• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

      FG Reaffirms Non-Interference in ICPC, EFCC Operations

      ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

  • Fact-Check
  • Economy
    • NUPENG

      NUPENG Suspends Strike After Truce With FG, Labour, Oil Stakeholders

      Customs, Defence Bureau Unveil Airboat for Smuggling War

      Customs Begins Live Operations of Automated Excise Register System

      Still on the “National Single Window” Project By Abdulsalam Mahmud

      Minister of Finance Wale Edun and the Comptroller General of Customs Bashir Adeniyi decorating OP Olaniyan

      Customs Generates N3.7trn in H1 2025 as FG Targets Enhanced Private…

  • National
    • Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

      Global Winner Nafisa Visits Professor Isa Pantami

      Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Ahmed Balarabe Sa'id

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      The Minister of Education, Dr. Tunji Alausa

      FG to Schools: Get Certified Teachers or Lose WAEC Accreditation

    • Government
      • Bauchi Muslim Parliament

        Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts

        Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

        Global Winner Nafisa Visits Professor Isa Pantami

        Charlie Kirk

        Who Really Killed Charlie Kirk? By Femi Fani-Kayode

        Governor Kabir Abba Yusuf and the conjoined twins

        Kano Separated Conjoined Twins Return Home After Successful Surgery in S/Arabia

        Governor Abba Kabir Yusuf, Kano State

        Kano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children…

  • Security
    • airforce helicopter

      NAF Airstrikes Destroy Bandit Hideout in Chikun

      Nigerian Troops Eliminate Notorious Bandit Deputy Commander in Kogi

      Police Officer

      Police Arrest 56 Suspects in Coordinated Raids Across FCT

      Military Troops in Action

      Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

      court Judiciary

      Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other…

  • Features
    • Charlie Kirk

      Who Really Killed Charlie Kirk? By Femi Fani-Kayode

      Officers of NSCDC Mining Marshals

      Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri…

      Omoyele Sowore, Bayo Ononuga and Adeola Ajayi

      Sowore’s Provocation, Onanuga’s Plea and the DSS Overreach

      Ahmed Balarabe Sa'id

      Renewed Hope and the Broadening Public Sphere By Ahmed Balarabe Sa’id

      Traffic officials tolling the vehicle at the scene in Abuja

      SPECIAL REPORT: Extortion, Blood and Impunity Behind Abuja’s Agbero Menace

  • State
    • Bauchi Muslim Parliament

      Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts

      airforce helicopter

      NAF Airstrikes Destroy Bandit Hideout in Chikun

      Police Officer

      Police Arrest 56 Suspects in Coordinated Raids Across FCT

      Charlie Kirk

      Who Really Killed Charlie Kirk? By Femi Fani-Kayode

      Military Troops in Action

      Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

  • Event
    • Prof. Abubakar Mu’azu

      UNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of Communication

      NIPR President Ike Neliaku

      NIPR Inducts 422 New Members, Urges Commitment to National Unity

      Baze University Management visits TETFUND, Showcases Tech-Driven Growth, National Impact

      PHOTOS: BUK Alumni Association Launches Digital Hub to Unite Global Graduates,…

      Founder Image Merchant Promotion Ltd, Yushau Shuaib, Nigeria Customs CG, CGC Bashir Adewale Adeniyi and the IPRA representative during the 2024 GWA awards in Belgrade, Serbia

      Again, ​IPRA Shortlists Nigeria Customs, IMPR for Golden World Awards, Celebrates…

    • PR Nigeria Award
  • E-Paper
Home Security Bitcoin Kidnap Ransom: Police Nab Suspect in $15,000 Transaction
  • Security

Bitcoin Kidnap Ransom: Police Nab Suspect in $15,000 Transaction

By
Prnigeria
-
October 22, 2019

Saadu Abubakari Bitcoin Suspect at a scene of crime- PRNigeria
Saadu Abubakari Bitcoin Suspect at a scene of crime- PRNigeria

Bitcoin Kidnap Ransom: Police Nab Suspect in $15,000 Transaction
… Makes useful revelations
… Other suspects traced, tracked
… Sources allege insider connections to kidnap incidents

The Nigerian Police Force, Federal Capital Territory (FCT) Command has tracked down and arrested the main suspect in connection with the kidnap incident involving an exchange of bitcoins worth $15,000 ransom payment, which was the first of its kind.

This is coming as security sources have alleged growing insider connections to most kidnap incidents involving prominent victims especially those from the northern part of Nigeria.

A Peoples Democratic Party (PDP) Chieftain, Dr. Umar Ardo, was in September 2019 forced to pay $15,000 in bitcoins to get his daughter, Ms Aisha Umar, freed by kidnappers.

PRNigeria investigation reveals that the suspect, one Mr. Saadu Abubakari, who is currently in Police custody has made a useful confession that is helping to crack what is regarded as a new trend in the kidnapping cases.

The FCT Commissioner of Police, Bala Ciroma, gave a hint of Abubakari’s arrest at the weekend in his weekly update when he disclosed that the Anti-Kidnapping Squad had nabbed “13 members of kidnapping syndicate and other dangerous criminals”.

“Sequel to the ongoing investigation into a reported kidnap incident at Asokoro on 14th September 2019, Police detectives from the Command Anti-Kidnapping Squad have arrested one Saadu Abubakari ‘m’ 23 years in connection with the incident. The suspect was arrested around Apo after the phone number used for the criminal act was traced to him. The Command is making concerted effort to arrest other persons involved in the criminal act,” Ciroma Stated.

