The Police Special Fraud Unit (PSFU) for Lagos don uncover one factory wey dey produce fake footwear for Sagamu, Ogun State. The factory dey operated by Meibalun International Nigeria Ltd, and five suspects, including two Chinese nationals, dey detained over their alleged involvement.
PSFU spokesperson DSP Ovie Ewhubare confirm am for statement on Wednesday, November 11, 2026. E say dem find the place after investigation into the company activities.
Ewhubare tok say the company present itself as manufacturer of Nigerian-made footwear, but allegedly dey produce and market shoes wey carry names and trademarks of international brands without authorisation from the owners. Brands wey affected include Gucci, Nike, Timberland, Louis Vuitton and Adidas, among others.
Investigation by the unit Stock Capital Market Fraud Section also uncover questionable financial transactions linked to the company operations. Ewhubare say payments from customers allegedly dey diverted into private bank accounts instead of the company designated corporate account.
According to am, the discovery make investigators trace ownership, movement and how dem use the money wey allegedly come from the criminal activities. During interrogation, the suspects admit say using imitated foreign brand names bring higher sales and patronage pass marketing products under Nigerian-made branding.
Commissioner of Police Eloho Okpoziakpo reaffirm say the unit mandate to fight financial crimes go beyond normal banking and investment fraud. E say the unit go also tackle offences wey dey undermine business environment, economic stability and intellectual property rights. Okpoziakpo assure say investigation go dey professional and follow due process, and all persons wey dem find culpable go face justice.
