Six men have been arrested by officers of the Ondo State Police Command in Ibadan in lieu of fraudulent activities carried out in Ondo town.
DSP Abayomi Jimoh, the spokesperson of the Ondo State Police Command stated in an official statement that credible intelligence led to the arrest of the suspects.
The statement listed the suspects to include Adeola Kolawole (56), Alhaji Gani Bello (73), Oladoja Akeem (56), Wasiu Adigun (55), Azeez Yusuf (49) and Ojo Mudasiru (40).
“The Ondo State Police Command has recorded a significant breakthrough with the arrest of six suspects in connection with the alleged fraudulent sale and illegal transfer of three heavy-duty vehicles valued at over N71 million.
“The case was reported to the police on May 22, 2026, by one Mr Paul Aderemi of Ayegunle Street, Ondo. Preliminary investigation revealed that in May 2025, the complainant purchased a low-loader truck, a tipper truck, and a small truck valued at approximately N71 million, which he entrusted to the custody of the principal suspect, Adeola Kolawole, at Arigbabola Street, Ondo, under an agreed arrangement.
“The complainant, however, discovered on 13th May, 2026, that the vehicles had allegedly been sold without his authorisation. Disturbed by the development, he promptly reported the matter to the Police. Upon receipt of the complaint, detectives immediately commenced a comprehensive investigation.”
The command, acting upon credible intelligence, explained that one of the suspects, Adeola Kolawole, was arrested and had been making useful statements during interrogation, allegedly admitting to selling the vehicles to one Alhaji Gani Bello in Ibadan
“His confession provided vital leads that enabled investigators to track down and arrest other suspects believed to have played various roles in the unlawful transaction.
“The command is currently intensifying efforts to recover the three vehicles and unravel the full extent of the criminal conspiracy. All six suspects have reportedly made confessional statements detailing their respective involvement in the offence. They will be charged in court upon the conclusion of investigations.”