It was gathered that the owner of Capital Oil Limited, was to inspect a landed property after Apo mechanic village, a densely populated area in Abuja, but asked two of his TAN directors to go at the last minute.
When they arrived the site, gunmen, who were already waiting opened fire, killing one person simply identified as Mbanefo, and abducting another man simply identified as Barrister Chuma.
A top security source disclosed to Daily Sun that the incident occurred on Wednesday and ransom of about N10 million was paid the next day before Chuma was released.
The source said the personnel of the Department of State Security Service (DSS) have arrested the kidnappers, with their loot at a hotel in Mararaba, another densely populated area in Nasarawa State not far from Abuja city centre.