The kidnappers of Jezco chief, Chief Sir Joseph Ezeokafor, have reportedly demanded N1.5 billion ransom for his release, after initially asking the family to pay N700 million.

A close source within the family, who spoke on condition of anonymity, disclosed this, saying the kidnappers had established contact with the family following Ezeokafor’s abduction.

According to the source, the kidnappers initially demanded N700 million, a figure which the victim’s family reportedly accepted as part of efforts to secure their father’s release.

The kidnappers, however, were said to have subsequently raised their demand to N1.5 billion.

The source said the family had remained willing to negotiate with the abductors but that the kidnappers had since stopped further engagement with the family.

It was gathered that the development had left the family in a difficult position as efforts to reopen communication with the abductors had reportedly not yielded results.

The latest revelation also provides fresh details on the circumstances surrounding the abduction of the Jezco chief, which had attracted considerable concern among his associates and members of the community.

The Anambra State Police Command has, however, yet to make any official statement on the reported ransom demand. GeographicReference

When contacted, the Command’s spokesperson , Tochukwu Ikenga said he was in a meeting and asked our correspondent to send him a text message detailing the inquiry.

Our correspondent subsequently sent a text message to the police spokesperson seeking confirmation of the abduction .
As of press time, however, the message, sent about a week ago, had not received a response.

The family source did not disclose the circumstances under which the kidnappers initially made contact or why communication between both parties subsequently broke down.