Police rescue  Tanzanian billionaire Mohammed Dewji in Dar es Salaam after  his kidnapping

Police rescue Tanzanian billionaire Mohammed Dewji in Dar es Salaam after his kidnapping

BY JOAN WANJIKU,NAIROBI,11TH OCT 2018-Police in have rescued  billionaire Mohammed Dewji who was  kidnapped  in early Thursday  with the news of the  incident spreading  on social media platforms. A local daily in Tanzania says, Dewji was kidnapped on his way to the Oysterbay for routine gym exercise

thecitizen.co.tz reports that two white men and unknown accomplices in two cars tracked him as he walked into the fitness club where he is a member. The motive of the attack is still not known.

Forbes puts real time net worth at $1.5B (over Sh100billion). He is the Chief Executive Officer of METL, a Tanzanian conglomerate founded by his father in the 1970s. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern, southern and central Africa. It operates in at least six African countries and has ambitions to expand to several more. According to Forbes, the billionaire signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes.

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