Egbegbe who once managed fuji artistes Wale Ayinde and Pasuma, started his ordeal years ago after the police alleged that he swindled no fewer than 40 Bureau De Change Operators in Lagos over a period of two years. He was accused of falsely telling them he had naira to change into foreign currencies and vice versa. On March 10, 2017, over 30 BDC operators stormed the court for the trial. Egbegbe’s case was set to continue in court as the filmmaker who had been remanded in prison since 2017 could not meet bail conditions. The 43-year-old filmmaker asked the court for a no-case submission in other to be acquitted without having to present a defence, Legit reports
He however pleaded not guilty to the charges which is contrary to Section 8 of the Advance Fee Fraud and Other Related Offences Act 2006 and liable to be punished under Section 1(3) of the same.
Justice Oluremi Oguntoyinbo who presided over the case, stated that the police had been able to establish a prima facie case against them, which requires that they put in their defence.
Linda Ikeji”s blog, reports that Oguntoyinbo, thereafter adjourned the case till January 12, 2021 for the defendants to open their defence.