By Onozure Dania,
LAGOS—Three traders at Alaba International Market, Ojo, Lagos, have been arraigned by the police for allegedly breaking into a store in the market and stealing rolls of speaker wire valued at N16. 6 million, being the property of Ugo Ventures.
The defendants, Nnaemeka Ogbodo, 29; Ikechukwu Ude, 33, and Chijioke Eze, 34, were docked before an Igbosere Magistrate’s Court, Lagos.
The defendants, whose residential addresses were not given, are standing trial on a three-count charge of conspiracy, breaking and entry to steal, and receiving stolen goods, preferred against them by the police.
Police prosecutor, Mr. Charles Odii, said that the offences committed are punishable under Sections 409 and 326(1) (2) of the Criminal Laws of Lagos State, 2011.
However, the defendants pleaded not guilty to the alleged crime and Magistrate Abimbola Komolafe admitted them to bail in the sum of N5million each, with two sureties each in like sum.
Komolafe ordered that the sureties must deposit N100,000 each with the Court Registrar and adjourned the case till September 15 for mention.
Consequently, the defendants were taken to Ikoyi Prison, pending when they are able to fulfill their bail conditions.
Police had alleged that “following a complaint by the management of Ugo Ventures about the theft to the Deputy Commissioner of Police in charge of FSARS that unknown persons had broken into their store to steal goods worth millions of naira and escaped, the Ibrahim Kaoje directed a team, led by Olabisi Adejumo, to track and arrest the fleeing suspects anywhere they could be found.
“The suspects, who were arrested at their shops at the Alaba Market, following a tip-off, all denied the allegation but admitted that they only received the goods from some persons they failed to mention their names to date.
“The suspects led detectives to recover all the goods from their hideout.”