Nollywood film-maker and producer, Olajide Kareem, aka Seun Egbegbe, has spent over 30 months in prison after he failed to meet the N5m bail granted him by the Federal High Court in Lagos.
The 43-year-old had been arrested for allegedly obtaining money by false pretences from no fewer than 40 bureau de change operators in different parts of Lagos from 2015 to 2017.
Egbegbe and one Oyekan Ayomide were first arraigned on February 10, 2017, before Justice Oluremi Oguntoyinbo, on 36 counts bordering on advance fee fraud. The judge said one of the sureties must be a civil servant on at least Level 16 and must own a landed property in Lagos State.
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