A 37-year-old security guard of a telco company based in Ogba, Ikeja, has been arrested by men of Rapid Response Squad (RRS) for stealing and selling the firm’s electricity cable worth N632,000 to a scrap metal buyer for N30,000.
The security guard, Adebayo Afeez, was arrested in the company’s (name withheld) premises after the buyer of the cable, Musbau Amodu, 32, led the operatives to the seller.
The operatives patrolling Ogba around 4:00 a.m. on Sunday arrested Amodu with the wrapped cable for failing to satisfactorily explain how he got a 4mm armored cable measuring 100 meters and another, a 10mm cable of about 20 metres.
Preliminary investigations revealed that Adebayo stole the cables from the company’s store before selling them to Amodu around 4:00 a.m. for N30,000 on Sunday. The cable according to the company’s source is worth N632,000.
Investigations further revealed that they have been transacting since Adebayo was deployed to the Ogba-based company as a guard from his employing security firm.
The suspects have been charged to court.