Five of the suspected abductors of the former Secretary to the Government of the Federation (SGF) Chief Olu Falae, have been arrested.
Part of the proceeds from the ransom received from the Falae family before he was freed was also said to have been recovered from the kidnappers, who are believed to be Fulani herdsmen.
The arrest came three weeks after Falae was kidnapped on his farm at Ilado Village in Akure North local government area of Ondo State, by some suspected Fulani herdsmen
The elder statesman was released after four days in captivity along Akure-Owo road.
Family sources confirmed that three of the hoodlums were arrested in Niger State last Sunday, while the other two were picked over the weekend.
It was learnt that all the suspects had been kept in the custody of Special Anti-Robbery Squad (SARS) of the State Police Command, Akure, the state capital.
Police men were also still on the trail of the other fleeing suspects.
According to a source “Five of them have been arrested, three were arrested in Niger State on Sunday while two others were arrested somewhere I cannot say for now but all the suspects arrester are now in the custody of SARS.
”The police are still searching for the other seven suspects and I am sure they too will be arrested very soon”.
The state Police Public Relations Officer (PPRO) Femi Joseph, could not confirmed the development but said the issue of the kidnap of the former Minister for Finance was being handled by the Inspector General of Police, Solomon Arase.
”I don’t know anything about the issue again, it is the IG that has taken over the issue of Chief Falae because it is a national issue. The IG is likely to brief the press about the development today,” he said.