A colleague of Adegbite told Punch that he was suprised that he committed suicide.
File photo
A businessman has taken his own life after losing N150,000 to sports betting.
The tragedy happened in Abuja.
The man identified as Adegbite ommitted suicide after he lost N150,000 to sports betting.
The incident happened around Pegi, Kuje Area Council.
The money was given to him by his boss to pay his colleagues.
Instead, he staked it in a bet, hoping to reap a windfall.
However, he lost all.
The Federal Capital Territory Police Command on Tuesday said it was investigating his death.
A colleague of Adegbite told Punch that he was suprised that he committed suicide.
“We were surprised when it happened. He was given the money to pay some people at his place of work. The money was in the region of N150,000.
“He took the money to a sport betting shop and staked it. He selected some matches but he did not win. He had hoped he would win and pay back the money.
“The following morning, he was not seen by his neighbours. They noticed that he was inside; they broke the door open and found his body dangling on the ceiling fan. They alerted the police, who removed his body.”
Confirming the incident, DSP Josephine Adeh, spokesperson for the FCT police command said investigation was ongoing on the incident.