10 individuals have been captured by the Oyo State Police Command for working an unlawful Microfinance Bank called STAAGMART Nigeria Limited arranged at D69 Oyingbo, Lagos state and recouped a whole of N961,375
This was made known to Newsmen by the state’s magistrate of police, Mr. Shina Olukolu while marching these suspects at the direction’s central station in Ibadan.
Olukolu said that the direction got data from the general population on July 30 that some criminals suspected to be furnished burglars stopped at S.L inn at Boluwaji region in Ibadan.
He said that his officials driven by ASP Muhammed Jamiu swung enthusiastically and secured the suspects.
Olukolu clarified that one of the suspects, who professed to be the Chief Executive Officer of bank, said the bank was arranged in Lagos State however works at Lokoja, Kogi state capital.
“The organization is a money related foundation and is into giving delicate advance to their clients.
“The clients are to contribute the total of N30,000 or more to be qualified for 10 percent of the complete cash contributed inside 5 days.
“The suspects in the wake of accepting gigantic unaccounted measure of cash from their clients in Lokoja, chose to slip away with the cash to Ibadan and Lodge at S.L inn, Boluwaji region, Ibadan, before they were captured,” Olukolu said.
The chief of police said that the display possessing the suspects are a total of N961,375, Staagmart Nigeria Ltd., records, declaration of consolidation and a criminal charms.
He said that every one of the suspects have admitted to have submitted the offense and would be charge to court when examination is finished.
One of the suspects, in a meeting, told newsmen that they slipped off from Lokoja when their clients needed to assault them since they were not able keep to their guarantee.