How Nollywood’s Seun Egbegbe was granted N5m bail after 23 days in jail

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The offenders will remain in police custody till their bail requirements are met.

Nollywood filmmaker, Seun Egbegbe was granted bail of N5m on February 24 after 23 days behind bars for attempted fraud.

Egbegbe and his accomplice, Oyekan Ayomide appeared at the Federal High Court in Lagos on Friday to know their fate in front of Justice Oluremi Oguntoyinbo.

The convicts had earlier appeared at Ogudu Magistrate Court, where Egbegbe was charged with 36 counts, which include defrauding a couple of Bureau De Change workers of over N6m at Gbagada General Hospital in Lagos.

READ: Seun Egbegbe is possessed: Nigerians react to 2nd arrest

‘Both accused should be granted bail of N5m with two sureties each in a sum of N2.5m. That is four sureties altogether. One of the sureties must be a civil servant who has attained level 16 while the other surety must be a land owner in any part of Lagos metropolis,’ Oluremi said in her judgement.

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She added: ‘The landowner must submit Certificate of Ownership of the landed property and while the civil servant must submit his international passport to the court. The four sureties must swear to an affidavit while the house and office addresses and telephone number will be verified by the court.’

However, the offenders will remain in police custody till their bail requirements are met.

Meanwhile, the iPhone theft case is still ongoing.

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