Imprisoned Filmmaker, Seun Egbegbe Loses At Federal High Court.

The no-case submissions filed by the former Lagos socialite and Nollywood film-maker, Olajide Kareem, aka Seun Egbegbe, were dismissed by the Federal High Court in Lagos.

In a ruling by Justice Oluremi Oguntoyinbo, the court claimed that the police had been able to create a prima facie case against them, requiring their defense to be brought.

Therefore the judge adjourned the defendants until January 12, 2021 to open their defence.

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Egbegbe is on trial alongside Oyekan Ayomide, Lawal Kareem, Olalekan Yusuf and Muyideen Shoyombo.

In the 40 counts brought against them the police charged that between 2015 and 2017 they defrauded no less than 30 Bureau De Change operators in Lagos of different amounts, both in local and foreign currencies.

Innocent Anyigor, Egbegbe and his team swindled BDC operators out of a total of N39, 098,100, $90,000 and £12,550 over a two-year period, according to the police prosecutor.

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By deceiving them that they either had foreign currency to sell to or buy from BDC operators, the prosecutor said they obtained the money from their victims.

Anyigor argued that the defendants behaved according to Section 8 of the Advance Fee Fraud and Other Similar Offences Act 2006 and were liable to be prosecuted under Section 1(3) of the Act.

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Yet they pleaded not guilty.

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