Kabras Sugar chairman Jaswant Singh Rai was on Sunday evening released unharmed by his abductors.

His lawyer, Senior Counsel Kioko Kilukumi, said the businessman was shaken but fine and back with his family. He, however, declined to reveal his abductors.

The billionaire who owns Raiply, Kabras Sugar and Uganda-based Sarrai Group went missing on Friday when his Toyota LC200 was blocked at the junction of Wood Avenue in Kilimani opposite Kenwood Apartments at around 4 pm by persons driving a grey double-cab pick-up.

The kidnap was captured on a CCTV camera on Wood Avenue, Kilimani, where he was seen being pulled off a vehicle and forced into an awaiting car.  The family, through the daughter, made a report at Kilimani police station, Occurrence Book (OB) number 21/26/08/2023.

Kilimani Sub-County Police Commander Moses Ndiwa on Saturday said they were yet to establish the identity of the people involved though other sources alluded to business rivalry in the sugar industry. Billionaire is the custodian of the Will left behind by their father Tarlochan Singh Rai who died in 2010.

His close family members have, however, accused him of seeking to administer their family estate as a loner. In 2021, for example, his mother Sarjij Kaur Rai took him to court seeking to object to his move to secure a court permission to execute the Will as per his wish.