Mohamed Fouani, the Managing Director, Fouani Company, a prominent representative of LG and Hisens has been rescued from his abductors.

Fouani was kidnapped alongside two Lebanese, the boat captain and his assistant IN Lagos close to Falomo Bridge on Friday, June 14.

The five of them were rescued late on Monday night in Orugbo Iddo area of Lagos by the Lagos state Marine Police with the support of the Nigerian Navy.

Police Public Relations Officer Benjamin Hundeyin of the Lagos State Police confirmed the victims’ rescue, saying: “Last night in Orugbo Iddo, five of them, three Lebanese, the boat captain, and his assistant were rescued.”

“Our Marine Police with the support of the Nigerian Navy brought them to shore. Thereafter, our tactical team in the area took them home on Banana Island in the early hours of today.”

They were sailing from Apapa to Victoria Island when they were abducted.

There was no information available at the time this report was filed regarding whether the kidnappers who demanded $1.5 million had received any ransom before the hostages were freed.