Rai firm hit with Sh980m fine in milling licence fight

Sugar and cement mogul Jaswant Rai before the joint Agriculture and Trade Committees at Parliament Buildings, Nairobi, 2018. [Boniface Okendo, Standard]

The Commercial Court in Nairobi has dealt Jaswant Rai a major blow in his battle with Butali Sugar over a milling license battle that started in 2007.

Justice Alfred Mabeya Friday awarded Butali Sh590 million, with 12 per cent interest from 2007.