The Lagos State Police Command has arrested one of the principal suspects linked to the alleged theft of Premium Motor Spirit (PMS) valued at N1.02 billion and recovered assets worth over N300 million connected to the crime.
Commissioner of Police, Fatai Tijani, disclosed this on Tuesday while briefing journalists at the command headquarters in Ikeja.
According to him, the arrest followed a petition by MEA Energy over alleged conspiracy and theft involving petroleum products worth over N1 billion.
Tijani said police operatives launched an intensive investigation backed by intelligence gathering and surveillance operations.
“After 12 days of intensive tracking and follow-up operations, one of the principal suspects was apprehended in Delta State, where he had fled in an attempt to evade justice,” he said.
The police boss added that the suspect confessed during interrogation and later led investigators to the recovery of cash and properties valued at over N300 million, believed to be proceeds from the illegal diversion of petroleum products.
He said efforts were ongoing to arrest another suspect still at large, adding that the arrested suspect would be charged to court after investigations are concluded.
