The Police in Lagos have given an insight into how the wife of late business mogul, Chief M K.O. Abiola, Adebisi lost a whopping sum of over N603m to armed robbers in her Ikeja home recently.

The report follows the arraignment of four suspects allegedly involved allegedly involved in the robbery operation which took place in Mrs. Adebisi’s home located at M.K.O Abiola Crescent off Toyin Street, Ikeja, Lagos.

The victim, Mrs. Adebisi Abiola, apart from losing money in different currencies worth millions of Naira, the police alleged that she also lost all her life saving diamond, gold and other jewelries including cash totaling over N603m.

Four suspects namely Otuya Chide Joseph, 34, Babatunde Rasaq, 34, Noah Oludepo, 63 and Adewusi Olawale, have been arrested and charged before the Ogba Magistrates Court for conspiracy and armed robbery.

The defendants and others said to be at large reportedly conspired and used dangerous weapons such as gun, machetes, knives among others, then invaded the residence on 2nd September, 2020, robbed the said items at gun point and escaped with the loot.

The matter was reported to the Police at the State Anti-Robbery Squad. The operatives moved into action, arrested the suspects and detained them at the Command for interrogation.
 After interrogation, the Police found them culpable and subsequently charged them before the Court over the alleged offence.
However, their plea was not taken after the prosecutor, Barrister J.I. Eboseremen, asked the Court to refer the matter to the DPP for advice because the offence involved the force of arms.
The Presiding Magistrate, Mr. J. A. Adegun, ordered their remand in Correctional Centre and directed the prosecutor to duplicate the file and send to DPP for advice.
They were remanded in custody pending the outcome of the DPP’s advice, which will determine if the matter will be transferred to the High Court or not.


Two children of the late MKO Abiola, Kassim and Aliyu, have spent nine days in the detention facility of the police Special Anti-Robbery Squad in Lagos over allegation of robbery.

Kassim and Aliyu were arrested in their father’s house at 42-46 MKO Abiola Crescent, Off Toyin Street, Ikeja, on September 2, following a robbery at the house in the wee hours of the same day.

The Abiola’s children have, however, sued the Commissioner of Police, demanding N100m in damages.

In the suit filed on their behalf by Chief Mike Ozekhome (SAN), before the Lagos State High Court in Ikeja, Kassim and Aliyu alleged that their arrest and detention were at the instance of their stepmother, Mrs Adebisi Abiola, who allegedly suspected them to have had a hand in the robbery attack.

In an affidavit filed in support of the suit, a litigation clerk in Ozekhome’s law firm, Ubong Ikon, said Kassim and Aliyu were picked up at their father’s house at about 11.45am on September 2 by fully armed SARS operatives, who forced their way into their apartments without any warrant of arrest.

Ikon said, “The applicants were tortured, totally humiliated, dehumanised and terrorised, with a crowd of people swarming the premises to witness the ugly scene in the home of MKO Abiola, former presidential aspirant of the Social Democratic Party.

“The applicants were informed that their arrest was based on an alleged complaint by one Mrs Adebisi Abiola, their stepmother, to the effect that a robbery incident took place in their home; that suspected armed men invaded the residence and carted away valuables, including money.

“The applicants were forcibly dragged like common criminals, more in form of abduction than arrest and roughly driven to the Ikeja police station.

“They were promptly detained without any record, howsoever. They were not given any opportunity to speak with anyone, let alone a lawyer.” Punch