Kidnappers In FCT Begin Collection Of Ransom Through Banks

Kidnappers operating in the Federal Capital Territory (FCT) are becoming more daring by the day as they have started collecting ransom from their victims via bank accounts contrary to their usual style of receiving cash, Daily Trust reports.

Last week alone, Daily Trust reported two kidnap operations by armed men on Tungan Maje community in the outskirts of the city. The marauders returned to the community, on Wednesday, after they had abducted 6 persons from the area a day earlier.

Other FCT suburbs such as Kuje, Bwari, and Abaji have experienced staggering spikes in incidences in the last few months.

While such kidnappers usually release their victims after collecting cash payments, a new trend suggests that they are devising new means of getting the ransom.

In April, a former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, alleged that terrorists and kidnappers had started making ransom demands in cryptocurrencies.

Though he was not specific about which particular groups of criminals resort to such a method, the ex-central banker said the new trend called for more regulation and governments’ attention on the cryptocurrency market around the world.

Some Nigerians have complained of how banks make it difficult to retrieve information about criminals who defraud unsuspecting members of the public using bank accounts.

Hamisu Ibrahim, an Abuja resident, recalled how ‘bureaucracies’ in the bank made him lose money to a criminal group after he was made to make payment.

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