Man, 42, Arraigned Over Alleged N12m Theft At Computer Village

Posted on October 23, 2026
CYRIACUS IZUEKWE
A 42-year-old man, Henry Muyiwa Adeosun, has been arraigned before an Ikeja Magistrate Court in Lagos State over alleged conspiracy and stealing of property valued at Twelve Million Naira.
The defendant was brought before Magistrate Mr. L.A. Owolabi on a two-count charge bordering on conspiracy to commit felony and stealing.
The charge, filed by the Commissioner of Police and marked Charge No. MK/2/45/21, alleged that the defendant and others now at large committed the offences between 2019 and 2025 at No. 17 Oremeji Street, Computer Village, Ikeja, within the Ikeja Magisterial District.
The prosecutor, SP Josephine  Ihkayere,
 told the court that the defendant and his alleged accomplices conspired to commit felony to wit stealing.
According to the prosecution, Count One alleged that the defendant conspired with others at large to commit felony, an offence contrary to and punishable under Section 411 of the Criminal Law of Lagos State, 2015.
Count Two alleged that the defendant and others at large stole the sum of Twelve Million Naira (N12,000,000.00), being property of one Philip Onoriode, an offence contrary to Section 280 and punishable under Section 287 of the Criminal Law of Lagos State, 2015.
The prosecutor informed the court that the alleged incident occurred over a period of years at the popular Computer Village in Ikeja, a major commercial hub for electronics and gadgets in Lagos.
She added that investigation is still ongoing and efforts are being made to apprehend other suspects who are currently at large.
When the charges were read to the defendant, he pleaded not guilty to all the counts.
Following his not guilty plea, defence counsel applied for bail on behalf of the defendant, urging the court to grant bail in liberal terms and assuring that the defendant would not jump bail and would make himself available for trial.
The prosecutor, SP Josephine, did not oppose his bail but requested that it should be granted with conditions that would ensure the defendant’s attendance in court.
In his ruling, Magistrate Mr. L.A. Owolabi granted the defendant bail with two responsible sureties who must show evidence of means of livelihood and evidence of tax payment to the Lagos State Government.
The Magistrate ordered that the sureties must reside within the jurisdiction of the court and their addresses must be verified by the court registrar.
He further ordered that the defendant be remanded in custody at the Correctional Center pending the perfection of his bail conditions.
The case was adjourned to a later date for mention, while Police continue investigation into the whereabouts of the other suspects allegedly connected to the matter.
It is important to note that the defendant is presumed innocent until proven guilty by a court of competent jurisdiction.

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