Read Also:

  • Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts
  • Global Winner Nafisa Visits Professor Isa Pantami
  • NAF Airstrikes Destroy Bandit Hideout in Chikun

The Police had after facilitating the payment of the ransom and release of the suspect engaged its intelligent operatives who swung into action, trailed the suspect (Abubakari) and finally tracked him down in Apo where he was arrested.

Police sources informed PRNigeria that Abubakari, who is a commercial motorcycle rider (Okada) admitted to owning the sim card which was registered in February 2018 but he sold it to another suspect (now at large) who bought it from him for N1000. Abubakari who hails from Kano said he was tricked by a certain female suspect who acted to have lost her way, contacts and desperate for a new sim card to make calls.

“Speaking to him in Hausa, the female suspect negotiated to buy his sim card for N1000 with which the kidnap for ransom deal was made,” Abubakari was said to have confessed.

Further findings also revealed that Abubakari who is illiterate and only speaks Hausa, claims to “have never stolen before, doesn’t know anything about bitcoin or understand how it works, doesn’t have a bank account or ATM card.”

Police said that while the crack team of Intelligence and Investigative officers are on the verge of unravelling the case which according to the sources “sets a precedence in the kidnapping cases because of the bitcoin”, yet there are challenges.

An intelligent officer noted that while the Police are monitoring the situation and so far more than $9000 has been withdrawn from the bitcoin but the sophistication of the technology involved has opened a new chapter challenging their investigative skills.

The officer, however, assured that they have found a way in overcoming the obstacles posed by tracking the bitcoins and would soon nab the culprits.

“We now know that we need a lot of tools, collaborations and more training. We have almost wrapped up this case but there are still gaps and challenges in tracking the bitcoins owing to not only the technical nature of the transactions but the technological tools needed to crack it,” the officer said.

Speaking further, the sources revealed that the investigation has so far disclosed a near certainty of insider connections and involvement in the kidnap incident, adding that Police have uncovered a growing trend of “insider information from family members, other relatives and domestic staff deeply involved in these kidnappings.”

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Bala Ciroma
  • Bitcoin Kidnap Ransom
  • police
  • Saadu Abubakari
  • Umar Ardo
Previous articleKEDCO, TCN Reconcile as FG Builds Code Line from Kaduna to Kano
Next articlePolice Confirm Conversion of kidnapped Kano Kids from Islam to Christianiaty in Onitsha
Prnigeria
Prnigeria
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Professor Isa Ali Ibrahim Pantami and Nafisa Abdullah Aminu

Global Winner Nafisa Visits Professor Isa Pantami

airforce helicopter

NAF Airstrikes Destroy Bandit Hideout in Chikun

Nigerian Troops Eliminate Notorious Bandit Deputy Commander in Kogi

Police Officer

Police Arrest 56 Suspects in Coordinated Raids Across FCT

Military Troops in Action

Military Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, Zamfara

court Judiciary

Court Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other Terrorists

Inspector-General of Police Kayode Adeolu Egbetokun

Police Chief Tasks Border Patrol Commanders on Enhanced Security

Air Marshal Hasan Abubakar NAF Chief

Air Chief Links Fiscal Discipline to Nigeria’s National Security, Operational Readiness

Army Arrest Notorious Cattle Rustlers, Recover Arms in Plateau

Troops Repel Bandits’ Attacks in Kaduna, Katsina, Recover Rustled Cattle

Officers of NSCDC Mining Marshals

Mining Marshals and the Fight for Nigeria’s Mineral Future By Zekeri Idakwo Laruba

Omoyele Sowore, Bayo Ononuga and Adeola Ajayi

Sowore’s Provocation, Onanuga’s Plea and the DSS Overreach

Recent Posts

  • Bauchi Muslim Parliament Backs Senator Buba’s Peace Efforts
  • Global Winner Nafisa Visits Professor Isa Pantami
  • NAF Airstrikes Destroy Bandit Hideout in Chikun
  • Nigerian Troops Eliminate Notorious Bandit Deputy Commander in Kogi
  • Police Arrest 56 Suspects in Coordinated Raids Across FCT
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Bauchi Muslim Parliament Backs Senator Buba's Peace EffortsGlobal Winner Nafisa Visits Professor Isa PantamiNAF Airstrikes Destroy Bandit Hideout in ChikunNigerian Troops Eliminate Notorious Bandit Deputy Commander in KogiPolice Arrest 56 Suspects in Coordinated Raids Across FCTWho Really Killed Charlie Kirk? By Femi Fani-KayodeMilitary Strengthens Counter-Insurgency Drive as PCRC, NSCDC Seek Support in BornoNAHCON staff commend Chairman Over New Postings, PromotionsMilitary Eliminates Terrorist Commanders in Yobe, Foil Attacks in Sokoto, ZamfaraUNIMAID appoints Prof. Mu’azu as Pioneer Dean, Faculty of CommunicationKano Separated Conjoined Twins Return Home After Successful Surgery in S/ArabiaCourt Okays DSS Request to Accelerate Trial of Al-Barnawi, 4 Other TerroristsKano Government Approves ₦1.1bn for School Uniforms to Tackle Out-of-School Children CrisisPolice Chief Tasks Border Patrol Commanders on Enhanced SecurityAir Chief Links Fiscal Discipline to Nigeria’s National Security, Operational Readiness
X whatsapp