As film practitioner and socialite, Seun Egbegbe, remains in detention for his inability to meet bail conditions, the police have highlighted how he allegedly defrauded bureau de change operators in Lagos of millions in naira and foreign currencies.
A Federal High Court in Lagos has also said that Egbegbe (real name, Olajide Kareem) has a case to answer.
According to ‘The Punch’, the court dismissed the no-case submissions he filed, with the judge, Justice Oluremi Oguntoyinbo, saying the police had been able to establish a prima facie case against them, which requires that they put in their defence.
According to the prosecuting counsel for the police, Innocent Anyigor, Egbegbe and his gang swindled the BDC operators out of total sums of N39, 098,100, $90,000 and £12,550 over a period of two years.
The prosecutor said they obtained the money from their victims by deceiving them that they either had foreign currencies to sell to or buy from the BDC operators.
Anyigor said the defendants acted contrary to Section 8 of the Advance Fee Fraud and Other Related Offences Act 2006 and were liable to be punished under Section 1(3) of the same.
The judge, therefore, adjourned till January 12, 2021 for the defendants to open their defence.
Egbegbe is standing trial alongside Oyekan Ayomide, Lawal Kareem, Olalekan Yusuf and Muyideen Shoyombo.