British millionaire rescued after being kidnapped by gangsters in Ecuador

Colin Armstrong was snatched from his villa on Saturday morning

A British millionaire who was kidnapped in Ecuador four days ago has been rescued.

Colin Armstrong, 78, was snatched from his villa in Los Rios with his girlfriend Katherine Paola Santos by 15 armed men on Saturday morning.

He was last seen being forced into the back of his own BMW, which was later found abandoned on the road.

Cesar Augusto Zapata Correa, Ecuador’s police chief, tweeted that Mr Armstrong had been found on a road near Manabi.

Ms Santos was previously rescued by police who removed an ‘explosive device’ from around her.

Following his rescue police released a picture of Mr Armstrong who is flanked by two officers.

Cmr Correa wrote: ‘Our units released citizen Colin A., kidnapped a few days ago in Los Rios. At the moment he is safe and healthy.’

He added that nine people had been arrested in connection with the kidnap, MailOnline reports.

Mr Armstrong was kidnapped along with his girlfriend Katherine Paola Santos

Mr Armstrong is also head of the British Consulate in the city of Guayaquil, just south of Los Rios. 

The unknown assailants are believed to have transported Mr Armstrong from the premises of his ranch estate, known as the Rancho Rodeo Grande.

Mr Armstrong is the founder of Agripac, a large firm that produces, distributes and sells agricultural and industrial supplies. 

The owner of the Tupgill Park Estate in Yorkshire, he also received an OBE and CMG in 2011 for services to the British Monarchy. 

This is a developing news story, more to follow soon… Check back shortly for further updates.

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