Alleged fraudster, Seun Egbegbe, continues to wither away in the general cell of Ikoyi prisons where he has taken residence for more than 100 days now.
Family and friends of the entertainment promoter have hit a brick wall in their attempts to secure his bail according to a source close to him.
According to the source, friends and benefactors have abandoned the socialite, leaving him to carry his cross alone.
“Now, the frequency of people visiting him in the prison has reduced drastically. All his friends and followers have gone under. They are afraid of being implicated. It is only his heavily pregnant girlfriend, Nikky Berry and his parents that visit him now.
They still prepare his food from home. Most of his girlfriends and those he supports financially have deserted him. Nikky is the only girl left with him now. She really stands by him all through his travails,” he told Encomium.
He added that nobody wants to stand as surety for Seun Egbegbe due to the stringent nature of the bail conditions he was slammed with. He added that Seun didn’t understand the gravity of his situation at the initial stage but that he now fully realises that he is in serious trouble.
He said, “Things are not as expected at all. He earlier thought it was a child’s play. It’s now he understands better the kind of situation he is in. I learnt that his family has since been running from pillar to post to get him out of detention, but their efforts are yet to yield the desired results as nobody is ready to stand as surety for him because of the stringent conditions attached.”
Seun Egbege was arrested for allegedly defrauding some Bureau De Change operatives of over N40 million, between 2016 and February 2017. He has been granted bail since February of N5 million with two sureties each in a sum of N2.5 million.
Justice Oguntoyinbo of the Federal High Court in Lagos ruled that Mr. Egbegbe be granted bail once he meets his bail requirements.
“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 sureties must swear to an affidavit while the house and office addresses and telephone number will be verified by the court,” he ruled.