JOHANNESBURG, July 5, 2014 /CNW/ – Rwanda government seized Tribert Rujugiro Ayabatwa’s shares in Nshili Kivu Tea Factory (NKTF) on 25 June 2014. The Commission of Abandoned Properties in Nyaruguru District instructed NKTF to deposit any monies or any other benefits due to Ayabatwa in the District’s own bank account for “safekeeping.” By this action, government replaced Ayabatwa as shareholder in NKTF.
In a separate development, the Rwandan authorities seized Ayabatwa’s personal residence in Gikondo, Kigali. In this case, the Rwandan police forced their way into the property, ejected security and staff, and installed their own personnel. This private residence has since been converted into a bar and lodge.Read More