The family of kidnapped Tanzanian billionaire Mohammed Dewji is offering financial reward for his rescue.
Dewji’s family said on Monday it will give a reward of $440,000 for any information leading to his rescue.
The man considered Africa’s youngest billionaire was kidnapped last week in Tanzania’s economic capital Dar es Salaam.
Mohammed Dewji, who heads the MeTL Group which operates in about 10 countries. He was abducted while entering a gym at a hotel in the city.
Dewji’s uncle, Azim Dewji, told journalists that the family is certain offering a reward for his rescue will help ongoing police investigation.
“We [the Dewji family] want to assure anyone with the information about the whereabouts of our son to come forward and we will treat their information as secret,” Azim said.
Police in Tanzania have so far arrested 30 people in connection with Dewji’s kidnapping. He is estimated by Forbes to be worth $1.5bn.
There is still no known motive for his abduction.