During those 27 years Rene had amassed a fortune; some say
in the billions of dollars. Political commentators claim that his assets are
scattered all around the world, including many offshore companies and bank accounts
in the BVI and Switzerland.
A couple of months prior to his announcement of retirement,
a company named Capricorn Estate Ltd leased a plot of land B2311 that is over
80,000 square metres for a sum which works out at just slightly over SR2000 a
month at Anse Polite. The Rene clan had already transferred over 30 plots to
them from the Government. Because of its huge size it appears that Albert Rene
had to hide behind not just one company but two. The main shareholder of
Capricorn Estate Ltd is another company called Katiti Properties (PTY) Ltd. The
majority shareholder of Katiti properties is one F.A Rene. Is this what he
meant when he talked about liberation and delivering us out of the darkness?
Not to be outdone, his wife, a few years earlier transferred
3 plots of the most prime land on the beach of La Digue from the Government of
Seychelles to one Sarah Zarquani-Rene of Anse Reunion; LD1110, LD1112 and
LD1510. The main plot LD1112 was transferred for peanuts at only SR36,000; most
probably ink on paper as opposed to actual money transferred. Corruption is
defined as the abuse of entrusted power for private gain. Is this corruption?
And are these some of the reasons we got liberated? As will be evident this is
just the tip of the iceberg!
