DERIKO GRANTED N50M BAIL OVER ALLEGED DEFAMATION OF ELUMELU’S WIFE
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By ‘Balogun Ibrahim
X user Deriko, popularly known as the “banger boy,” who was arrested and remanded in prison over alleged defamatory remarks concerning Tony Elumelu’s wife, has reportedly concluded his court proceedings, with the court granting him bail in the sum of N50m.
Deriko had earlier claimed in a post on X that he possessed inside information about an alleged romantic relationship between Tony Elumelu’s wife and Nigerian singer Chike.
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However, he remains in detention pending the fulfilment of the bail conditions.
Meanwhile, reports indicate that members of his family have appealed to Tony Elumelu to show mercy and help secure his release from custody.
The N50m bail requirement has drawn attention to the case, which began following Deriko’s controversial social media allegations.
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