Billionaires Africa | 07.05.2026 02:59
Kenya's Auditor-General has described the transfer of Nzoia Sugar's factory and 3,600-hectare nucleus estate to Jaswant Rai's West Kenya Sugar Company as unsupported and opaque, revealing that her office was never provided with a formal handover document, a copy of the lease contract or evidence that the state company's assets were independently valued before being handed over to one of the Rai family's flagship milling businesses.
