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Nigerian Businessman Penalised N11 million For Allegedly Stealing Cars

The State Criminal Investigation Department, SCID, Panti, Yaba, Lagos, has charged a 41-year-old businessman, Tochukwu Anoliefo, with selling eight vehicles belonging to the complainants, Mrs Chuka Ezeokodi, for N11,000,000 and converting the money to his own use.
Following a petition by the complainant, the defendant was ordered arrested by the Deputy Commissioner of Police, DCP in charge of SCID, Lagos, DCP Fayoade Adegoke.
The defendant was charged with three counts of obtaining property by false pretense and stealing before the Yaba Chief Magistrate’s Court in Lagos.
In the charge sheet numbered F/25/2021, Police Counsel Georfrey Oriabure told the Court that the defendant committed the act on 6 April 2021 at 32B, Aju Dada Street, Isheri, Lagos.
Mrs Ezeokodi reported to Oriabure that she entrusted eight cars to the defendant, namely a Toyota Matrix 2003 model, a Toyota Sienna 2006 model, a Toyota Camry 2010 model, a Pontrial Vibe, a Toyota Sienna 2005 model, and three Camry Cars, to help her sell and remit the proceeds into her account, but that she was shocked when the defendant sold the vehicles worth N11,000,000 and converted the proceeds to his
Oriabure stated that the defendant’s actions were punished under sections 411, 314(1)(2), and 287 of the Lagos State Criminal Law, 2015.
The defendant, on the other hand, pleaded not guilty to the allegations and was granted N500,000 bail with two surties in the same amount by Magistrate O. Salau.
Salau postponed the case for mention until April 5, 2022, and ordered that the defendant be held at the Ikoyi Correctional Facility until the bail terms were met.
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