Kidnapped Ogun businessman regains freedom after N300m ransom payment
A popular businessman, Prince Bankole Adepegba, also known as “Ade Bendel,” who was abducted in IIara town in Imeko-Afon Local Government Area of Ogun State has regained his freedom after the payment of a ransom amounting to N300 million.
The gunmen stormed the community at about 11 pm on Wednesday, April 30, 2025, k!lled two persons before whisking Adepegba away to Benin Republic.
Sources told security analyst, Zagazola Makama that the abductors released him to his family overnight on Saturday, May 3, following the payment of 100 million CFA francs, equivalent to about N300 million.
Police sources said after his release, the victim was taken to BOHCON Hospital in the Republic of Benin for medical attention.
Further information revealed that his Toyota Corolla car remains at the Sabe Police Station in the Republic of Benin, where it was recovered during the incident.
