At around 5am on Sunday (13 Oct), a 59-year-old man was kidnapped by gunmen in front of his home in Johor Bahru, Malaysia.
During the kidnapping, the businessman was threatened with a gun, beaten with a wooden stick, and had his head covered with a cloth.
The abduction took place while he was preparing to take a taxi to Johor Bahru Senai International Airport.
Kidnappers had then left a mobile phone at the scene to contact the victim’s family, reported Sin Chew Daily News.
They demanded 30 million ringgit (S$9,128,000) as a ransom.
After negotiations, the victim’s family asked to lower the ransom to 20 million ringgit (S$6,085,000).
They raised five million ringgit in cash and placed it in a residential area in Taman Perling, Johor Bahru.
The remaining amount was transferred to a bank account through a friend from Singapore.
The victim was released 14 hours later, as reported by Lianhe Zaobao.
He informed the police that there were four kidnappers involved, including a woman, but he was unsure of their nationalities.
Royal Malaysian Police Johor Chief Inspector Kumar said that a statement would be issued only after a thorough investigation.
Local news reported that the victim was a wealthy businessman hailing from Perak who relocated to Johor several years ago.
He also had several “development projects” and businesses around Malaysia.
Also read: M’sian Boys Forced To Work As Scammers In Myanmar, Released After Ransoms Paid
Have news you must share? Get in touch with us via email at news@mustsharenews.com.
Featured image adapted from ASIS International for illustration purposes only.
He struck her on the left cheek after being confronted.
He was promised returns of between 5% and 12% on his investment.
The pigeons tried escaping from the net, but to no avail.
There are many questions about the Income affair that remain unanswered, says a veteran editor.
He offered an ICA officer S$200 in cash.
SM Lee joked that it's best to leave the game to computer game pros.