{UAH} Africa's Richest Man Loses 3.5 Million Tyres To Thieving Employees

Africa's Richest Man Loses 3.5 Million Tyres To Thieving Employees

Mfonobong Nsehe ,  

 CONTRIBUTOR

I chronicle Africa's success stories and track its richest people  

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Dangote Group, the conglomerate owned by Africa's richest man, Aliko Dangote, has announced that more than 3.5 million of its customized company tyres have been stolen by rogue employees.

This was revealed by the Coordinator of Dangote Group's National Patrol Unit, CP Abdullahi Magagi (retd) during a press conference in Lokoja on Sunday. The stolen tyres could be worth more than $100 million.

Magagi, who warned Nigerians against buying the stolen tyres, announced that more than 285 Dangote employees who are believed to have been involved in the theft are currently facing trial across the country, while 85 vulcanisers were on the run over the issue.

Aliko Dangote

"Whoever is in possession of our tyres are advised in their interest to return them quietly to the nearest police station or we will get them arrested and prosecute them," Magagi urged.

"Dangote Group of Companies has gone tough on those buying the company's tyres. 285 commercial drivers and Dangote drivers are now languishing in jail for stealing tyres. About 85 vulcanisers are already on the wanted list and in Kogi State alone we are trailing 32 vulcanisers, who have been buying the tyres from our drivers," Magagi said.

Magagi told journalists that the kingpin of the syndicate who often bought the stolen tyres had been identified and that the suspect is about to be apprehended and prosecuted.

Magagi also disclosed that the Dangote Group has concluded plans to establish a tyre manufacturing company in the country, and it would likely begin construction on the facility later this year.

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Gwokto La'Kitgum

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