Karuturi Flower Farm in Naivasha has started negotiations for an out of court settlement with its creditors. The move is expected to kick-start the revival of the flower farm which was put under receivership in 2014.
Des associations de la communauté anuak exhortent les gouvernements éthiopien et indien à arrêter leurs négociations avec Karuturi Global Ltd et à faire en sorte que l’entreprise quitte définitivement Gambela et les autres régions d’Éthiopie.
Anuak organisations, with the strong support of international civil society, call on the governments of Ethiopia and India to cease negotiations with Karuturi Global Ltd and to ensure that the company fully exits Gambela and other parts of Ethiopia.
The Ethiopian Horticulture and Agricultural Investment Authority says it is negotiating with Karuturi Global over a request to continue operations in Ethiopia, after long disagreement with the company about its 100,000 hectare farm project in Gambela Region.
High Court says Karuturi's Honorary Consul of Ethiopia status does not provide immunity from tax authorities and says he violated the sanctity of the consulate by carrying on his other business activities on the premises.
Claiming to have made an investment of US$75M and created 4000 jobs, Karuturi is not only appealing for the release or re-export of its properties but to sue Ethiopian officials hereferred to as “responsible” for violations of rights of a foreign entity.