N150m Products Disappear At Pharmaceutical Company

Posted on November 12, 2016
CYRIACUS IZUEKWE
the-suspects-being-taken-to-sciid-panti-on-friday
 Police detectives in Lagos, Nigeria, have commenced an investigation to unravel the circumstances that led to the disappearance of finished products worth over N150m belonging to Green Life Pharmaceutical company warehouse  in Isolo, Lagos.
Five company workers have been arrested and detained at Aswani police division where they are explaining how the products disappeared without any burglary incident.
Sources at the company gave the names of the arrested workers as Nsemeke Samuel, Cyril Ejim, Adeoye Segun, Christopher Fregene and Enyinna Daniel.
P.M.EXPRESS gathered that the theft was discovered after the management embarked on internal auditing of the company’s products.
Our correspondent learnt that the police suspect conspiracy among the company workers to have successfully carried out the act.
Police sources said the products could not have vanished without the knowledge of some senior staff and security guards in the company.
When our correspondent visited Aswani police division in Isolo where the suspects were detained, the Divisional Police Officer, DPO, was not around to comment on the incident.
However, the suspects were seen entering a police vehicle on their way to SCIID, Panti, Yaba.
On inquiry, the source said the matter has been transferred to SCIID for further investigation following the directive of the Lagos State Commissioner of Police, Mr Fatai Owoseni.
When our correspondent visited the company, one of the staff confirmed the incident and expressed surprise about how it happened.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

FrieslandCampina WAMCO Nigeria Plc, Nigeria’s leading dairy company and makers of Peak, Three Crowns,... Continue
The national leadership of the Youth Party has disowned a suit filed against the... Continue
AFOLABI SAHEED OLAWALE ‎ ‎The Executive Chairman of Edo State Sports Commission Hon Amadin... Continue
An aspirant of the All Progressives Congress (APC) for the Ile-Oluji/Oke-Igbo/Odigbo Federal Constituency seat... Continue
CYRIACUS IZUEKWE The Assistant Inspector-General of Police in charge of the Force Criminal Investigation... Continue
MICHAEL AKINOLA Three men have been arrested and charged before the Ogba Magistrate Court... Continue
Senator Solomon Adeola Yayi, the consensus candidate of the All Progressives Congress (APC), has... Continue
BY TONY MONYE In point of fact, Lagos State is beyond a State. And,... Continue
ILESANMI OLUKEMI MOTUNRAYO The Lagos division of Appeal Court has quashed the conviction and... Continue
CYRIACUS IZUEKWE The Assistant Inspector-General of Police in charge of the Force Criminal Investigation... Continue

UBA


Access Bank

Twitter

Sponsored