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Ondo State Police Nab Seven Suspects in N20.45 Million Theft from Ore Commercial Outlet
The Ondo State Police Command has successfully apprehended seven individuals implicated in a large-scale theft and conspiracy case involving merchandise valued at approximately ₦20.45 million. The stolen goods were taken from a commercial establishment located in Ore, within the Odigbo Local Government Area.
Details of the Incident and Investigation
According to a statement released by DSP Abayomi Jimoh, the police spokesperson, the case was brought to light on January 3, 2026, when Ogunyomi Segun, a resident of Ore, filed a complaint at the Ore Divisional Police Headquarters. He reported that over a period spanning from 2024 to early 2026, several employees at his store colluded to embezzle various products.
The stolen items included a range of beverages such as soft drinks and Trophy canned drinks, among other canned products. The total value of the pilfered goods was estimated at Twenty Million, Four Hundred and Fifty Thousand Naira (₦20,450,000).
Suspects and Their Roles
The suspects identified in the case include the storekeeper, Oyineke Joseph; the computer operator, Abioye Yusuf; and another staff member, Abdullahi Quadir. Additionally, three individuals who received the stolen goods-Michael Njoku, Agu Monday, and Ikuemehin Oloruntimilehin-along with a driver named Ojewuyi, were also taken into custody.
Confession and Next Steps
During the police inquiry, all suspects admitted their involvement and provided detailed accounts of their specific roles in orchestrating and executing the theft. The police have confirmed that the investigation is ongoing, and the accused will be formally charged in court once the process is complete.
Context and Broader Implications
This case highlights the growing concern over internal theft within retail businesses in Nigeria. According to recent data from the Nigerian Bureau of Statistics, inventory shrinkage due to employee theft accounts for a significant portion of losses in the retail sector, emphasizing the need for enhanced security measures and employee vetting processes.
Similar incidents have been reported in other states, such as Lagos and Rivers, where coordinated theft rings have targeted commercial outlets, resulting in multi-million naira losses. These developments underscore the importance of community vigilance and robust law enforcement collaboration to curb such criminal activities.
