26 Feb '11, 11pm

Singapore trader pays $9m ransom to kidnappers (via ST iPhone App)

A businessman from Singapore was forced to pay a staggering S$9 million to secure the release of his family in what has been described as the country's largest ransom payment in recent years. -- ST PHOTO: KUA CHEE SIONG JOHOR BARU - A BUSINESSMAN from Singapore was forced to pay a staggering $9 million to secure the release of his family in what has been described as Malaysia's largest ransom payment in recent years. The nightmare began when the businessman's wife, their maid and daughter were driving home. They were forced off the road by another vehicle in Permas Jaya recently. Subsequently, the kidnappers took over the wheel and drove off with the three of them to an undisclosed location. Bukit Aman sources said that the kidnappers sent an MMS of the three victims being held at gunpoint to the businessman before demanding a ransom of $50 million. The kidnappers warned t...

Full article: http://www.straitstimes.com/BreakingNews/SEAsia/Story/STI...

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