Falae, who spent four days in the den of his kidnappers, was abducted by unknown gunmen at his farm in Akure, the Ondo state capital on Monday September 21.
He was rescued and reunited with his family Thursday. It is not clear whether any ransom was paid. His abductors had demanded a N100million ransom, later reducing it to N90million.
Read Full Statement below...
''The rescue of Chief Olu Falae from his captives on September 24th, 2015 was made possible as the Inspector-General of Police, IGP Solomon E. Arase, fdc NPM coordinated both aerial and land operations to ensure the freedom of the former presidential candidate of the SDP,'' the statement read on Thursday. ''The operation which started in the early hours of the aforementioned date, combed every nook and cranny of Ondo state till success was achieved in Owo. while re-uniting Chief Olu Falae with his family, the Inspector-General of Police said; those who think Nigeria is lawless should have a rethink as the Nigeria Police Force and other sister agencies are everywhere to deal decisively with those miscreants who intend to test the capabilities of the Force. He further said that the Former Secretary to the Federal Government is hale and hearty meanwhile, the Nigeria Police promised to leave no stone unturned till the perpetrators of the dastardly act are brought to book.''
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