The Managing Director of ALLDAVIES Engineering Shipping Limited, Ayo Ajiseghede, 67, has been arrested and arraigned before a Lagos Magistrate’s Court for allegedly conniving with others still at large, to steal a fishing Vessel MT/ FILIKOS I valued at $850,000 belonging to Nighellas Fishing Company Limited.
The accused was arrested by the Police at the Zone Command, Onikan, Lagos, and charged before the Igbosere Chief Magistrate’s Court, Lagos on a two count charge of felony to wit. Stealing.
Police Counsel, Inspector Ingobo Emby told the court in charged No B/2Q/2020 that the accused, the Managing Director of ALLDAVIES Engineering Shipping Limited connived with others to steal a Fishing Vessel valued $850,000 belonging NIGHELLAS Fishing Company Limited.
Ingobo informed the Court that the accused leased the Fishing Vessel from the complainant from 2009 till 2019 with the agreement to be paying the sum of $20,000 to the complainant every month, but that since the accused leased the Vessel, he failed to pay the agreed sum and also failed to return the Vessel to the owner.
He said that the complainant decided to report the matter to the Police when all his efforts to retrieve the money and the Vessel from the accused proved futile.
Ingobo said the offences, the accused committed were punishable under sections 411 and 287 of the Criminal Laws of Lagos State, 2015.
The accused, however, pleaded not guilty to the offence in the open court, and the presiding Magistrate, Folashade Botoku granted him bail in the sum of N20m with one surety in like sum.
The case was adjourned till 6 July, 2020 for mention and ordered that the defendant be kept at the Zone 2 Police Command, Lagos due to the COVID-19 pandemic till he perfected the bail conditions.