Nairobi, May 6 -- Tycoon Jaswant Rai's takeover of Nzoia Sugar's factory and nucleus is under scrutiny over alleged concealment of key details in the 30-year concession, even as he pledged to share a portion of sugar and molasses output with the State and inject Sh5.76 billion.

Auditor-General Nancy Gathungu has flagged the leasing of Nzoia Sugar to Rai's West Kenya Sugar Company as opaque, saying her office was not furnished with a formal handover document or asset valuation report, raising concerns the assets may have been undervalued.

West Kenya is the maker of the Kabras brand.

Under the leadership of Jaswant, the Rai family will manage and operate Nzoia Sugar's factory and nucleus estate of 3,600 hectares for the next 30 years.

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