The family of kidnapped Tanzanian billionaire Mohammad Diuji announces a reward for any valuable information leads to the kidnappers
Tanzanian billionaire Mohammad Diuji, who was kidnapped last Thursday, his family announces a reward of one billion Tanzanian shillings ($ 440,000) for any one provides information help to save him.
Mohammad Diuji, believed to be the youngest billionaire in Africa, was kidnapped by masked gunmen in Dar es Salaam, Tanzania.
Police arrested more than 20 people suspected of involvement in the kidnapping.
Police believe two foreigners are behind Mohammad Diuji’s disappearance, according to the BBC.
Azim Diuji, a spokesman for the billionaire’s family, told a news conference that they hoped the financial reward would help police investigations.
Our correspondent says kidnappings are not common in Tanzania.
Who is Mohammad Diuji?
Forbes magazine, which specializes in business and finance, estimated his fortune at $ 1.5 billion, describing it as the only billionaire in Tanzania.
In a report released in 2017, the magazine said Mohammad Diuji was the youngest billionaire in Africa. He is also a key sponsor of Tanzania’s top football clubs, the Simba Club.
Mohammad Diuji pledged in 2016 to donate at least half of his wealth to charity projects and institutions, the magazine said.
Mohammad Diuji, known locally as Mo, is credited with turning his family’s businesses from wholesale and retail to a conglomerate across Africa, according to the BBC reporter in Dar es Salaam.
His business activities include textile industry, flour milling, beverages and edible oils in six African countries.
Mohammad Diuji served as a deputy in the Tanzanian parliament from the ruling party for 10 years, until 2015.
In an interview in 2014, Diuji told the BBC that his membership in parliament made it easier for him to meet top politicians, but that did not give him an unfair advantage, because any other businessman could also meet them.
What do we know about Mohammad Diuji’s kidnapping?
The kidnapping took place in the upscale suburb of Oosterbay.
The kidnappers fired shots into the air before driving a car away with the billionaire, witnesses said.
Diuji who was interested in his physical fitness, was not personally guarded at the time of the accident and drove his car to the gym, police chief Paul McCunda told reporters.
Police said security forces were on high alert across Tanzania in search of the kidnappers.