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A 41-year-old woman, Shakirat Rasheed, on Friday, committed
suicide in Apete, Ibadan after the friend she stood as surety for
fled with the loan collected, the police have said.

Apete, a surbub of Ibadan, is a density populated area in Ido
Local Government Area of Oyo State.

Ms Rasheed reportedly hung herself after her friend failed to
repay a loan from a microfinance bank.

It was gathered that Ms Rasheed stood as a guarantor for her
friend who obtained a loan from a micro-finance bank at Awotan
area, but the friend fled without paying back.

Police wade in
The Divisional Police Officer in charge of Apete police station led
detectives to the scene of the incident on Friday.

Commissioner of Police, Shina Olukolu, confirmed the report to
journalists on Friday.

He said a preliminary investigation indicated that the woman
committed suicide.

Public Relations Officer (PRO) of the state Police Command,
Olugbenga Fadeyi, also gave additional information on Saturday.

Mr Fadeyi said efforts are being intensified to get more details
about the victim’s death.

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“This was based on the report that she committed suicide for
being unable to pay LAPO debt. More efforts intensified to get more
details please.”

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