Share

LATEST: 'No foreign rescue plan' for Africa's kidnapped billionaire

Tanzania will not seek foreign assistance in its investigation over the abduction of Africa's youngest billionaire Mohammed Dewji, a minister has reportedly said. 

According to Daily Nation, Tanzania's deputy minister of home affairs, Hamad Masauni, said this as he responded to calls for the government to allow an independent investigation into the billionaire's kidnapping.

The report quoted Masauni as saying that independent investigators "would help vindicate the government over speculation it may have been behind such incidents".

Dewji, 43, was snatched by gunmen as he entered a hotel gym in Dar es Salaam on Thursday last week, AFP reported.

Police said he had no security detail with him when he was abducted.

Reports indicated that at least 20 people had been arrested as police pressed a manhunt for him.

Officials implicated the involvement of foreigners, saying he was taken by "whites".

* Sign up to News24's top Africa news in your inbox: SUBSCRIBE TO THE HELLO AFRICA NEWSLETTER

FOLLOW News24 Africa on Twitter and Facebook

Meanwhile, Dewji’s family reportedly offered a reward for information leading to his rescue.

According to BBC, speaking for the first time since his abduction, Dewji's family said that they were willing to give a reward of $444 000 to anyone with information about his whereabouts.

"We [the Dewji family] want to assure anyone with the information about the whereabouts of our son to come forward and we will treat their information as secret," Dewji's uncle Azim Dewji was quoted as saying during a press conference.

Dewji was chief executive of the MeTL Group which operates in some 10 countries and has interests in agriculture, insurance, transport, logistics and the food industry.

According to Forbes, he was worth $1.5 billion and ranks 17th on the list of African billionaires.

Between 2005-2015, he served as a member of parliament and in 2013, he became the first Tanzanian to grace the cover of Forbes magazine. Two years later, he was named Forbes' Africa Person of the Year.

Dewji was also the main shareholder in Tanzania's Simba FC football club.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
Do airplane mishaps have any effect on which airline you book your flights with?
Please select an option Oops! Something went wrong, please try again later.
Results
No, these things happen. I pick based on price
49% - 509 votes
Yes, my safety matters. I don't take any chances
51% - 534 votes
Vote
Rand - Dollar
19.11
+0.4%
Rand - Pound
23.80
-0.4%
Rand - Euro
20.46
-0.0%
Rand - Aus dollar
12.40
-0.2%
Rand - Yen
0.12
+0.4%
Platinum
920.40
-1.1%
Palladium
1,026.50
+1.1%
Gold
2,322.61
-0.2%
Silver
27.34
+0.6%
Brent Crude
87.00
-0.3%
Top 40
68,051
+0.8%
All Share
74,011
+0.6%
Resource 10
59,613
-2.2%
Industrial 25
102,806
+1.7%
Financial 15
15,897
+1.8%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE