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Re: Forbes @Kagame: African Millionaire Returns World Entrepreneurship Award In Protest
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This is probably the reason number one why such an award to Kagame was retracted:
by nominating Kagame, Thakkar knowingly failed to disclose that he has a conflict of interest in Rwanda.
Indeed,
"A potential or actual conflict of interest exists when commitments and obligations are likely to be compromised by the nominator(s)'other material interests, or relationships (especially economic), particularly if those interests or commitments are not disclosed."
The reason number two though not least compared to the first one is Kagame's overwhelming criminal record in Rwanda and abroad:
Kagame set up the fire in Rwanda by triggerring the genocide against the Tutsi, then 3 months later he showed up playing the firefighter role!
Thanks to God, the international community is slowly but surely realizing that the so-called Rwanda's economic prosperity is a myth.
Indeed, poverty has become endemic in Rwanda, the economic growth which does not translate into in higher buying power for the Rwandan people is mostly due to massive international aids, the looting of the the DRC and to many unjustified taxes and fees the Rwandan people have to pay on a regular basis.
That's why with the defeat of M23 in DRC and the suspension of some foreign aids to Rwanda, the touted Rwanda's economic prosperity is crambling!

African Millionaire Returns World Entrepreneurship Award In Protest
Ashish J. Thakkar, a 32 year-old Ugandan-born multi-millionaire
entrepreneur, said on Wednesday he is returning a high profile
entrepreneurship award to the World Entrepreneurship Forum to protest
what he called the organizers' efforts to whitewash and discredit the
achievements of President Paul Kagame of Rwanda.
Last November, Thakkar, who is the founder of the Mara Group, a
Pan-African conglomerate with interests in technology, offshoring,
property and agriculture and has operations in 19 countries, was given
an award as the 'World's Best Young Entrepreneur' by the World
Entrepreneurship Forum, a French-based think-thank founded in 2008 by
EMLYON Business School, KPMG France, and the Nanyang Technological
University in Singapore. The forum brings together leading
entrepreneurs, thinkers and builders from 75 different countries to
tackle some of the world's most pressing issues with entrepreneurial
solutions. Thakkar was awarded alongside other leading entrepreneurs
like Virgin boss Richard Branson and Aramex founder Fadi Ghandour.

A few weeks later, Thakkar contacted the World Entrepreneurship Forum
to nominate Rwandan President Paul Kagame, President of the Republic
of Rwanda for the 'Policy Maker' for the 2014 awards which is to hold
in October in Lyon, France. Kagame's favorable policies have seen
Rwanda become one of the most friendly climes for businesses, and
according to the World Bank's 2014 Doing Business ranking, the country
is the 2nd easiest place in Africa to run a business. Rwanda has had a
remarkable economic turnaround and economic growth has surpassed 7%
for almost half a decade.
"The unprecedented turnaround in the lives of ordinary Rwandans has
not come about by accident, but through purposeful reforms and the
inspired leadership of Kagame, who is one of Africa's greatest
leaders. This is why I had no hesitation in nominating HE President
Kagame for the award," Thakkar said, in a letter to the World
Entrepreneurship Forum which was made available to this reporter.
Earlier this year, the Forum apparently decided to award President
Kagame, and contacted the President's office. But the award was
subsequently redacted for political reasons, chief being the fact that
the Rwandan President earlier in April during an interview with the
weekly magazine Jeune Afrique, directly accused France of playing a
direct role in Rwanda's 1994 genocide, one of the deadliest massacres
the world has experienced in recent history. A total of 800,000
minority Tutsis and moderate Hutus were slain in a four-month killing
spree following the assassination of Rwanda's Hutu president Juvénal
Habyarimana.
"My view is that whatever the prevailing political circumstances, the
World Entrepreneurship Forum should not to be dissuaded from
acknowledging the achievements of this remarkable leader. I have no
option but to return the award to you," Thakkar said in a letter to
the Forum.
Thakkar does have a reason to foster good relations with the
government of Rwanda. He and former Barclays Bank boss Bob Diamond
recently acquired a controlling interest in the commercial banking
subsidiary of the Development Bank of Rwanda (BRD), a bank owned by
the Rwandan government.
http://www.google.ca/gwt/x?gl=CA&hl=en-CA&u=http://www.forbes.com/sites/mfonobongnsehe/2014/04/28/african-millionaire-returns-world-entrepreneurship-award-in-protest/&source=s&q=African+Millionaire+Returns+World+Entrepreneurship+Award+In+Protest
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