Speaking to Punch Newspapers, police sources said:
“The affected company is into exhibition of products. They were in partnership with a hotel on the Lagos Island where the electronics products were displayed. The electronics were usually kept in a store, which was constructed by the suspect. So, he knew his way round the store.
“On August 6, after he had been sacked by the firm, he sneaked into the store and loaded 28 LG Plasma TV sets inside a truck and drove away with them.
“By Monday, the company discovered that the television sets were gone and a complaint was lodged at the Victoria Island Police Station.
“We mobilised and swooped on him. We discovered that he turned his house into an electronic shop and was selling the television sets, claiming that he was a TV manufacturer’s agent.
“He had already sold six for N50,000 each. The market value for each of the TV sets is between N130,000 and N200,000. We recovered the rest from him.”
Confirming the incident, Lagos State Police Command PRO, , said in a statement:
“The suspect, Adebowale, was nabbed after the Victoria Island Police Division received a complaint from Atlantic Exhibition Nigeria Limited that 28 TV sets were carted away by unknown person(s).
“Upon receipt of the report, the Divisional Police Officer, CSP Segun Ajamolaya, and his team trailed and arrested him from his hideout in Ibafo. The exhibits were recovered from him while effort is on to recover the ones already sold by the suspect. He was charged to court today (Monday).”