Car dealer arrested for buying stolen car
A popular car dealer in Kaduna, believed to be the owner of Urgent Motors, has been arrested by the Mabushi Police Division for buying a Toyota Camry 2015 model car valued at N11million.
Police said the car was suspected to have been stolen from Kojo Motors Mabushi.
A Mabushi police source told our reporter that on Monday evening, Kojo Motors Ltd, Mabushi Abuja, reported that one Adetayo Adeniran, now at large, went to their company on the pretense of buying a Toyota Camry 2015 model valued at N11million.
The source said after negotiating the price, the suspect fraudulently paid in a cheque of N11 million to Stanbic IBTC bank in respect of the transaction to convince Kojo Motors to release the car.
Kojo Motors Lagos branch received an alert that the cheque has been cleared and told Kojo Motors Abuja to release the car.
Our reporter gathered that after collecting the car from the company, the transaction failed as the cheque returned uncleared and the Abuja account of Kojo Motors was not credited with the said amount as they later discovered that the account for which the cheque was issued was redundant.
“Mr. Adetayo Adeniran, who is now on the run, immediately took the car to Tofa Motors Kubwa for N6.7 million but they told him that they don’t have money to buy the car.
“He then contacted Urgent Motors whose office is in Kaduna to buy the car. Looking at how cheap the car was being sold, they paid the money and picked up the car to Kaduna,” the police source explained.
City News learnt that the police used the tracking system to trace the car to Kaduna, where it was recovered and the dealer of Urgent Motors arrested.
The police said Urgent Motors should have known that the car was stolen since it was being sold that cheap, adding that the dealer would be held until the man who sold the car to him shows up.
When the Mabushi Divisional Police Officer, Chief Superintendent Ayobami Surajudeen was contacted, he confirmed the arrest and stated that the case has been transferred to the FCT Criminal Investigation Department.
Funseekers at Magic Land Park in Abuja at the weekend.