Bosha-Reginald was arraigned before Justice R. A. Oshodi of the Special Offences Court sitting in Ikeja, Lagos by the Lagos Zonal Directorate of EFCC, on Friday, October 18, 2024. Bosah-Reginald alongside his companies, Magnificat Homes & Leisure Limited and Fifth Neighborhood Management Limited, had initially been arraigned on April 22, 2024.