Kabras Sugar chairman Jaswant Singh Rai has been released by his kidnappers.
The release came two days after the drama that was captured on security cameras.
Nai Haps has learnt that the billionaire businessman was warned not to discuss whatever happened to him with anyone.
His lawyer Senior Counsel Kioko Kilukumi confirmed Rai had been released on Sunday.
The lawyer said his client was set free two days after he was abducted at the junction along Wood Avenue in Kilimani on Friday, August 25.
He said the businessman was shaken but fine and back with his family. He is yet to reveal who his abductors were.
The billionaire went missing when his Toyota Landcruiser was blocked at the junction of Wood Avenue in Kilimani opposite Kenwood Apartments at around 4pm by persons driving a grey double-cab pick-up.
CCTV footage of the abduction shows four men getting out of the pick-up and forcibly pulling the occupants of the billionaire’s car into their vehicle before speeding off towards Galana Road.
Rai’s car was left idling on the road.
Kilimani police commander Moss Ndiwa said they were informed by a member of the public on Friday that a vehicle had been left abandoned by the roadside in the area.
“This forced traffic police officers to tow the vehicle to the police station,” he said.
The billionaire owns Raiply, Kabras Sugar and Uganda-based Sarrai Group.
A missing person report was filed at Kilimani Police Station, Nairobi.
The family reported a case of a missing person vide OB No 21/26/08/2023. His daughter made the report on Saturday.
The drama happened on August 25, officials said.
Police say they are yet to know those behind the incident and the motive.
Other sources linked it to a business rivalry in the sugar industry. Police are investigating the abduction.
Police said no contact had been made with the family so far from the suspected kidnappers.
No demand for ransom has been made so far, according to the investigators.
President William Ruto had earlier attacked and singled out Rai (Jaswant Rai) of the Rai Group over the state of the sugar industry.
Rai Group controls more than 40 percent of the country’s sugar production and market supplies.
“Msikuwe na wasiwasi niko hapo chonjo kabisa. Nitahakikisha hii kitu inakaa chonjo. Na wakora wote wako katikati. Msikuwe na wasiwasi ati kuna mtu atakuja kutuongelesha kingereza. Sijui mhindi fulani. Sijui nani ni nani. Sijui mwingine ananiambia Rai. Rai Nani? Hapana hiyo haiwezekani,” Ruto said.
This loosely translates to: “do not be worried, I am alert to make sure everything will be okay. There is no one who will meddle. Do not be worried about someone coming to talk to us. Someone was telling me Rai. Who is Rai? No, that is not possible”.
