A Fuji musician, Felix Osagie, has been arraigned before a Lagos State High Court in Ikeja over an alleged N21.25m fraud.
The Economic and Financial Crimes Commission arraigned Felix Osagie on Thursday before Justice Ismail Ijelu on a four-count charge bordering on stealing and obtaining money under false pretences.
The EFCC alleged that the musician fraudulently converted N21.25m belonging to one Joseph Oguche in 2020.
However, Osagie pleaded not guilty to all four charges.
Following his plea, the prosecution counsel, Lamido Ochuko, urged the court to remand him in a correctional facility and fix a date for trial.
But the musician’s lawyer, Sunday Afolabi, applied for his release on bail, citing his deteriorating health.
Moving the bail application, the defence counsel told the court that Osagie was diabetic and could no longer walk due to his worsening condition.
He added that his client’s health had deteriorated while in EFCC custody and that he had been in and out of hospital since leaving the commission’s custody.
However, the EFCC opposed the application, informing the court that it had filed a counter-affidavit.
The prosecution alleged that Osagie had been jumping bail since July 2026 and disclosed its plan to call four witnesses during the trial.
In his ruling, Justice Ijelu granted the musician bail in the sum of N10m with two sureties in like sum.
The judge directed that the sureties must be blood relatives of the defendant, have paid taxes to the Lagos State Government in the last three years and provide evidence of verifiable sources of income.
Osagie was also ordered to surrender his international passport to the court registrar and barred from travelling outside the country.
He was, however, remanded in a correctional facility pending the fulfilment of his bail conditions.
The case was adjourned until December 16, 2026, for trial.
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