White Lotus
The Dubai-based White Lotus Investment Group was co-founded by tycoon Raju Poosapati (PSR Raju), an associate of N.K.V Krishna. The group has invested in The Pinnacle tower in Nairobi, the tallest in Africa, which is currently under construction. The Pinnacle is a joint venture between White Lotus, Jabavu Village and the Hass Petroleum Group. Between them, the White Lotus and Hass organisations are investing about $200 million in the Pinnacle project. However, as of September 2019, construction of the Pinnacle had stalled. During 2019, the White Lotus Projects group was found to be in contempt of court for proceeding with the Pinnacle project in violation of two court orders issued in 2017. In February 2020, Nairobi police issued an arrest warrant for the CEO of White Lotus, Raju Poosapati. The White Lotus property development group also has offices in Chicago and Omaha, Nebraska.