BY Taiwo George
After three days in captivity, Olu Falae, former secretary to the government of the federation, walked into his private residence in Ilu Abo, Akure north local government area of Ondo state, on Thursday.
Accompanied by Solomon Arase, the inspector-general of police; Mike Ogbodu, Ondo state commissioner of police and some family members, Falae, who is the traditional ruler of Ilu Abo, was recieved by a large crowd.
Arase said no ransom was paid for the release of Falae, who was once minister of finance.
Arase told journalists in Akure while handing over Falae to his family that police would soon release further details on the rescue efforts.
The abductors had reportedly demanded N100 million initially as ransom before reducing this to N90 million.
Olusegun Mimiko, governor of Ondo state; Reuben Fasonranti, national leader of Afenifere, a Yoruba socio-political organisation were among the dignitaries who visited Falae’s house after his release.
Mimiko had earlier told TheCable that Falae would “soon be home” when the news of his freedom broke but many were in the dark about his movement.
Gunmen abducted him from his farm in Ilado, still in Akure, on his 77th birthday, demanding a ransom of N100 million.
But Arase told journalists that no amount was paid for his release.
President Muhammadu Buhari had directed the police to “find and rescue” Falae.
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