Police have rescued three Fouani brothers, the boat captain and his assistant, who were kidnapped on Friday night.
The victims were rescued on Monday night through the joint effort of Lagos Marine police and the navy.
Police spokesperson of the Lagos State Police Command, Benjamin Hundeyin confirmed that they were rescued late on Monday night in Orugbo Iddo.
He said: "They were rescued late last night (Monday) in Orugbo Iddo. Our marine police with the support of the Nigerian Navy brought them to shore. Five of them, three Lebanese, the boat captain and his assistant.
“Thereafter, our tactical team in the area took them home on Banana Island in the early hours of today."
News Rider had reported that the Fouani brothers were kidnapped around Falomo Bridge, Ikoyi, Lagos, while travelling from Apapa to Victoria Island by boat on Friday evening, June 14.
Unconfirmed report had indicated that the kidnappers contacted the company and family, demanding a $1.5 million ransom, but Hundeyin kicked against the report, saying that there has not been any contact yet.
Fouani Group is a leading manufacturer of household electronics such as LG, Hisense and Maxi brands. The multinational enterprise operates in countries such as Nigeria, Guinea, Gambia, Lebanon, Congo and Liberia.
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