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New reports have revealed that 26-year-old man newly employed as a driver reportedly made away with his employer's SUV 2 weeks following his employment.

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The suspect identified as Ongro Stephen Ishade, has now been arrested for the theft of his employer’s Toyota Sienna SUV which has been valued at N5m.

The news reports reveal that Ishade had driven the vehicle to Kwara State, in a bid to find a buyer far away from Lagos.

PM News reports that the incident had occurred on 18 January, 2016 at Probyn Road, French Colony, Agungi, Lekki, Lagos after Ishade had been sent on and errand by his employer identified as Sholape Akinola.

Ishade is reported to have been arrested by the police in Kwara State while he had been driving around trying to secure a buyer.

Police reports reveal that the suspect hails from Cross River State and had confessed to the crime, saying he had planned to use the proceeds to build a house in the village for his parents who are homeless at the moment.

Following his confession, the Kwara State police had reported the arrest to the Lagos State police, which led to the dispatch of a team to the scene by the Divisional Police Officer in charge of Ilasan Division Lekki, Lagos, SP Onyinye Onwuamegbu.

A police sergeant, Orukotan Lonikola, had been placed in charge of the team sent to Kwara State to retrieve the suspect and the stolen SUV back to Lagos.

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Ishade was granted bail in the sum of N200,000 with two sureties in like sum.

The case has been adjourned till February 15, 2016 for mention while the defendant has been taken to the Ikoyi Prison, Lagos, pending the perfect of his bail conditions.

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