Prince Bankole Adepegba, also known as “Ade Bendel,” has regained his freedom from kidnappers after the alleged payment of a ransom amounting to N300 million.
Sources told Zagazola Makama, a counter-insurgency media expert, that the abductors released Ade Bendel to his family on the night of May 3, following the payment of 100 million CFA francs, equivalent to about N300 million.
He was abducted in the IIara town of Imeko-Afon Local Government Area in Ogun State on Wednesday, April 30, 2025, when a group of gunmen stormed the community at approximately 11 pm.
The assailants shot and killed two individuals before abducting Adepegba and transporting him across the border to Benin Republic.
Police sources said that after his release, the victim was taken to BOHCON Hospital in the Republic of Benin for medical attention.
Further information revealed that his Toyota Corolla car remains at the Sabe Police Station in the Republic of Benin, where it was recovered during the incident.
Prince Bankole Adepegba, also known as “Ade Bendel,” who was abducted on May 1, has regained his freedom after the payment of a ransom amounting to N300 million.
Additionally, authorities confirmed that Adepegba’s Toyota Corolla, which was taken during the kidnapping, was recovered by local police, gendarmes, in the Republic of Benin and is currently being held at the Sabe Police Station.
