Saturday, May 3, 2025

How family of abducted Bank of Agric boss paid N100m ransom for his release

Must read

Ibrahim Ramalan
Ibrahim Ramalan
Ibrahim Ramalan is a graduate of Mass Communications from the Ahmadu Bello University (ABU) Zaria. With nearly a decade-long, active journalism practice, Mr Ramalan has been able to rise from a cub reporter to the exalted position of an editor; first as Arts Editor with the Blueprint Newspapers before resigning in 2019; second and presently as an Associate Editor of the Daily Nigerian online newspaper. He can be reached via ibroramalan@gmail.com, or www.facebook.com/ibrahim.ramalana, or @McRamalan on Twitter.
- Advertisement -
tiamin rice
tiamin rice

The family of the abducted managing director of Bank of Agriculture, Alwan Hassan, has allegedly paid a huge sum of N100m to secure his release, close family sources told DAILY NIGERIAN.

Mr Hassan was released on Wednesday after spending about 10 days in captivity, following his abduction alongside hundreds of passengers of Abuja-Kaduna train on March 28.

Although the terrorists had claimed that no ransom was paid in a short video taken with the mobile phone of the managing director, family sources said N100million was paid before they released him.

tiamin rice
whatsApp

According to the source, the kidnappers earlier sent the family the video of the harrowing experience the captives were facing, including Mr Hassan, in order to raise the ransom stake.

READ ALSO:   Police foil terrorists attack in Katsina, rescue 3 kidnap victims

“A few days earlier, they sent the video of their harrowing condition in order to raise their stake. Alwan was always saying ‘give them whatever amount they want’. So the family gave them what they insisted on… that is N100million,” said one of the family sources.

According to the source, the kidnappers first asked the family to take the money to a forest in Katsina on Tuesday before asking them to make a detour to another forest in Kaduna.

The source added that after the family emissaries journeyed for hours in the bush, the gunmen appeared fully armed in their hundreds and collected the money.

READ ALSO:   Nigerian troops take over scene of Abuja-Kaduna train attack -- Kaduna govt
- Advertisement -

More articles

12 COMMENTS

Comments are closed.

- Advertisement -

Latest article

- Advertisement -