Olu-Falae 1

The abductors of Chief Olu Falae have reportedly reduced the N100 million ransom they earlier demanded to N90million, an aide said yesterday, Tuesday, 22nd of September, 2015.

The aide, who spoke on the condition of animosity said in Akure that the abductors called the family on Monday night and agreed that they could bring N90 million.

The Nation reveals that the source, however, said the family had raised N2 million. He said the negotiation was still on between the family and the abductors.

“When they called us on Monday night, they said they could only reduce the ransom to N90 million, but we cannot afford that.

“We begged them to take N2 million but they rejected it; they said they would call us back today but as at this moment, they have not called,”

the source said.

When The Nation visited the residence of the former Minister for Finance, reporters were still barred from talking to his wife, Rachael.

The Commissioner of Police, Mike Ogbodu, who assured the family of rescuing Falae alive, has taken over the investigation.

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  1. The kidnappers are enemies of peace bc os they jst wants to jeopardise de peace of these country, I pray they will no know peace for de grey hair of that old man will curse them nd there generation.

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