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Man Commits Suicide Over Inability To Repay N60k Bank Debt - Crime - Nairaland

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Man Commits Suicide Over Inability To Repay N60k Bank Debt by ijustdey: 3:56pm On Jul 25, 2017
CYRIACUS IZUEKWE


A father of three kids identified as Kola has reportedly committed suicide after he borrowed N60,000 to purchase a motorcycle but was unable to pay back the Micro Finance Bank he borrowed the money from.

The incident happened at Popoola Street, Abule Odu bus stop in Egbeda, Lagos where he resides with his family.

The deceased was said to have bought Hippo stain remover and drank after he failed to meet up with the time to pay the money he borrowed from LAPO Microfinance company.

P.M.EXPRESS gathered from residents that Kola’s business collapsed and he went to the Bank and asked for loan with conditions attached on how he will be paying the money back.

The conditions included that he will be paying certain amount of money until he finished paying.

It was learnt that Kola was unable to repay the debt as he entered into an agreement with the bank following pressures from the family.

He was said to incurring certain expenses, and at the end there will be no money to pay the bank and the interest was reportedly increasing on daily basis.

P.M.EXPRESS gathered that while Kola was still not complying, the bank seized the motorcycle and he became jobless. It was gathered that the bank was still putting pressure on him to pay the balance and the interest accrued due to his default.

P.M.EXPRESS learnt that when the pressure became unbearable for Kola, he decided to take his life.

On the day the incident happened, it was gathered that the bank threatened to carry all his house property and hand him over to the Police.

It was then that Kola secretly bought Hippo stain remover, drank and died inside his room on top of his bed.

When his family who went to the church returned, they found him dead with the empty Hippo plastic container beside him.

When our correspondent visited the area, the residents confirmed the incident and expressed shock over what happened.

According to the residents, the matter was reported to the police while the corpse has been deposited in an undisclosed hospital from where it will be taken for burial after the necessary rituals.

http://pmexpressng.com/man-commits-suicide-inability-repay-n60k-bank-debt/

lalasticlala
Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Ekiseme(m): 4:00pm On Jul 25, 2017
This is sad,

Now he has caused his loved ones grief and sorrows,

Suicide is never an option, when there is life, there is hope.





Please Lord, may we never die a coward.

47 Likes 2 Shares

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Nobody: 4:03pm On Jul 25, 2017
Ekiseme:
This is sad
really sad

3 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by dollytino4real(f): 4:24pm On Jul 25, 2017
LAPO those people re terrible, dont blame the man. if u dont know lapo crew u've not started.

27 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by SUPERPACK: 4:27pm On Jul 25, 2017
"Suicide is man's way of telling God, 'You can't fire me - I quit.

35 Likes 2 Shares

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Opistorincos(m): 5:40pm On Jul 25, 2017
Some people just don't want to understand that life is precious, no matter how bad your situation is, somebody else is having it worse, there can be a turn around in minutes. He left all the sweetness of this world to cross river Jordan into a place we don't know. Such a shame.

8 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by MrDandy(m): 5:40pm On Jul 25, 2017
So sad sad
Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Jostico: 5:40pm On Jul 25, 2017
bad too bad 60k.

3 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by bettercreature(m): 5:41pm On Jul 25, 2017
dollytino4real:
LAPO those people re terrible, dont blame the man. if u dont know lapo crew u've not started.
He was just a very weak man,50% of people out there are not okay mentally

11 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by vizkiz: 5:41pm On Jul 25, 2017
untop 60k?

60k whey guys dey take pop champaign for club? Nawa oh

18 Likes 4 Shares

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Caustics: 5:41pm On Jul 25, 2017
angry the man is a big fool. why not sell his organs or use himself for rituals and better the life of his family?

5 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Empress2014(f): 5:42pm On Jul 25, 2017
Lapo sending people to their early grave, he won't be the first to commit suicide on Lapo's debt, his bike has been seized, how do they expect him to pay? the bank pushed him to this extent, not everyone is strong enough to handle lapo debt pressure.
rip to the dead.

11 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Sleyanya1(m): 5:42pm On Jul 25, 2017
shocked

I can't really judge , who I'm to.

However, I strongly believe this was not only as a result of N60k debt.

This is true case an accumulated depression.
Not everyone is strong enough to handle such.

It's so sad it led to suicide.

3 Likes 1 Share

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Ekiseme(m): 5:42pm On Jul 25, 2017
SUPERPACK:
"Suicide is man's way of telling God, 'You can't fire me - I quit.
sorry, is this meant to be funny?

10 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by seunlayi(m): 5:42pm On Jul 25, 2017
please, forward this news to London. Somebody needs to hear this news.

anyway, I blame the man for wasting himself. RIP

4 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Mrsjoe30: 5:42pm On Jul 25, 2017
Bad
Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Nobody: 5:42pm On Jul 25, 2017
This life is vanity upon vanity cry undecided

2 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by DeRuggedProf: 5:42pm On Jul 25, 2017
I hope his burial will not cost half of that amount.
So the 'Common sense Oyinbo' we get for Senate should pour petrol on his head and put fire?
The last time breeze open foul ny*sh, he was owing BILLIONS... embarassed
R. I. P.
Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Lordwheez(m): 5:43pm On Jul 25, 2017
So sad.
Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Emu4life(m): 5:43pm On Jul 25, 2017
kai!!
Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by PointZerom: 5:43pm On Jul 25, 2017
Tinubu has looted them dry yet they still see him as their elder............Wetin konsine me, after all Awo did the same.

4 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Stanleyville(m): 5:43pm On Jul 25, 2017
This wan weak me

1 Like

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Nobody: 5:44pm On Jul 25, 2017
Ekiseme:
This is sad,

Now he has caused his loved ones grief and sorrows,

Suicide is never an option, when there is life, there is hope.





Please Lord, may we never die a coward.
E be like say you never face pressure and intimidation before.

6 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by don4real18(m): 5:44pm On Jul 25, 2017
They are angels when telling you to take a loan from them and suddenly become nightmares in getting it back

1 Like

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Shakingdbumbum: 5:44pm On Jul 25, 2017
The worst place to collect loan as a civil servant or small scale business person is bank. whether macro or micro. its only big scale business men that fit them. their interest alone will frustrate you.

3 Likes

Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by Greenrevolt(m): 5:45pm On Jul 25, 2017
Now, the wife and children will suffer a lot. May God help them. I have nothing to say about the man
Re: Man Commits Suicide Over Inability To Repay N60k Bank Debt by mudimoris90(m): 5:45pm On Jul 25, 2017
Weak dey catch me.. I weak

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