It is no longer news self acclaimed movie producer Seun Egbegbe who is due in court in a couple of days for attempting to steal 9 iPhones from Computer village in Lagos last year , was caught trying to dupe two bureau de change operators the sum of $9000, and £3000.

Egbegbe and and his accomplice one Ayo Oyekan disguised as the MD of Gbagada general hospital and the other as a patient. They lured Alhaji Isa Adamu and Abdullahi Haruna both bureau de change members , from different location to the hospital to steal the money from them. The unsuspecting victims brought the money to the suspects at the hospital where they collected the said amount and attempted to escape with the money.

However, MDB can confirm to you that apart from the sum $9000, and £3000, the sum of $2900 was also recovered from Egbegbe.

Reliable sources present at the scene revealed exclusively to MDB that Egbegbe while trying to escape hid the money in his underpants, where it was eventually recovered from.

This brings to total the sum recovered from Seun Egbegbe and his accomplice as[b] $11900 and £3000.[/b]

The Oluwo of Iwo, Oba Abdulraheed Akanbi, has said he will not appear before a Magistrate’s Court in Osogbo, Osun State, which on Tuesday last week, issued a bench warrant for his arrest ( Read that here).

The monarch also declared that he was not involved in Internet fraud, known as Yahoo Yahoo, contrary to the allegation against him in a case before the court.

The Magistrate’s court, presided over by Mr. Olusola Aluko, had, on December 20, issued a bench warrant for the arrest of the traditional ruler for refusing to appear in court in a case instituted against him by the Oluwo of Iwo Oke, Oba Kadiri Adeoye.


Speaking with our correspondent on Sunday, Oba Akanbi said he was not a fraudster and would not appear before Aluko, alleging that the case had been compromised.

The monarch equally alleged that some monarchs, who were afraid of his rising fame, were using the traditional ruler in his domain to fabricate lies against him with the aim of destroying his reputation.

He said, “It is a shame on the judiciary to have such magistrate. There is no indictment; no case at all; somebody just brought a worthless paper before you. It is a civil case and you are relying on that to issue a warrant of arrest.

“I am not a criminal. Some people want to tarnish my name and they cooked up a lie that I am into Yahoo Yahoo. I am not. Can one be a monarch and still be doing Yahoo Yahoo? What do I need that for?

“The police commissioner is being represented in court, this is a civil matter; I was also represented in court by some traditional rulers and about five lawyers. Why didn’t he issue a bench warrant against the CP, who is the respondent in the case or was the CP present in court?

“All he just wants is to tarnish my name. That means it has a political undertone.”

The monarch said his achievements within a year of ascending the throne had intimidated some people including some monarchs, who he did not mention.

The magistrate had threatened to issue a bench warrant against the Iwo monarch on December 2 if Oba Akanbi failed to appear before the court on December 20.

The monarch did not appear in court but was represented by his counsel.