GOOD FIGHT! Alleged Kidnappers Of Chief Olu Falae Arrested, Part Of Ransom Money Retrieved

Reports have it that five persons have been arrested in connection with the kidnap of former minister for finance, Chief Olu Falae, while...

Reports have it that five persons have been arrested in connection with the kidnap of former minister for finance, Chief Olu Falae, while the balance of N800,000 from the alleged N5 million ransom paid by the family has also been recovered by a special police crack team which handled the investigation.
  Read via Daily Sun;

It was gathered that the suspects would soon appear in court, after the investigative team set up by the Inspector General of Police (IGP), Solo­mon Arase, concludes investi­gation. Police is also expected to pa­rade the suspects who are all in custody any moment from now, before arraigning them in court.

Top security sources who declined to be named, based on the sensitivity of the case debunked speculations that the kidnap was an ethnic affair, even as the source revealed that some Fulani herdsmen were actually among those who took part in Falae’s kidnap.

The source, who described the abductors as hardened crim­inals, said that the motorcycle used by the kidnappers is now in the custody of the Police.

He confirmed that N5mil­lion was paid as ransom to the kidnappers before Falae was re­leased and that negotiations on how the ransom was paid, was actually carried out in Abuja, by the prime suspect, even as the source said that the money was withdrawn from one of the new generation banks in Akure (name withheld).

The day the money was withdrawn, September, 26, which was the same day Falae regained his freedom from his abductors, was clearly stamped on money wraps paid as ran­som, it was gathered.
However, the source said apart from Fulani herdsmen who participated in the deal, in­vestigators are suspicious of in­side collaborators who they are now going after as the police believe the herdsmen would not have successfully carried out their plans without assistance from an insider.

Don't Forget to Like/ Follow Us


Related

Headlines 7937426399665249934

Post a Comment

emo-but-icon

ALEXReports

ALEXReports
....your market place for news!!!

Contact Us

Call us for inquiries today on: +2349075556668 / 08037780342 / 08095798280

BBpin: 2BABA7D7
Email: alexreports30@gmail.com
Instagram : @alexreports

MATTSON CREATION PHOTOGRAPHY

MATTSON CREATION PHOTOGRAPHY
....Abuja's No.1 Photograhy Outfit NOW At Transcorp Hilton!!

MAKARI NIGERIA LIMITED

MBMN WINNERS EMERGE

MBMN WINNERS EMERGE
....Thrills And Frills Of Most Beautiful Model In Nigeria Finals

FRESH BUDS & BLOOMS

FACE OF THE MOMENT

FACE OF THE MOMENT
Hilia Neves Temb‎ Of Angolese - Portugese‎ Father Dazzles In New Photos

GTB BANK ADVERT

LEARNING QUEST EDUCATIONAL OPPORTUNITY

LEARNING QUEST EDUCATIONAL OPPORTUNITY
Click Banner For Details..

AFRO-REporters

AFRO-REporters
....Africa's No.1 news Market!!!

REGISTER

REGISTER
Click banner for details...

Follow Us

Hot in week

Comments

Advertise HERE

NIGERIAN IDOL

WE THE BEST!

WE THE BEST!
We Wish All Our Reader A Blissful Year!

Amity GLOBAL Network

....Connecting You To The World!!! (www.amityglobal.net)
item