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Ex minister of finance , Olu Falae, kidnapped on his 77th birthday


There are reports that a former Secretary to the Government of the Federation, Chief Olu Falae, has been kidnapped from his farm in Ondo State

The Public Relations Officer of Ondo State Police Command, DSP ‘Wole Ogodo, who also confirmed the incident to newsmen said that the elder statesman was attacked on his way to his farm in Ilu-Abo, a village near Akure on Monday afternoon.

The abductors of former Minister of Finance, Olu Falae, are demanding the payment of N100million ransom for his release,  The Police PRO has said the kidnappers  want the ransom paid latest by end of  Tuesday.

Police spokesperson, Wole Ogodo, said  that it was possible the Fulani herdsmen masterminded his kidnap because earlier in the year, he reported to the police that the Fulani herdsmen in the area were destroying his farm produce by leading their cattle across his farm for grazing..

“We are aware that Falae has been having problems with Fulani herdsmen and we suspect that they are the ones involved in the act,” he said.

“They came shooting. They beat up Falae and his workers. Some of the workers fled and have not returned till now, others were injured.”

Mr. Ogodo said the Commissioner of Police in the state had dispatched a 50-man search teach headed by a Deputy Commissioner of Police, Isola Abdullahi, to find Mr. Falae and the culprits.

Some of the injured workers, he said, had been taken to an undisclosed hospital for treatment.

Meanwhile, the Ondo State Governor, Olusegun Mimiko, has summoned an emergency security council meeting to deal with the matter.

The state Commissioner for Information, Kayode Akinmade, who made this known in Akure on Monday, said the act depicted the state of insecurity in the country.

“This is disturbing and sad, especially when it involves an elder statesman like Chief Olu Falae, but I’m sure the man will be rescued very soon and the perpetrators would be brought to book,” he said

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