RRA set to auction Rwigaras’ factory machinery next Monday

IGIHE.

Rwanda Revenue Authority (RRA) has announced yet another auction of the property belonging to the Premier Tobacco Company Ltd, a factory owned by the family of late Assinapol Rwigara.

The auction of the factory’s machinery slated next Monday to recover the balance on tax arrears amounting to Rwf6 billion allegedly evaded in the period spanning from 2012 to 2017 follows another one of March 28 in which the factory’s tobacco stocks amounting to 7,195 cartons were auctioned at Rwf512 million to Murado Business Ltd.

“As recommended by RRA and after reviewing the tax-establishing decisions given to Premier Tobacco Company Ltd; with an intention to recover tax arrears, the professional bailiff announces to the general public that there will be an auction of the machines used in processing tobacco belonging to Premier Tobacco Company Ltd on Monday 11/06/2018 at 10:00 am,” reads part of the statement released last week and signed by bailiff Védaste Habimana.

The auction of Rwigaras’ tobacco factory’s machinery is slated next Monday

The auction of unspecified number of tobacco processing machines will take place at the factory located in Gikondo industrial area in Kigali and visiting the machines has started this afternoon.

Speaking to IGIHE immediately after the previous auction, RRA Commissioner General, Richard Tusabe had said that they would auction more Rwigaras’ properties to recover the balance of about Rwf5.5 billion tax arrears.

“If the money is not enough, we should seek where to get it. We shall get it from other properties,” he said.

At the tobacco auction, however, the Rwigara family was not contented with the Rwf512 million, saying it had a value of around Rwf1 billion. They said the auction was conducted illegally and had earlier tried to challenge the seizing of the tobacco stocks and other properties in Nyarugenge Commercial Court which ruled in favour of RRA.

The tobacco stocks amounting to 7,195 cartons were auctioned at only Rwf512 million

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Elias Hakizimana

Elias Hakizimana, CEO&Founder of The Inspirer Ltd,(www.rwandainspirer.com) is a professional Rwandan Journalist with Bachelor’s Degree in Journalism and Communication, received from University of Rwanda’s College of Arts and Social Sciences (CASS) in 2014. He served various media houses in Rwanda including Rwanda Broadcasting Agency (RBA) in 2013 and became passionate with English Online and Print Media Publications where he exercised his talent as a Freelance News Reporter for The New Times, The Independent, The Rwanda Focus, Panorama and more before he became a Self-Entrepreneur as the CEO and Founder of The Inspirer Limited in early 2017.

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