Saturday, 20 February 2016

The Akure family house of Chief Olu Falae, the former Finance Minister, who was abducted on his farm in Ondo State, has been turned into a Mecca of sort as sympathisers throng the house, anxious that his abductors will release him soon.

Tension has gripped the state following the abduction of Falae who is also a chieftain of the Yoruba socio-cultural group Afenifere.

Falae, the traditional ruler (Olu) of Ilu Abo, a village in Akure North Local Government Area of Ondo State, was kidnapped on his farm in Ilado Village.

His abductors who had earlier demanded N100million ransom have reduced the ransom to N90milllion.

An aide to Falae said the abductors called the family on Monday night and agreed that they could bring N90million, but the family was able to raise N2million.

He said negotiations were still on between the family and the abductors.

“When they called us on Monday night, they said they could only reduce the ransom to N90million but we cannot afford that.

“We begged them to take N2million but they rejected it, they said they would call us back today but as at this moment they have not called,” he said.

Meanwhile, the state’s Commissioner of Police Mike Ogbodu, who has since taken over investigations into the abduction promised to track down the abductors and get the former minister off the hook.



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