Car Lot

27.06.2022 Climate Lagos Car Dealer Was Given Cars to Sell. He Absconded With N7.3m

Published 27th Jun, 2022

By Emmanuel Uti

Bamidele Olaniran, a Lagos-based car dealer, has accused Oyebanji Femi, a fellow car dealer resident in Lagos, of absconding with his N7.3 million.

Olaniran told FIJ that he and his business partner gave Oyebanji two vehicles to sell in December 2021 because he has a shop where he sells cars at Oregun.

He stated that he told Oyebanji to sell the cars, take his commission, and remit the original cost of the vehicles, and they both agreed.

READ ALSO: After FIJ’s Story, Ogun Police Commissioner Orders Arrest of Fraudulent Car Dealer, Takes Over Case

“He received a Highlander 2013 model and a Corolla 2014 in December for N13.8 million. On March 4 and 11, he paid N4.5 million and N2 million. But he has disappeared since then,” Olaniran said.


Olaniran said Oyebanji has refused to pay the remaining N7.3 million to date and has also refused to communicate with him ever since.

READ ALSO: Thugs ‘Working for Lagos Gov’t’ Beat Car Dealer to a Coma Over Vehicle Tag

In his quest to collect his money, Olaniran said he contacted the Area C Police in Lagos but left the station when they requested N500,000 to intervene.

Receipt of Oyebanji's payment
Receipt of Oyebanji’s payment

“I later went to the Force Criminal Intelligence and Investigation Department (FCIID), where I paid for a petition and approval. They requested about N300,000,” he recalled.

“I paid one-third of what they requested, but up till now, they haven’t done their job. He still receives items in his shop, but you will never see him.”

FIJ contacted Oyebanji several times, but his line was switched off. He had also not responded to a text sent to him at press time.

Published 27th Jun, 2022

By Emmanuel Uti


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