Renowned Sugar Billionaire Jaswant Rai has suffered a huge blow hours after president William Ruto threatened him of huge consequences. The Billionaire has been asked by court to pay 2 billion to Butali Sugar Company. 508 million is the money that ought to be paid plus interest rates of 1.5 Billion.
Jaswant Rai is said to have occasioned huge damages to the Butali Sugar Company by curtailing it’s operations. The latest approach by court adds more woes to the huge business empire of Jaswant Rai.
Here is a link: https://www.kenyans.co.ke/news/92727-court-orders-billionaire-rai-pay-rival-ksh2-billion?utm_source=Twitter&utm_medium=DK&utm_campaign=Promotion
The latest approach comes amidst president William Ruto’s threats to the sugar company promising them tough consequences. President Ruto has remained clear that, Rai will have to vacate Kenya or go to heaven if he cannot withdraw court cases.
Rai and his West Company sugar have already withdrawn cases in court and are ready to listen to President William Ruto. However, it’s clear that, troubles have continued to pile on Rai and it seems unending.
Content created and supplied by: Nyandu (via Opera
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