Kidnappers Demand N100million Ransom For Olu Falae's Release

The abductors of former Minister of Finance, Olu Falae, are demanding the payment of N100million ransom for his release, an associate of the  politician has said.

Mr. Falae, a chieftain of the Pan-Yoruba group, Afenifere and National Chairman of the Social Democratic Party, was on Monday abducted at his Ilado farm along Igbatoro Road, Akure North Local Government Area of Ondo State.

The kidnappers, a spokesperson for Mr. Falae’s party said, want the ransom paid latest by end of  Tuesday.

The publicity secretary for the SDP, Remi Olayiwole, told PREMIUM TIMES via telephone that the gunmen stormed the farm at about 2pm on Monday, shooting sporadically into the air.

“They met him in his farm at Ilado and were shooting before taking him away,” Mr. Olayiwole said.
“His wife received a phone call from the kidnappers later, and a voice was heard telling the family to bring N100million before the end of tomorrow(Tuesday) before he will be released.”

Contacted, the Ondo State Police Spokesman, Wole Ogodo, said he needed more time to put the facts of the matter together.

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Posted: at 22-09-2015 05:45 AM (8 years ago) | Addicted Hero

Sallah package....

Posted: at 22-09-2015 06:34 AM (8 years ago) | Hero

They are the leading kidnappers, Armed Robbery, Rituals, Blood Money in that country now

Posted: at 22-09-2015 06:42 AM (8 years ago) | Gistmaniac

may your families perish this year

Posted: at 22-09-2015 06:53 AM (8 years ago) | Gistmaniac

They will always get away with their atrocities. Buhari is there to defend them. Already corrupt and redundant Nigerian Police is changing "abduction and kidnapping" to "Attack". Yeye de smell.

Posted: at 22-09-2015 07:51 AM (8 years ago) | Gistmaniac

                             your comment are merely speculative and conjectures and not based on
facts!

Posted: at 22-09-2015 07:56 AM (8 years ago) | Gistmaniac

                       This is the kind of thing that happen in animal kingdom where some group of people do things with impunity without fear of ramifications of their dastardly act. Does Nigeria have laws? Certainly for most people. This group of thugs have wrecked havoc across communities in the land and they just get away with rapes, murder, and kidnapping of the innocents. It's appalling.

Posted: at 22-09-2015 08:04 AM (8 years ago) | Gistmaniac

                                               
                                                        Nigerian police can't yet determine if he has been kidnapped or not? Looks like they don't know the definition of "Kidnap ". They do need a dictionary

Posted: at 22-09-2015 08:09 AM (8 years ago) | Gistmaniac

                                                  Yorubas na wa!!...Olu Falae , a yoruba leader, elder, statesman, former SGF, kidnapped, taken away by hsa flni touts inside his home town in yoruba land. ...Chai. ..   

Posted: at 22-09-2015 08:14 AM (8 years ago) | Gistmaniac

kidnapping here and there

Posted: at 22-09-2015 09:46 AM (8 years ago) | Gistmaniac