Driver Steals Employer’s N120m Caterpillar, Sells It For N1.5m

The police at the Bar Beach Division,Victoria Island, Lagos,
western Nigeria, have arrested a driver, Amos Oladapo, 29, in Ogun State for
allegedly stealing a Caterpillar payloader valued at N120m.
After it was stolen, the earth moving equipment which belongs
to his employer, Cobel Construction Limited, was taken to Ogun State where it
was sold for N1.5m.
Also arrested with the driver over the alleged crime are
Abiodun Taiwo, 45, who reportedly assisted Oladapo to look for a buyer and
Augustine Aiyegbeni, 48, the alleged buyer of the Caterpillar.
The police alleged that the incident occurred on 20 January,
2016 at Sanusi Fafunwa Street,Victoria Island, Lagos, when the driver was sent
by his employer to use the Caterpillar with plate number FST 201 XL to work at
Victoria Island.

The driver instead drove the equipment straight to Abeokuta
in Ogun State to meet the second suspect, Abiodun Taiwo, who allegedly assisted
him to sell itr to Augustine Aiyegbeni at give away price of N1.5m.
Following the incident, the complainant reported the matter
to CSP Segun Ajamolaya, the DPO in charge of Bar Beach division, Victoria
Island, about the disappearnce of Oladapo with the caterpillar valued at N120m.
The DPO, it was learnt, directed a team led by Inspector
Adenrele Stephen to fish out the driver and the caterpillar anywhere they could
be found.
Following intelligence gathering, the police arrested
Oladapo at Ifo area of Ogun State.
During investigation, the driver allegedly confessed that he
stole the caterpillar and sold it for N1.5m with the intention to use the
proceeds to travel overseas.
He led the police to arrest his two accomplices and recover
the stolen caterpillar at a hideout in Abeokuta.
The police brought the three suspects and the caterpilar to
Lagos, and after investigation, the three suspects were arraigned before an
Igbosere Magistrates’ Court, Lagos on a three-count charge of felony to wit,
stealing and receiving stolen property.
Police prosecutor, Sgt.Okete Ejima, said the offences the
accused persons committed are punishable under sections 409,285(7) and 326 of
the criminal law of Lagos State,2011.
The accusd persons pleaded not guilty to the charge, and the
presiding Magistrate, Mrs O. G. Oghre admitted them to bail in the sum of N1m
each with two surties each in like suim.
Oghre adjourned the case till 24 March, 2016 for
mention,while the defendants were taken to Ikoyi prison pending when they will
perferct their bail conditions.
Zimbabwe has seized a US-registered cargo plane which had a
dead body and large sums of South African currency on board, the state-owned
Herald newspaper reports.
Staff at the international airport in the capital, Harare,
noticed blood dropping from the aircraft when it had stopped to refuel while
flying from Germany to South Africa.
South Africa’s FIn24 news site quotes Zimbabwe’s Civil Aviation
Authority head, David Chawota, as saying the cargo on the plane belonged to
South Africa’s central bank.
The police are now handling the issue and the plane, which
is owned by Western Global Airlines, has been grounded at Harare International

Follow Us on Facebook – @LadunLiadi; Instagram – @LadunLiadi; Twitter – @LadunLiadi; Youtube – @LadunLiadiTV for updates


Please enter your comment!
Please enter your name here