Police investigate N50m ransom demand from Otedola

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Nigerian Tribune fp pix ACN shuns Jonathan’s Govt of National Unity •Says it doesn’t enhance democracy; bars party chiefs from paying ‘courtesy’ visits to ruling govs •Patriotic Nigerians should embrace GNU -PDP •EU charges president, govs on accountable govt Zoning: Jonathan summons Mark to Obudu •South-West bounces back to reckoning •South-East govs mobilise against OBJ Bin Laden: FG beefs up security at airports •As service chiefs meet in Abuja •Abuja residents panic over threat SMS •US refuses to release photos of Bin Laden’s burial FP pix Alaafin loses Obas’ council chairmanship •As Oyo House of Assembly amends law on rotation •Olubadan to be next chairman •No comment -Alaafin IMF predicts higher inflation for Nigeria, other African countries •We’re already implementing fiscal reforms -FG US may release photos of bin Laden’s burial Front page pix How US soldiers killed Bin Laden •He was shot in the head •Buried at sea •DNA confirms his death •6 of his children, 2 wives arrested •Courier led US to his hideout •Bush, other world leaders congratulate Obama •US raises security alert, Kenya too Nigerian Tribune Website, Nigerian Tribune Newspaper, Nigeria's Oldest Surviving Private Newspaper. Nigeria's Most Informative Newspaper http://tribune.com.ng/index.php/component/content/frontpage Thu, 05 May 2011 02:30:22 +0000 Joomla! 1.5 - Open Source Content Management en-gb http://tribune.com.ng/index.php/component/content/article/91-front-page-picture/21467-fp-pix http://tribune.com.ng/index.php/component/content/article/91-front-page-picture/21467-fp-pix ]]> [email protected] ( ) frontpage Wed, 04 May 2011 23:00:00 +0000 http://tribune.com.ng/index.php/front-page-news/21466-acn-shuns-jonathans-govt-of-national-unity-says-it-doesnt-enhance-democracy-bars-party-chiefs-from-paying-courtesy-visits-to-ruling-govs-patriotic-nigerians-should-embrace-gnu-pdp-eu-charges-president-govs-on-accountable-govt- http://tribune.com.ng/index.php/front-page-news/21466-acn-shuns-jonathans-govt-of-national-unity-says-it-doesnt-enhance-democracy-bars-party-chiefs-from-paying-courtesy-visits-to-ruling-govs-patriotic-nigerians-should-embrace-gnu-pdp-eu-charges-president-govs-on-accountable-govt- THE Action Congress of Nigeria (ACN) has said it is not interested in the proposed Government of National Unity (GNU) by the Peoples Democratic Party PDP-led Federal Government, ]]> [email protected] (Our Reporters) frontpage Wed, 04 May 2011 23:00:00 +0000 http://tribune.com.ng/index.php/front-page-news/21465-zoning-jonathan-summons-mark-to-obudu-south-west-bounces-back-to-reckoning-south-east-govs-mobilise-against-obj http://tribune.com.ng/index.php/front-page-news/21465-zoning-jonathan-summons-mark-to-obudu-south-west-bounces-back-to-reckoning-south-east-govs-mobilise-against-obj AS part of his ongoing consultations on the formation of the next administration in line with the federal character principle enshrined in the constitution, ]]> [email protected] (Taiwo Adisa, and Idowu Samuel, Abuja) frontpage Wed, 04 May 2011 23:00:00 +0000 http://tribune.com.ng/index.php/front-page-news/21464-bin-laden-fg-beefs-up-security-at-airports-as-service-chiefs-meet-in-abuja-abuja-residents-panic-over-threat-sms-us-refuses-to-release-photos-of-bin-ladens-burial http://tribune.com.ng/index.php/front-page-news/21464-bin-laden-fg-beefs-up-security-at-airports-as-service-chiefs-meet-in-abuja-abuja-residents-panic-over-threat-sms-us-refuses-to-release-photos-of-bin-ladens-burial FOLLOWING alleged threat to national security by some suspected hoodlums over the killing of the most wanted al-Qaeda leader, Osama bin Laden, ]]> [email protected] (Chris Agbambu, Shola Adekola, with Agency Report) frontpage Wed, 04 May 2011 23:00:00 +0000 http://tribune.com.ng/index.php/component/content/article/91-front-page-picture/21388-fp-pix