Home Business News All about the abduction of African billionaire Mo Dewji

All about the abduction of African billionaire Mo Dewji

by Purvai Dua
18th Oct 18 12:28 pm

The mystery over the whereabouts of Africa’s youngest billionaire continues.

Mohammed “Mo” Dewji, the owner and president of the conglomerate METL Group, was abducted last week from a five-star hotel in Tanzania. His kidnappers fired shots into the air before driving off with Dewji in a Toyota car.

His family has now offered nearly half a million dollars for any information on his whereabouts.

“To increase efforts in getting our beloved son, the family announces a present of 1 billion shillings ($436,000) to anyone who will facilitate potential information that will help get him immediately,” said Azim Dewji, a spokesman for the family.

Meanwhile, the police have released 19 of 26 people who were being held for grilling in connection to Dewji’s abduction, according to Dar es Salaam Special Zone Police Commander Lazaro Mambosasa.

The 43-year-old tycoon has also served in Tanzania’s parliament and owns a majority stake in the Tanzanian Premier League.

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