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Alleged BDC Operator : Seun Egbegbe regains freedom after three years in Prison

Nollywood producer, Olajide Kareem, aka Seun Egbegbe has regained his freedom after spending roughly three years and six months in custody.
The filmmaker was incarcerated on February 10, 2017, after obtaining money by false pretence from no fewer than 40 bureaus de change operators in different parts of Lagos from 2015 to 2017.
Egbegbe was alleged to have swindled the BDC operators out of money by claiming that he had naira to change into foreign currencies and vice versa.
He was arraigned by the police for a series of frauds involving N39,098,100, $90,000 and £12,550.
Egbegbe alongside one Oyekan Ayomide were first arraigned on February 10, 2017, before Justice Oluremi Oguntoyinbo, on 36 counts bordering on advance fee fraud.
The charge sheet was subsequently amended twice, with the counts eventually increased to 40 and three other defendants – Lawal Kareem, Olalekan Yusuf and Muyideen Shoyombo – added.
The prosecuting counsel for the police, Innocent Anyigor, said Egbegbe and the other defendants acted contrary to Section 8 of the Advance Fee Fraud and Other Related Offences Act 2006 and were liable to be punished under Section 1(3) of the same Act.
Egbegbe was set free yesterday 11th October 2022.
Justice Oluremi Oguntoyinbo declared that 43 of the 44 Count charges were crumbled because of a lack of witnesses to substantiate their claims.
The Judge also said that the prosecuting team did not produce evidence, to be backed with witnesses on Counts 4, 19 and 21.
On the issue that police tampered with the money recovered from the suspects, Justice Oguntoyinbo ruled that all the money recovered from Egbegbe as evidence should be returned to him.
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Just In : Awujale of Ijebuland,Sikiru Adetona, dies at 91

The Awujale and paramount ruler of Ijebuland, Oba Sikiru Kayode Adetona, has passed away at the age of 91.
The respected monarch reportedly died on Sunday, just hours after the announcement of the death of his longtime friend and former President, Muhammadu Buhari.
Mourning his passage, a prince of Ijebu, Prince Adedoyin Alatishe wrote on X, “Baami Ogbagba agbatewole , Erin wo. Omo anikilaya saagbu.”
Adetona, who ascended the throne in 1960, was one of Nigeria’s longest-reigning traditional rulers and widely revered for his contributions to the sociopolitical development of Ijebuland and Ogun State at large.
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Breaking: Former president Muhammadu Buhari has Died at a clinic in London

Former president muhammadu Buhari has died at a hospital in London this afternoon according to the family, He was former military head of state in 1983.
The family of the former president has announced the passing on of the former president, Muhammadu Buhari, GCFR, this afternoon in a clinic in London. May Allah accept him in Aljannatul Firdaus, Amin.”
Detials later
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Breaking : Tinubu returns to Abuja tonight after diplomatic visits to Saint Lucia, Brazil,Says Onanuga

President Bola Ahmed Tinubu is expected to arrive Abuja later tonight following a two-nation diplomatic tour that took him to Saint Lucia in the Caribbean and Brazil in South America.
His return was confirmed in a message posted on Saturday afternoon by the Special Adviser to the President on Information and Strategy, Mr. Bayo Onanuga, on his verified X handle, @aonanuga1956.
“President Bola Ahmed Tinubu returns to Abuja today after his two-nation visit to Saint Lucia and Brazil,” the presidential aide stated.
The President departed Nigeria on Saturday, June 28 for what was described as a strategic outreach aimed at strengthening ties with regions historically under-engaged in Nigeria’s diplomatic matrix.
His first stop was Saint Lucia, where he made a historic visit to build new ties and explore emerging partnerships with Caribbean states.
While in Saint Lucia, Tinubu interacted with regional leaders under the Organisation of Eastern Caribbean States (OECS), reinforcing Nigeria’s growing interest in Caribbean diplomacy and South-South cooperation.
He subsequently proceeded to Brazil to participate in the 17th BRICS Summit held in Rio de Janeiro.
On the sidelines of the summit, President Tinubu held a bilateral meeting with his Brazilian counterpart, President Luiz Inácio Lula da Silva.
The leaders co-chaired the Nigeria-Brazil high-level bilateral meeting , where they discussed mechanisms to boost trade, infrastructure financing, and cultural cooperation between Africa’s most populous country and Latin America’s largest economy.
With the President’s return, focus is expected to shift to domestic engagements and follow-up actions on the diplomatic and investment commitments made during his foreign tour.
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