A textile trader in Gbagi Market, Ibadan, Oyo State has been arrested by the Police for allegedly sending thugs to beat up a fellow trader who was 3 months pregnant over the interest on a N2 million loan.
The victim, Kudirat Oduola had reportedly gone to the suspect, Oriekun to assist her with money to restock her textile materials.
According to Asimolowo, Oduola’s brother, Oriekun gave her N2 million which she paid back 5 months after it was borrowed.
Oriekun then insisted that she would collect N400,000 as interest for 5 months.
He said, “It is a common practice among traders at Gbagi Market to assist one another with money to buy goods. No interest is usually charged. This was what happened between my sister and Oriekun.
“Oriekun assisted my sister with the sum of N2m, which was refunded after five months. She, however, insisted that she would collect interest on the money for another five months. She said she would collect N400,000 per month. She also threatened the deceased to consider herself a walking corpse if she refused to pay the interest.”
Asimolowo revealed that his sister later agreed to pay the interest when she could no longer take Oriekun’s harassment.
“She actually paid some of the interest, but when she could no longer continue, she told Oriekun that she was tired of paying because she could no longer afford it,” he added.
Asimolowo said on May 19, 2016, some thugs were allegedly sent by Oriekun to beat the deceased up for failing to meet up with the payment of the money.
He said, “The thugs beat her up and left her when she collapsed. She lost her pregnancy as a result of the attack and she was rushed to the hospital.
“She was taken to a private hospital at Olodo area, and later transferred to the Police Hospital at Eleyele. From there, she was transferred to the University College Hospital where she died on July 9, 2016.”
Oriekun has been arrested by the Oyo state Police command.
The Police Public Relations Officer, Adekunle Ajisebutu, confirmed the incident, adding that investigation was ongoing.