Unbelievable! Seun Egbegbe granted N5m bail

Popular Nollywood movie marketer,Seun Egbegbe who was arrested weeks back for swindling some Bureau De Change Operatives accompanied by Oyekan Ayomide, has been granted bail by the Federal High Court in Lagos.

Justice Oluremi Oguntoyinbo who chaired over the case ruled that Egbegbe should be granted bail once he meets bail requirements.

“Both accused should be granted bail of N5million 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” she said.