

 

 

 

 

The accused, Abayomi has since confessed to his crime of stealing a whooping 87 million dollars from the confers of AAS. His lawyer has publicly stated this in court. How then Opara was not so informed as to guide his utterances?

 

 

This indiscretion on the part of a lawyer cannot be swept under the carpet. Whatever his motives are, we know he is part and parcel of the propaganda machinery to bring down AAS and its CEO, which is a defeated endeavour as everyone already knows. Their plot has failed as the truth is already in the public domain.

 

 

While AAS and its CEO will never take the laws into its hands, we are calling on the Nigerian Bar Association (NBA) to effectively call their member to order, and impose disciplinary measures for such flagrant flouting of the legal profession’s code of conduct.

 

 

However, irrespective of what the NBA do or fail to do, the security agencies have taken the lead to call him to order as a polite invitation to turn himself in to the Nigeria Police Force or be arrested has gone out. The choice is his to make.

 

 

As stated before, there are consequences for our words and actions. The said assault on him as reported by some media pools is a misinformation. Opara was never assaulted by the complainant. He was stopped from further spreading lies about a case in court of which the obvious is clear; that ABAYOMI OLUWASESAN, has confessed to stealing 87 million dollars from AAS.

 

 

We should also remember, Abayomi was an employee of AAS, with the knowledge of the key codes to the system, a privilege afforded him by the CEO in trust which he swiftly betrayed.

 

 

He did not hack the system, because the system is unhackable. He simply entered because he has the keys. No one has the keys to a door and rather break in, they simply go in with the keys.

 

 

So gentlemen of the press, Abayomi stole from AAS, and every lawyer involved in this case must go the extra mile to get to the bottom of the truth before saying anything about the case.

 

 

Maxwell must be disciplined and possibly disbarred for bringing shame to the law profession. AAS will leave no stone unturned and will not fold its arms while naysayers and haters run riot.

 

Never Again.

 

 

RICHARD

 

 

 

 

 

This is pretty absurd that individuals and institutions make comments without appraising themselves of the circumstances or the facts.

 

 

A crime was not committed against Maxwell Opara, a crime was committed against Investors and the CEO of the company they invested in, Afriq Arbitrage Systems. The defendants Maxwell Opara is representing, have already been deeply apologetic of their actions and the principal defendant, Mr. Abayomi has even confessed to the crime of stealing 87 Million dollars from the coffers of AAS.

 

 

 

 

 

 

 

 

 

Maxwell Opara takes sensationalism to the next level when he demonstrates his limited knowledge of the case by stating that the money that was stolen was 100 Million dollars… In so doing, he perjured himself and deeply affected his credibility in exercising his legal profession.

 

 

What I see playing out here is a drama where most actors are attempting to have their 5 minutes of fame in the spotlight. This case is huge, and such actors like Maxwell Opara, do not have to be paid any attention to as they attempt to have a spin off show on this main event. The law is going to deal with Maxwell, and as for the rest of us investors, we shall drown the noise and concentrate on how to get our stolen investment of 87 Million dollars from Mr. and Mrs. Abayomi.

 

 

 

 

 

Opara’s actions have raised serious concerns about legal ethics and the objectivity of legal practitioners.

 

 

 

 

The situation involving Maxwell Opara, who was responsible for defending individuals in a cyberbullying case, has taken a dramatic turn. While Opara was representing Michael Okoh, Humble Etenge, and others, another legal matter involving Abayomi Oluwasesan and Afriq Arbitrage System came to light.

 

 

Abayomi’s involvement in a $87 million theft and subsequent confession added a layer of complexity to the situation. Despite not directly representing Abayomi in legal proceedings, Opara was seen commenting on the case between Abayomi and Afriq Arbitrage System.

 

 

Opara’s actions have raised serious concerns about legal ethics and the objectivity of legal practitioners. This revelation highlights the paramount importance of upholding ethical standards and integrity within the legal profession.

 

 

The consequences of Opara’s conduct underscore the necessity for transparency and accountability in the legal field. This scandal serves as a stark reminder of the risks associated with allowing personal gain to compromise the pursuit of justice and the equitable execution of the law. It serves as a cautionary tale about the importance of maintaining ethical standards in legal practice to uphold justice and fairness.

 

 

 

 

 

 

 

 

 

 

This Lawyer goofed

 

 

 

He contravened the rules of Professional Ethics as Legal Practitioners in Nigeria

 

 

Once a case is under the jurisdiction of a Court, it’s a common principle of judicial practice that none, not even the parties involved, nor any lawyer engaged for that matter must go to the media to begin another trial or hearing. It’s Contempt of the Court. The Court usually frowns at such conduct.

 

 

A case is subjudice when anyone goes outside the court to make any forms of comment, conference or conclusion with respect to such a case.

 

 

The Maxwell Okpara stands to be seriously reprimanded with the appropriate sanctions by the Legal Practitioners Disciplinary Committee.

 

 

In addition to the police investigation ongoing against Maxwell Okpara, I humbly advise once again that our AAS Legal Team submit a Petition to the Legal Practitioners Disciplinary Committee ( LPDC ) against Barr. Maxwell Okpara for his breach of the rules of Professional Ethics which forbids Lawyer from discussing or granting interviews with respect to matters or proceedings ongoing in the Courts.

 

 

I felt ashamed of Maxwell Okpara conducts as a Lawyer too when I saw him delved into the live issues already before the Court in his Press interviews.

 

This is too bad for a Lawyer’s conduct!

 

 

Our AAS Legal Team appears more professional and must be guided always too, because the Newshounds would always come to them to scoop or scout for headlines.

 

 

When approached by the media, all a Lawyer could say is “ the Court has spoken, the next date of adjournment is “xyz “ it is subjudice to say anything further on this case. Thank you gentlemen of the Press for your interest .

 

 

Pronto ! You discharge the Press and go your way .

 

This is best practice we all learn as Lawyers.

 

Anyone as a Lawyer , including Maxwell Okpara who contravenes the rules must face the consequences of their actions.

 

 

 

LEKAN OLANISEBE

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