Detectives from the Serious Crime Unit have arrested a company director accused of fraudulently transferring ownership of vehicles belonging to his own firm, in a case that has raised concerns over corporate governance and document fraud.
According to a statement issued by the Directorate of Criminal Investigations (DCI), Boris Owiye Agonga was apprehended in connection with the fraudulent transfer of vehicles owned by Digitalent Systems Limited.
Investigators allege that Agonga orchestrated the illegal transfer using forged documents to change ownership records.
Authorities say the suspect allegedly transferred two vehicles — a Land Rover Discovery and a Nissan Sylphy — into his name without the company’s authorization.
Detectives described the scheme as deliberate and supported by falsified paperwork intended to deceive relevant registration authorities.
The DCI confirmed that one of the vehicles, the Land Rover Discovery, has already been recovered through swift investigative efforts.
The vehicle is currently being held as an exhibit as investigations continue. Efforts to trace the second vehicle, a Nissan Sylphy, are ongoing.
Police stated that the arrest followed detailed forensic review of documentation and vehicle ownership records, which revealed inconsistencies that triggered the investigation.
Officers believe the fraudulent transfer may have been carried out over a calculated period to avoid detection.
Agonga remains in custody undergoing processing and is expected to be arraigned in court once investigations are finalized. Authorities have not disclosed the specific charges he will face but indicated they may include fraud, forgery, and unlawful transfer of property.
The DCI urged company directors and business owners to safeguard corporate assets and regularly verify ownership records to prevent similar incidents.