Kagame Is Laughing All The Way To The Bank

Kigali Convention Centre (KCC) is finally here! Congratulations to all those involved in building it since 2008. It has been a long journey.

But like everything else in Kagame’s Kingdom there is a dark side – CASH!

While we were sleeping KCC mysteriously got new owners. Guess who are the owners:

The new owners include Prime Holdings and Crystal Ventures. This should come as a shock!

Back in 2006, the Kagame regime assured the IMF that Prime Holdings had ceased to manage public assets after it was caught stealing. Prime Holdings is a shadowy company that was unable to account for funds used to build the current Serena Hotel in Kigali and Gisenyi! Ten years later, the corrupt mafia-like Prime Holdings is back!

Evidently Kagame has rewarded Prime Holdings with a big cake – big money from the US$400 million Eurobond the Kagame regime borrowed to build KCC among other things!

So why did Kagame bring back the thieving Prime Holdings? The same reason Crystal Ventures became a co-owner of KCC. To siphon off CASH!

We hope the IMF is observing this ugly drama that is hidden away by the celebrations around the KCC.