Tycoon Rai’s firm spared Sh1.3bn pay to rival Butali Sugar

Rai Group of Companies Chairman Jaswant Singh Rai.

Photo credit: File | Nation media Group

A sugar company owned by tycoon Jaswant Rai has been spared the trouble of having to pay Sh1.3 billion in damages to a rival after a successful appeal.

A bench of three judges of the Court of Appeal overturned the costs slapped on Rai-owned West Kenya Sugar Company and the regulator, the Agriculture and Food Authority (AFA), for opposing the licensing and operation of Butali Sugar Mills 18 years ago.

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