70 year old man arrested for stealing N200 million | Nigeria News
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70 year old man arrested for stealing N200 million

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-70 year old man, daughter and their accomplice charged for alleged stealing of N200 million.

-Two of the three accused persons are currently at large.

A 70-year old man, Shakin Oworu, has been arraigned before a Lagos magistrate court by thet Zone 2 police Command, Onikan, Lagos.

The accused and his daughter, Endurance Oworu are alleged to have stolen the sum of 200 million naira from the management of Universal Hair Care Limited and used the money to acquire personal properties in Lagos State.

Also arraigned alongside the duo is one Nasir Ismaila who is also facing trial for the same offence.

Both Endurance Oworu and Nasir Ismaila are however said to still be at large with there whereabouts unknown.

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The arrest of the accused persons was ordered by the Assistant Inspector General of Police, AIG, in-charge of Zone 2 Command, Lagos, Adamu Ibrahim following a complaint by the management of Universal Hair Care Limited after an audit of their account books.

Following investigations by the police team led by Sgt Akinduli Kehinde, the accused were arraigned before an Igbosere Magistrate Court on a three-count charge of forgery, stealing and receiving stolen properties.

Police prosecutor,DSP Eshiet Eshiet informed the Court in charge No B/66/2017 that the accused persons committed the alleged offence between 2008 and June 2016 at Universal Hair Care Limited located at 25,589 Williams Street, Lagos.

Eshiet told the Court that the accused persons fraudulently stole the sum of N200m from the management of Universal Hair Care Limited and used the money to procure Landed properties and vehicles.

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Eshiet listed the properties bought by the accused persons to include a building at 41, Obayan Street, Bariga; landed property at Oko- Oba, Agege; 1, Obadia Street, Bariga; Pharmaceutical and Supermarket Stores with the Name jHealth Pulse at Yaba.

Other properties listed are a landed property at Ogudu, Toyota Hiace Bus, Hyunda Car with Reg. number KTU 825 AM; Toyota Corolla Car with Reg.No LND 676 AD, Totota Corolla Car with Reg.No LSD 747 DW,Mazda Car with Reg.No APP 491 AD and Suzuki Car with Reg. EPE 362 AA.

Eshiet said that the offences the accused committed were punishable under sections 411,287(7) and 328 of the Criminal Laws of Lagos State,2015.

Chief Magistrate Folashade Botoku granted the accused bail in the sum of N250,000 each with two surtitles each in like sum after they all pleaded not guilty.

The case was also adjourned till 18 October, 2017 for mention and the accused ordered to be remanded at the Ikoyi Prison, Lagos pending the fulfillment of the bail conditions.


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Oladipo is a Content Supervisor at Naija News. He has a huge flair for creative writing, loves travelling and gets thrills from learning new things.

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