The Economic and Financial Crimes Commission, Lagos Zonal Directorate 2, on Thursday, 12 November 2026, arraigned musician Felix Duke Osagie, also known as Felix Duke, before Justice Ismail O Ijelu of the Lagos State High Court sitting in Ikeja, Lagos, over an alleged N21.2 million fraud.
Osagie faces trial on four counts of stealing, obtaining money by false pretence, retention of proceeds of crime, and giving false information.
One count alleges that sometime in 2020, within the jurisdiction of the court, with dishonest intent, he stole and converted for his own use the sum of N21,250,000 (Twenty One Million, Two Hundred and Fifty Thousand Naira), property of Mr Joseph Onuh Oguche, contrary to Section 280 and punishable under Section 287 of the Criminal Laws of Lagos 2015.
A further count states that on 2 April 2026, in Lagos, with intention to mislead, he made a false statement to officers of the Economic and Financial Crimes Commission in the course of investigation, claiming the existence of a land he had authority to sell, situate at Ise in Ibeju Lekki, Lagos, which to his knowledge is false, contrary to Section 39 of the Economic and Financial Crime Commission Establishment Act, No 1 of 2004.
The defendant pleaded not guilty when the charges were read to him.
Prosecution counsel Abdulhamid Lamido Tukur asked the court for a trial date and prayed that the defendant be remanded in a correctional centre.
Defence counsel Sunday Afolabi informed the court of a pending bail application dated 4 November 2026 and filed on 5 November 2026. The application was supported by an affidavit of 18 paragraphs deposed to by the defendant’s wife. He urged the court to grant bail on very liberal terms or on self recognisance.
In response, Tukur stated that the prosecution had filed a counter affidavit dated 10 November 2026. He urged the court to consider paragraph six of the counter affidavit, which stated that the defendant had jumped bail since July 2026. The prosecution counsel also disclosed his intention to call four witnesses during the trial.
Tukur added that a counter affidavit of 14 paragraphs had been filed, urging the court to reject the bail application. He said the defendant had jumped the Economic and Financial Crimes Commission’s administrative bail since July and had been pursuing a fundamental rights enforcement suit in another court through his legal counsel.
Justice Ijelu granted the defendant bail in the sum of N10,000,000 (Ten Million Naira), with two sureties in like sum. One of the sureties must be a blood relative of the defendant. Both sureties must be resident in Lagos, must have paid taxes to the Lagos State Government within the last three years, and must provide evidence of a verifiable source of income.
The judge further ordered the defendant to surrender his passport to the Court’s Registrar and barred him from travelling outside Nigeria pending the conclusion of the matter.
Justice Ijelu adjourned the case until 16 December 2026 for the commencement of trial and ordered the defendant to be remanded in a correctional facility pending the perfection of his bail conditions.
By John James
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