The wife of a Norwegian multi-millionaire missing for 10 weeks is believed to have been kidnapped and a large ransom has been demanded for her release, local media reported on Wednesday. A ransom demand for nine million euros ($10.3 million) in cryptocurrency has been issued for her release, VG said. The kidnappers have threatened to use violence against her if her family does not meet their demands, Norway’s newspaper of reference Aftenposten said, adding that there had been limited contact with the suspects. Norwegian police confirmed that “a woman in her late 60s is believed to have been kidnapped from her home in Lorenskog”, around 20 kilometres (12 miles) from Oslo, but did not disclose her identity. A real estate investor, he owns 70 per cent of electricity company Elkraft which he co-founded in 1992, Norwegian media reported.

Source: Punch January 09, 2019 09:45 UTC