The middle aged man identified as Sunday Adebayo was reported to have been so desperate to have a share of the family’s inheritance against the wish of other family members. This spurred him to destroy the company with Improvised Explosive Device (IED).

Sources said the Chief Executive Officer of Ebenco Pharmaceutical Limited, Mr. Joshua Ebenezer Adegboye Adebayo, died on Saturday, November 4, 2017 and since then, his younger brother, Sunday Adedayo, had insisted that his brother’s property be shared.

The children of the deceased however denied him the request to have a share in their late father’s property.

The eye witness who pleaded anonymity said that the incident occurred around 11:00pm with a loud blast in the company which eventually resulted in the crumbling of the storey building housing the pharmaceutical store to a bungalow.”

Immediately after the incident, Adebayo was reported to have shouted “please help” making and people to rush towards him to give some assistance.

“He was taken to Obafemi Awolowo University Teaching Hospitals Complex, where he confessed that three of them came for the operation, but the building fell on the remaining two while he managed to escape but not without serious wounds.

“The mastermind of the incident named Sunday Adebayo, a younger brother of the owner of Ebenco Pharmacy upon admission at the hospital revealed how they detonated an IED to cause havoc on the building. But he did not survive it. He eventually gave up the ghost at the hospital” The source said.

Speaking on the development, the Osun State Police Commissioner, Femi Fimihan assured people of the state of their safety because his men have swung into action to maintain orderliness at the scene of the incident.

Meanwhile, Osun State Police Command yesterday said that the explosion that brought down a pharmaceutical company was not a commercial improvised explosive device.