South Wood Resources and Services Ltd
Three men in court over ‘N40.3 million furniture theft’
Sahara Reporters Three men appeared in a Magistrates’ Court in Yaba, Lagos, on Thursday over alleged N40.3 million furniture theft. The police charged Owolabi Sikiru, 43, Adeolu Ojedokun, 34, and Yinusa Ejika, 35 with two counts of conspiracy and stealing. They however, pleaded not guilty to the charge. The Prosecutor, ASP Roman Unuigbe, told the court that the defendants committed the offence on Aug. 8, at South Wood Resources and Services Ltd., at No. 23, Owolewa Str., Surulere, Lagos. He said the defendants who were supposed to deliver furniture to the store, diverted the truckload of the furniture worth about N40m to their personal use and tried to sell them illegally. He said that the defendants stole 149 leather chairs valued at N80,000 each, 45 leather chairs valued at N100,000 each...
