Indian billionaire Pankaj Oswal has raised serious allegations regarding the detention of his daughter, Vasundhara Oswal, by Ugandan police. Since October 1, Vasundhara has reportedly been held “illegally” under circumstances that have sparked significant media attention and public concern. Pankaj Oswal has taken the extraordinary step of reaching out to the United Nations, urging them to intervene for her release.
The situation unfolded when Vasundhara was allegedly detained by armed men from the family’s extra neutral alcohol (ENA) production facility in Uganda. Authorities claim that her detention is linked to an ongoing investigation concerning a missing person. However, Pankaj Oswal contends that the real motive behind the allegations against his daughter stems from a financial dispute involving a former employee.
According to Pankaj, the former employee took out a loan of $200,000 from the Oswal family, who acted as guarantors. After refusing to repay the loan, the employee allegedly fabricated accusations against Vasundhara to evade financial responsibilities.
Vasundhara Oswal, 26, has a diverse educational background. Raised in India, Australia, and Switzerland, she graduated with a bachelor’s degree in finance from a Swiss university. Notably, during her second year of studies, she founded PRO Industries, where she currently serves as Executive Director.
Vasundhara is recognized as a key player in East Africa’s ethanol production sector and has played an instrumental role in expanding the Oswal Group’s operations globally. Her efforts in business have earned her numerous accolades, including recognition as a global youth icon in 2023.
In a heartfelt social media post, her brother painted a picture of Vasundhara as a gentle and compassionate individual, stating, “She’s not even able to hurt a fly; she feeds birds every morning and is a vegetarian.” He emphasized her commitment to meditation and noted that she has never had a boyfriend, highlighting her peaceful nature.
The family’s support for Vasundhara is unwavering, and they believe that the accusations against her are baseless and motivated by ulterior motives.
The detention of Vasundhara Oswal has not only drawn attention to her family’s business ventures but has also raised questions about legal practices and human rights in Uganda. As Pankaj Oswal seeks international intervention, the global community watches closely to see how this situation unfolds.
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