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Mumias: Why Treasury and receiver are uneasy with Rai group

 

Jaswant Rai before the National Assembly Committee on Implementation, 2018. [Boniface Okendo, Standard]

Scepticism is growing about the true intentions of billionaire Jaswant Rai’s bid for the takeover of the assets of Mumias Sugar Company.

Those opposed to Jaswant’s takeover, including the National Treasury and KCB-appointed receiver-manager...

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