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CBEX: Osun radio station sanctions presenter, distances self from Ponzi scheme

  The management of Osun State Broadcasting Corporation (OSBC) has  absolved itself of any institutional involvement in the airing of content promoting the crashed CBEX Trading Exchange Global scheme, describing the incident…

 

The management of Osun State Broadcasting Corporation (OSBC) has  absolved itself of any institutional involvement in the airing of content promoting the crashed CBEX Trading Exchange Global scheme, describing the incident as unauthorized and misleading.

In a statement signed by the Corporation’s Public Relations Officer, Gbenga Faminu, OSBC clarified that the controversial segment, which aired on Orisun FM, Ile-Ife, was not approved by the station’s editorial board and was traced to an independent presenter.

“As a responsible media organization, OSBC identified the five-minute controversial content smuggled into our programming and has since sanctioned the presenter responsible,” he said in the statement.

The Corporation emphasized that it operates under strict regulatory oversight and remains committed to ethical broadcasting standards. It also reiterated its role as a trusted voice in the Southwest, pledging continued dedication to public enlightenment, education, and entertainment.

OSBC warned the public to remain vigilant as various fraudulent schemes continue to exploit the nation’s economic hardship, ensnaring unsuspecting individuals.

The state-owned media house assured stakeholders of its ongoing efforts to uphold transparency and professionalism in all its broadcasts.

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Published April 17, 2025
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