Kidnappers free Filipino-Chinese businesswoman
10/16/2010A kidnapped female Filipino-Chinese trader was released on Thursday evening just outside Cotabato City after almost a week of captivity by suspected Muslim kidnap group.
Seventy-three-year-old Conchita Tan was turned over safely by her captors to an emissary of the Tan family to an undisclosed area. No other details were available as of press time.
Earlier, reports said the kidnappers demanded P50 million for the safe release of Tan, wife of Lucio Tan, owner of LCT Hardware operating in Cotabato City.
It was not clear, however, if the release of Tan was a result of ransom payment.
Last Oct. 6, Tan was forcibly taken by heavily-armed kidnapped men who even engaged in a gunbattle against the driver and security escort of the Filipino-Chinese trader. The driver and the bodyguard died while undergoing treatment at a local hospital..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/nation/20101016nat9.html
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