Following
the earlier adjournment of his is bail hearing to Friday 24, Seun Egbegbe has
been granted N5million bail from Federal High Court, Ikoyi.
Justice
Oluremi Oguntoyinbo who presided over the case, ruled that;
"Both
accused should be granted bail of N5million with two sureties each in a sum of
N2.5million. That is four sureties altogether. 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 four
sureties must swear to an affidavit while the house and office addresses and
telephone number will be verified by the court."

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