“The workers, Nkere Uwam, Okpako Emperor and Adimibe Kanayo, allegedly connived with a kidnap gang, led by one 34-year-old Nduka Alaribe, aka Abiola, to carry out the kidnap.
It was reported that the 64-year-old victim was returning home from work when the gang waylaid his car.
They were said to have taken him away with a gunshot injury and abandoned his car.
The manager reportedly died from the gun injury, but the assailants still contacted the company and demanded N100m ransom for his release.
Oblivious of the victim’s death, the company was said to have negotiated the ransom to N10m, which the suspects collected.