Billionaire Tanzanian business mogul Mohammed Dewji who was kidnapped early morning Thursday is yet to be rescued from his captors.
Regional Commissioner Paul Makonda has refuted claims that the billionaire has been found. Earlier reports indicated that all suspects, had been arrested.
Dewji popularly known as MO, is one of the richest persons in Africa.
At 43-years of age, he is valuable at $1.5billion, placing him 17th in the roll of richest persons in Africa.
#Tanzania police seal off Mohammed Dewji's black Range Rover outside the Dar es Salaam gym where he was kidnapped in the early hours of this morning. Regional Commissioner Paul Makonda says Dewji has now been rescued from his kidnappers and several suspects are under arrest pic.twitter.com/rJDaKsPmez
— Fareed (@Fumbuka) October 11, 2018
Dewji, a philanthropist bankrolls Tanzania Premier League champions Simba SC and has made the club one of the most competitive in the country.
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