Sola Ogungbe, a 41-year-old manager of SEAP Micro-Finance Bank Saki, reportedly committed suicide at his house over N1million defaulted loan.
The deceased who is from Omu-Aran , Kwara State was said to have given loan facilities to some clients who defaulted in repayment.
According to the Nation newspaper, Truthlive news learnt that the deceased’s wife arrived home to find his body after receiving a call on Wednesday afternoon from a member of the staff because he has not been showing up for work due to the loan default situation.
Confirming the incident, a closed friend of the deceased, who pleaded anonymity, said the deceased made a mistake by taking his life instead of discussing the issue with his friends.
He said: “The issue of suicide is becoming alarming, Sola made a great mistake by taking his own life because of debt, if he had shared this issue with his friends, maybe somebody would have come to his aid.
“Everyone is going through one thing or the other but our survival is anchored upon a communal living and friendship, tell people about your issues, you don’t even know who can help you.”
The body of the deceased has been taken to his hometown for burial.