World Media

Tanzanian billionaire abducted by unidentified men

Tanzanian billionaire abducted by unidentified men

A Tanzanian businessman and former member of parliament for the ruling Chama Cha Mapinduzi party (CCM) was seized by unidentified men in Dar es Salaam on Thursday, the regional commissioner said.

Dewji's conglomerate, the METL Group, operates in over 35 industries such as trading, agriculture, manufacturing, energy, petroleum, financial services, mobile telephony, infrastructure and real estate, transport, logistics and distribution.

It is believed that the abductors had access to guarded hotel grounds because its gates were "believed to have been left open deliberately", suggesting that they may have had help from hotel staff. Mambosasa also revealed that several suspects, including hotel staff, were interviewed and multiple arrests have already been made.

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Mr Dewji, popularly known as Mo, was abducted as he walked into the exclusive Colosseum Hotel and Fitness Club, in Oyster Bay, an affluent neighbourhood in northwest Dar es Salaam.

Dewji is also a major sponsor of Tanzania soccer team Simba SC and served two terms in Tanzania's parliament, retiring in early 2015.

Dar es Salaam regional commissioner Paul Makonda cautioned the public against speculation.

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Dewji runs MeTL, a multi-establishment company operating in six African countries which was founded by his father in the 1970s.

Mohammed Dewji, a Tanzanian business tycoon said to be Africa's youngest billionaire, photographed during an interview at his office in Dar es Salaam, Tanzania, April 23, 2015.

A nationwide hunt is under way for Mr Dewji, estimated to be worth $1.5 billion, and road blocks have been set up in the area, police commander Lazaro Mambosasa said. In 2016, he signed a pledge to donate at least half his fortune to philanthropic causes.

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