On Saturday, the family of Jaswant Rai reported to the police that he had been kidnapped after his vehicle was found abandoned by the roadside.
Rai, who is a billionaire was allegedly kidnapped at the Kilimani area on Friday, August 25.
His alleged abduction was captured on CCTV on Wood Avenue, Kilimani, Nairobi, but his whereabouts remained unknown.
The family reported a case of a missing person vide OB No 21/26/08/2023.
However, on Sunday, his lawyer Senior Counsel Kioko Kilukumi confirmed Rai had been released.
The police briefly questioned him before they allowed him to go to the hospital for medical attention.
The kidnapping had initially been linked to the police but they denied any involvement vowing to probe the matter conclusively.
So, who is Jaswant Singh Rai?
While little is known about his educational background and professional background, Rai is known by the chain of businesses under his leadership. The businesses extend to other East African countries.
He was named chairman and executor of his father’s will. Tarlochan Singh Rai left behind a multimillion-dollar inheritance after his death in 2010.
Rai is a mogul in the sugar business in the country. He is believed to control at least 43 percent of the sugar business in Kenya.
He owns West Kenya Sugar, which owns Kabras Sugar, Sukari Industries, and Olepito.
He is the chairman of the Rai Group.
The family-owned conglomerate has interests in other industries including cement production, horticulture, edible oils, sawmilling and real estate.
He controls among other companies Rai Cement, Menengai Oil Refineries, Timsales, RaiPly and Webuye Panpaper.
The billionaire owns Tulip Properties. Rai is also into wheat farming and horticulture.
