I Earned No Salary As Minister, Says Falae

A former Secretary to the Government of the federation, Olu Falae, on Wednesday, recalled some of his experiences in the hands of his captors, who demanded N100million as ransom after kidnapping him from his farm in Akure in September.

Mr. Falae, who spoke when he received a former Kano State governor, Ibrahim Shekarau, in his residence in Obaile, said when he told the hoodlums he had no money, they were angry, pointing out that he was finance minister.

“When I told them I had no money they said how can I say that when I was once the country’s Minister of Finance,” he said.

“When I was Minister of Finance I did not earn salary. It was by choice, but they would not believe me.”

Mr. Falae was Minister of Finance between January and August 1990 under the military government of Ibrahim Babangida.

Mr. Falae told Mr. Shekarau that he had to call his wife and asked that his family raise the money demanded by the kidnappers in order to save his life.

“They actually wanted to kill me. As soon as they arrived they shot at my car, but the bullet was deflected by the glass and narrowly missed killing my driver before they came to me and began to slash me with machete,” he said.

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