Seun Egbeegbe was arraigned before an Ikeja magistrate court earlier on Thursday, November 24 and was granted bail, with two sureties who have N2m in their account, and property within Ikeja.
According to Encomium, the controversial film maker was in a black and white buba and sokoto when he appeared in court. He pleaded not guilty. The case was adjourned to February 8, 2017.
The theft case against Egbegbe was before Magistrate A.J. Atunwa at Roseline Omotosho Court House in GRA Ikeja.
Recall that on Tuesday, November 22, Egbeegbe had been apprehended after he reportedly fled with 9 iPhone handsets valued at over N2 million at Computer Village, Ikeja. He was battered until police from Area F Command came. He reportedly told the mob that he wanted to fetch the money from his vehicle before the alarm. But no one believed his story.
As at the time of posting, it's unclear if he has been able to meet his bail condition or still in custody.