Crowdfunding
EKO HOT BLOG reports that the federal government has warned Nigerians about the dangers inherent in getting involved in crowdfunding to raise funds for ransom payments.
The Minister of Defense, Mohammed Badaru Abubakar, warned on Wednesday that such practices would worsen the situation and encourage the criminals to make demands after kidnapping their victims as it will make criminal activities attractive.
He gave the note of warning while speaking to journalists after the Federal Executive Council meeting in the State House, Abuja.
This online media platform reports the Minister spoke against the backdrop of the recent happening in which over N50 million was raised through crowdfunding to pay the ransom for the release of the remaining five daughters of Mansoor Al-Kadriya who were kidnapped in Abuja.
However, Badaru insisted that while the government is concerned about the kidnappings, raising ransom through crowdfunding won’t help the situation.
“We all know there’s an existing law against payment of ransom. So, it is very sad for people to go over the internet, radio asking for donations to pay ransom. This will only worsen the situation, it will not help,” Badaru said.
The Minister said if ransoms are not paid and the kidnappers get starved of money, gradually they will stop such criminal activities.
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