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| Olu Falae |
The abductors of former
Minister of Finance, Olu Falae, are demanding the payment of ₦100million 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 ₦100million 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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