Finance
Mohammed Dewji: Africa’s youngest billionaire missing week after kidnap
- Mohammed “Mo” Dewji — Africa’s youngest billionaire — was
grabbed from a gym at a luxury hotel in Tanzania on October 11,
and has not been heard from one week on. - Dewji, 43, is CEO of the vast African industrial conglomerate
MeTL Group, and is worth around $1.5 billion. - Police have arrested 26 people, but are yet to give any idea
of what might have happened to Dewji. - Unusually for the kidnap of someone so wealthy, no ransom
demand has been made.
Africa’s youngest billionaire is still missing a week after he
was kidnapped from the gym of a luxury hotel at gunpoint — and
authorities seem none the wiser about where he may be.
Mohammed “Mo” Dewji, the 43-year-old CEO of African
industrial giant MeTL Group, was seized on Thursday at the
Colosseum Hotel gym in Dar es Salaam, Tanzania, local police
said.
Officers say Dewji was grabbed at 5 a.m. after an
early-morning work-out session by two gunmen, who fired shots
into the air, stuffed him into a car, then
fled,
CNN
reported.
As of Thursday, neither police nor
Dewji’s family, have received a ransom demand for the
billionaire,
according to reports from The Citizen, an English-language
newspaper in Tanzania.
Dewji’s family had offered a reward
of one billion Tanzanian shillings ($437,000) for help, but said
Thursday that it has so far not produced any useful
information.
The reward was announced in this
tweet, under the hashtag #BringBackMo:
Police arrested a total of 26 men
in connection with the incident but have only kept seven in
custody, The
Citizen reported on Wednesday.
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