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HomeWorld NewsSeun Egbegbe retakes $90,000, £12,550 as he's free of Ikoyi jail

Seun Egbegbe retakes $90,000, £12,550 as he’s free of Ikoyi jail

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Thursday, October 13, 2022

Seun Egbegbe

Seun Egbegbe

Nollywood actor Olajide Kareem popularly referred to as Seun Egbegbe has been launched from the Ikoyi Correctional Centre following a courtroom judgement in his favour.

Spokesman of the Nigeria Correctional Service in Lagos, Rotimi Oladokun, confirmed the discharge to Peoples Gazette on Wednesday.

The Lagos Division of the Federal Excessive Court docket in Ikoyi had on Tuesday convicted the filmmaker on one out of the 44-count cost most well-liked towards him. 

On rely 19, the courtroom sentenced him to 7 years imprisonment ‘with arduous labour’ which deem to have already got been served since he had been remanded in jail since February 10, 2017.

The courtroom additionally additionally dominated that monies seized from the filmmaker– $90,000 and £12,550– be returned again to him since there was no proof that they have been proceeds of crime.

The choose mentioned that the prosecuting staff failed of their duty to supply proof, to be backed with witnesses on counts 4, 19 and 21.

The Lagos socialite identified for his lavish life-style, was arrested for fraud. The police alleged that he swindled 40 Bureau De Change operators in Lagos between 2015 to 2017. They mentioned he obtained the cash fraudulently by deceiving the BDC operator that he needed to alter his naira notes to arduous currencies.

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