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Seun Egbegbe to spend more time in police custody



Court grants Seun Egbegbe, accomplice N5m bail

Serial fraudster, Seun Egbegbe pleaded not guilty to 36 count charge bordering on conspiracy and fraud when he was arraigned before a Federal High Court sitting in Lagos on Friday.

The Ebony Films Production boss and his accomplice, one Oyekan Ayomide appeared before Justice Oluremi Oguntoyinbo for attempting to defraud two Bureau de Change operators and 26 others of over N40 million and hundreds of thousands of dollars and pound sterling on the 2nd of February.

The two suspected fraudsters in a charge marked FHC/L/40c/2017, filed before the court by the SCIID’s Head of Legal department, Mr. Effiong Asuquo, a Chief Superintendent of Police (CSP), were alleged to have between 2016 and February 2, 2017, defrauded the BDC Operators at various places in Lagos State to the tune of N40.647 million; $29, 800,00 USD; and £4, 815 United Kingdom Pounds Sterling.

Read also: Court adjourns Seun Egbegbe’s iPhone theft case pending investigations

The offence according to the prosecutor contravenes sections 8 and 1(1)(a)(B)(3) of Advance Fee Fraud and Other Related Offences Act 2006, and are all punishable under section 1(1) of the same Act.

However, the prosecutor urged the court to detain the suspects owing to their not guilty plea pending trial while counsel to the suspects A. O. Gbadamosi, pleaded with the court to give a date for the hearing of his clients’ bail applications.

In granting the request of the prosecutor, Justice Oguntoyinbo ordered that the two defendants be remanded in prison pending when a bail application is filed by the counsel to the suspects.



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