Connect with us

Hi, what are you looking for?

Top Stories

Kidnappers Of Mohamed Fouani Demand $1.5 Million Ransom

Mohamed Fouani

Armed assailants on Friday seized Mohamed Fouani of electronic distributor Fouani Group, as well as at least two others, during a deadly ambush in Ikoyi, Lagos, according to sources familiar with the development.

Police spokesman Benjamin Hundeyin told Peoples Gazette he was not yet briefed on the attack Saturday afternoon but maintained an investigation had already commenced to unravel the situation. Multiple sources with information said it occurred near Falomo Bridge.

Fouani Group, run by Mohamed Fouani and other prominent Lebanese businesspeople, is the major distributor of LG and Hisense products in Nigeria. The company itself has yet to issue a statement on the incident.

Sources said the abductors had contacted people near the victims for a ransom of $1.5 million. The Gazette was unable to independently authenticate this demand or whether or not it came from the abductors.

A Lagos police source said the incident would likely unnerve the command, which had hitherto boasted of its capacity to keep kidnap-for-ransom activities low across the state even as they spread in other parts of the country.

Most expatriates and diplomats in Nigeria are based in Lagos, especially in the highbrow Ikoyi neighbourhood, where security had long been assumed to be above frequent breaches by motivated assailants.

Credit: Peoples Gazette

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

News

Honourable Minister of State for Defence, H. E. Dr. Bello Mohammed Matawalle, MON, has urged for increased collaboration and funding for the Defence sector...

Tech

Nigerian Communications Commission (NCC) has granted approval to Mobile Network Operators (MNOs) to disconnect Unstructured Supplementary Service Data (USSD) codes assigned to financial institutions...

Business

The naira continued its decline against the dollar at the official foreign exchange market on Monday, January 13. New data from FMDQ showed that...

Business

Nigeria’s inflation rate surged to 34.80 percent in December 2024 from 34.60 percent in November according to the latest Consumer Price Index and inflation...