Thursday, November 12, 2026 - The Police Special Fraud Unit, PSFU, Lagos, has uncovered a counterfeit footwear factory in Sagamu, Ogun, and detained five suspects, including two Chinese nationals, over their alleged involvement in the operation run by Meibalun International Nigeria Ltd.
The PSFU spokesperson, DSP Ovie Ewhubare, disclosed this in
a statement in Lagos on Wednesday.
Ewhubare said that the discovery followed an investigation
into the company’s activities.
“The company presented itself as a manufacturer of
Nigerian-made footwear but was allegedly producing and marketing shoes bearing
the names and trademarks of international brands without authorisation from
their respective owners.
“The affected brands include Gucci, Nike, Timberland, Louis
Vuitton and Adidas, among others," he said.
According to him, further investigation by the unit’s Stock
Capital Market Fraud Section uncovered questionable financial transactions
linked to the company’s operations.
He said payments made by customers were allegedly diverted
into private bank accounts instead of the company’s designated corporate
account.
The spokesperson said the discovery prompted investigators
to trace the ownership, movement and utilisation of the proceeds of the alleged
criminal activities.
The spokesperson added that the suspects admitted during
interrogation that using imitation foreign brand names generated higher sales
and patronage than marketing the products under Nigerian-made branding.
Ewhubare said the Commissioner of Police, Mr Eloho
Okpoziakpo, reaffirmed that the unit’s mandate to combat financial crimes
extended beyond conventional banking and investment fraud.
Okpoziakpo said the unit would also tackle offences
undermining the business environment, economic stability and intellectual
property rights beyond conventional financial crimes.
“The CP also assured members of the public that the
investigation would be conducted professionally and in accordance with due
process, ” the spokesperson said.
According to Ewhubare, all persons found culpable will be
brought to justice.

0 Comments