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Monday, 10 October 2016

Police Parades kidnappers of CBN Gov’s Wife

Police parades kidnappers of CBN gov’s wife

Margaret Emefiele kidnappers

The police paraded the kidnappers, seven of them at a press conference and also unveiled the N15million naira cash ransom that they were paid to release Margaret after some hours.

Police parades kidnappers of CBN gov’s wife


The suspected kidnappers at the conference. Photo: Sahara Reporters
Emefiele kidnappers

Police parades kidnappers of CBN gov’s wife


The N15million cash ransom paid for Margaret Emefiele’s freedom.

Margaret was abducted by heavily armed gunmen late Thursday, September 29, 2016 alongside four other women and her driver but the identities of the women are still not known to the public.

Security sources said the kidnappers contacted Emefiele and vowed not to free his wife unless the ransom was paid.

Police officers and others at the press conference with the ransom on the table. Photo: Sahara Reporters
NAIJ.com recalls that the Nigerian Police had announced the arrest of two individuals in connection to the kidnapping of Margaret Emefiele.

Police parades kidnappers of CBN gov’s wife


Margaret Emiefiele has since been rescued from the kidnappers

The police had also announced that it had kicked off a manhunt for four other accomplices who have been declared wanted and also recovered the ransom money paid.

The men had claimed that Margaret was kidnapped by mistake. A member of the kidnap gang said the gang had no idea who their victim was.


The suspect, Musa Muhammad, and five others, who are Fulani and are currently being interrogated at the Edo state police command.

Meanwhile, The Central Bank of Nigeria (CBN) has said that amid the present recession, 50 customers presently owe banks N5.23trn.

Punch reports that CBN’s Financial System Stability report revealed this on Saturday, October 8 on the apex bank’s official website.

“The  total  exposure  to  the  top  50  obligors  stood  at N5.23tn  (33.4 per cent)  of  total  industry  credit exposure of N15.68tn,” the CBN said in the report.

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