Abductors of Anambra billionaire businessman, Jezco, demand N1.5bn ransom

The abductors of the Chairman of Jezco Group, Chief Sir Joseph Ezeokafor, have reportedly increased their ransom demand to N1.5 billion, according to a report by Arise TV.
Ezeokafor, a septuagenarian businessman, was reportedly abducted in the early hours of Tuesday while on his way to a prayer ground for his annual spiritual rejuvenation.
A source close to the family, who spoke on condition of anonymity, told Arise TV that the kidnappers initially demanded N700 million for the businessman’s release. The family was reportedly prepared to negotiate the payment in a bid to secure his freedom.
However, the abductors were said to have subsequently raised their demand to N1.5 billion.
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