Three men suspected to be intellectual property pirates have been arrested at Alaba Market in Lagos.
The trio was arrested on Monday during an anti-piracy raid by the task force put together by the National Film and Video Censors Board (NFVCB).
According to a Premium Times report, pirated works from The Wedding Party, 30 Days in Atlanta, Jenifa’s Diary, A Trip to Jamaica, Wives on Strike as well as Fifty were recovered from the piracy suspects, Ndu Celestine, Okechukwu Ikuagwu and Austine Ugokwe.
The estimated worth of the seized films and the replicating machines have been put at over N50 million.
‘The activities of the pirates crumbled the distribution companies and the N500 million I had already collected from BoI; I could not pay back till date.
‘The Bank is now trying to take over all my property which I used as collateral. So, this is a big win for Nollywood,’ Gabriel Okoye, also known as Gabosky who led the raid said.
This post first appeared on TNS.
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