A Lagos socialite and movie producer, Mr Olajide Oluwaseun Kareem, popularly known as Seun Egbegbe,is to remain in prison custody for alleged foreign exchange scam of over N40 million and hundreds of thousands of dollars and pound sterling.
Justice Oluremi Oguntoyinbo of a Federal High Court sitting in Lagos ordered that
Egbegbe will be in the custody of prison authorities pending hearing of his bail application.
Operatives of the State Criminal Investigation and Intelligence Department (SCIID)of Lagos State Police Command, Panti-Yaba, yesterday arraigned Egbegbe, before the court on 36 count charge bordering on conspiracy and fraud.
He was arraigned alongside his accomplice, one Oyekan Ayomide.
Nation