http://tribune.com.ng/index.php/component/content/article/91-front-page-picture/21388-fp-pix ]]> [email protected] ( ) frontpage Tue, 03 May 2011 23:00:00 +0000 http://tribune.com.ng/index.php/front-page-news/21387-alaafin-loses-obas-council-chairmanship-as-oyo-house-of-assembly-amends-law-on-rotation-olubadan-to-be-next-chairman-no-comment-alaafin- http://tribune.com.ng/index.php/front-page-news/21387-alaafin-loses-obas-council-chairmanship-as-oyo-house-of-assembly-amends-law-on-rotation-olubadan-to-be-next-chairman-no-comment-alaafin- THE Oyo State House of Assembly, on Tuesday, reversed the status of the Alaafin of Oyo, Oba Lamidi Olayiwola Adeyemi III, ]]> [email protected] (Dapo Falade) frontpage Tue, 03 May 2011 23:00:00 +0000 http://tribune.com.ng/index.php/front-page-news/21386-imf-predicts-higher-inflation-for-nigeria-other-african-countries-were-already-implementing-fiscal-reforms-fg http://tribune.com.ng/index.php/front-page-news/21386-imf-predicts-higher-inflation-for-nigeria-other-african-countries-were-already-implementing-fiscal-reforms-fg THE International Monetary Fund (IMF) has predicted higher inflation for Nigeria and some African countries ]]> [email protected] (Odidison Omankhanlen, Lagos, with Agency Report ) frontpage Tue, 03 May 2011 23:00:00 +0000 http://tribune.com.ng/index.php/front-page-news/21385-us-may-release-photos-of-bin-ladens-burial http://tribune.com.ng/index.php/front-page-news/21385-us-may-release-photos-of-bin-ladens-burial THE US was pondering the release, on Tuesday, photos of Osama bin Laden's burial at sea, ]]> [email protected] ( ) frontpage Tue, 03 May 2011 23:00:00 +0000 http://tribune.com.ng/index.php/component/content/article/91-front-page-picture/21384-front-page-pix http://tribune.com.ng/index.php/component/content/article/91-front-page-picture/21384-front-page-pix ]]> [email protected] ( ) frontpage Tue, 03 May 2011 11:22:41 +0000 http://tribune.com.ng/index.php/front-page-news/21317-how-us-soldiers-killed-bin-laden-he-was-shot-in-the-head-buried-at-sea-dna-confirms-his-death-6-of-his-children-2-wives-arrested-courier-led-us-to-his-hideout-bush-other-world-leaders-congratulate-obama-us-raises-security-alert-kenya-too http://tribune.com.ng/index.php/front-page-news/21317-how-us-soldiers-killed-bin-laden-he-was-shot-in-the-head-buried-at-sea-dna-confirms-his-death-6-of-his-children-2-wives-arrested-courier-led-us-to-his-hideout-bush-other-world-leaders-congratulate-obama-us-raises-security-alert-kenya-too The al-Qaeda leader, Osama Bin Laden was found and killed at a fortified compound on the outskirts of Abbottabad in north-west Pakistan, the British Broadcasting Corporation (BBC) has reported

BY KINGSLEY OMONOBI

ABUJA-Police authorities in Abuja yesterday confirmed that they are investigating allegations of blackmail against billionaire businessman, Femi Otedola, by the managing director of a firm with dealings with the Nigeria Stock Exchange (Pro-Share Nig Ltd), Mr Femi Awoyemi.

Awoyemi allegedly threatened Otedola to pay a ransom of N50million or he would publish damaging documents against him.  

Consequently, the Police noted that Awoyemi, who had been invited severally, including through his lawyers, to state all he knew about the matter, had been on the run from both his house and his office, even as he directed his staff to delete all the text messages and computer documents relating to his threats from their phones and office computers.

A statement by Force Public Relations Officer, DCP Olusola Amore, said: “The Police commenced investigation into the case reported against Femi Awoyemi, MD of Pro-share, for allegedly demanding, with threat, for a ransom of N50million from Femi Otedola not to publish a particular article but the suspect went ahead with his threat and published the article.”

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Police investigate N50m ransom demand from Otedola