Nigerian filmmaker, Seun Egbegbe has been spotted smiling sheepishly after he was granted bail by a Federal High Court sitting in Ikoyi. 
 
He was granted N5 million bail after his bail hearing was adjourned to today, Friday 24, due to the failure of the police to file a counter affidavit. 
 
Justice Oluremi Oguntoyinbo who presided over the case ruled Mr. Seun should be released from prison once he meets his bail requirements. 
 
"Both accused (Seun and his accomplice) 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," she added.
 
Seun was in early February arrested while attempting to dupe two Bureau De Change operators of N10 million in Gbagada General hospital.