Ruto asks billionaire Rai brothers to 'pack up and leave' - News Summed Up

Ruto asks billionaire Rai brothers to 'pack up and leave'


President William Ruto, National Assembly Speaker Moses Wetangula and Bungoma Governor Ken Lusaka, among other Western leaders, at Nzoia Sugar Company, August 28, 2023. A tough-talking Ruto has demanded that two investors fighting over control of Mumias sugar company must cease, pack up and move out. They are billionaire Jaswant Rai, the owner of West Kenya Sugar Company and his tycoon brother Sarbjit Singh Rai, owner of Uganda-based Sarrai Group which took over the management of Mumias Sugar company about one year ago. Ruto, who is on a five-day tour of Western, said cartels have frustrated the government agenda to revive Mumias sugar company. Jaswant Rai moved to court contesting the lease arrangement and the manner in which Mumias Sugar Company was handed over to his brother.


Source: Standard Digital August 28, 2023 20:05 UTC



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