Straight from Hell: Father Uses 5-Month Old Son to Borrow N400,000

Children are heritage of the Lord, says the holy writ. But for Ckechukwu Ibekwe, who on Wednesday narrated how he in connivance with his wife, Oluchi used their five- month old son, Chidera as collateral for a N400 thousand loan, reverse is the case.

The merchant cum father, who is currently singing in police net for allegedly selling his son for N500 thousand to one Chinelo based in Ihiala, Anambra State, said he needed money to restart life after he was evicted from his shop at Ladipo, Lagos, hence he decided to use his son for collateral.

Sounding off and full of himself, he told stunned onlookers how his wife suggested that they use the baby to secure a loan, on grounds that he would collect N250, 000 while N150, 000 would be hers.


Ibekwe said: “I was a mechanic until the building that houses my shop was sold and I was evicted. I was idle for sometime, then someone gave a bus which I used for transport but the bus was consumed by fire.

“Things were very hard and I could not fend for my family. It was at the point of difficulty that my wife suggested that we should go and borrow money from one Chinelo. She is the one who knows Chinelo and she brought her contact.

“She suggested that we should give the baby to Chinelo and collect money from her. We agreed that I will collect N25,000 so that I can travel, while N150, 000 will be paid to her account.

“That was how I took our son and travelled and I collected my own money. But because her share was not paid early, we started quarreling. I was surprised that while I was still in the village, a lawyer called me and I came to Lagos and was arrested.

“I do not know what Chinelo does, I don’t know if she sells children. I did not sell my son to her. We used him to borrow money and it was my wife’s idea. I do not know where my wife is, Chinelo’s husband has been arrested and he told me that my wife’s N150,000 was paid,” said Ibekwe.

However, Ibekwe’s wife statement contradicted the husband’s account. She was reported to have told the police that he sent her on errand and by the time she got back, he had  fled with their son.

Author: News Editor

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