Nollywood film-maker, Olajide Kazeem, aka, Seun Egbegbe, has spent 20 months in prison custody unable to meet the N5m bail granted him by the Federal High Court in Lagos.
The case resumed yesterday for continuation of trial.
The erstwhile Lagos socialist, known for his lavish lifestyle, has been incarcerated since February 10, 2017.
That was after he was arraigned by the police for alleged fraud involving N39, 098,100, $90,000 and £12,550.
The police alleged that Mr Egbegbe, a controversial figure in the Yoruba film industry, fraudulently obtained the money from no fewer than 40 Bureau De Change operators in Lagos over a period of two years – 2015 to 2017.
The film-maker alongside his accomplice, Oyekan Ayomide, was arraigned before Justice Oluremi Oguntoyinbo for 36 counts bordering on advance fee fraud.
Mr Egbegbe’s publicised affair with Nollywood actress, Toyin Aimakhu, a few years ago shot him into limelight.
The relationship, however, ended in a controversial manner.