Tuesday, November 24, 2020
Home News Society News Police Rescue Man From Jumping Into Lagos Lagoon Over N500,000 Debt

Police Rescue Man From Jumping Into Lagos Lagoon Over N500,000 Debt

Police rescue a 45-year-old man, Adeyinka Abiodun who attempted to commit suicide over a N500,000 debt he owed a microfinance bank in Lagos.

The Lagos police spokesperson, Bala Elkana confirm this in a statement on Sunday.

He said a officer intercept the man while attempting to jump into the Third Mainland lagoon on Friday.

According to the police, the man collected a N390,000 loan from a microfinance bank in March.

The loan exceeded N500,000 with accrued interests and Abiodun was unable to pay back.

While attempting to jump into the lagoon around 1:35 p.m. on Friday, police deployed to Third Mainland Bridge intercepted him .

The officers took him to Bariga Police Station for questioning and debriefing.

Police statement said:

He stated that, in March 2020 he procured a loan of N390,000 with monthly repayment plan for six months

With an accrued interest of #142,287:25 from a microfinance bank in Lagos Island.

Abiodun collected the loan with intent to upgrade his wine retail business, but the business failed and the money lost.

He holds a Bachelor of Science degree in Physics and a Masters Degree in Business Administration.

Abiodun is with a wife and two children, and is currently attending medical and counselling sessions.

The microfinance bank was contacted and they confirmed the loan

The Lagos governor Babajide Sanwo-Olu, moved with compassion after hearing the story Paid the loan.


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