Advance Fee Fraud: Seun Egbegbe Granted N5m Bail

Justice Oluremi Oguntoyinbo of the Federal High Court in Lagos has granted bail to Nollywood marketer, Seun Egbegbe and one Oyekan Ayomide who were arrested and arraigned on 36 counts of Advance Fee Fraud.

On February 2 2017, Egbegbe was arrested by the Lagos State Police for attempting to swindle $9000 and £3,000 from a Bureau de Change operator.

Oguntoyinbo granted them N5 million bail each to both accused. She said:

Both accused should be granted bail of N5 million with two sureties each in a sum of N2.5million. 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.

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.

Egbegbe and Ayomide will remain in custody until they meet bail requirements.

Source: Sahara Reporters