Over $51 Million Debt, Asset Seizure and Arrest: The Untold Story Behind Century Park Hotel’s Troubles

On June 4, 2026, RDB announced the temporary suspension of the hotel's operations, citing several issues, including failure to comply with hygiene standards, improper food storage practices, and other management-related shortcomings.

While many viewed the closure as a routine regulatory measure against a business that failed to meet required standards, the history of Century Park suggests that its problems run much deeper and are closely linked to the financial difficulties of its Chinese investor, Billy Cheung.

Cheung, who owns several investments in Rwanda and Uganda, is facing allegations of fraud and embezzlement. According to prosecutors, he owes creditors more than $51.6 million, as previously reported by TNT.

Due to unpaid loans associated with the Century Park project, BPR Bank moved to seize the property in accordance with collateral agreements that had been put in place.

Following the seizure, PwC Rwanda was appointed to manage the property while efforts continued to resolve outstanding debts and restore the business to stable operations.

Despite being placed under court-appointed management, Century Park continued operating, hosting guests, conferences, weddings, and various social events.

Information that emerged after the closure indicates that inspections uncovered several deficiencies, including poor food storage practices in refrigeration facilities, non-functional security surveillance cameras, and other operational weaknesses.

The closure of Century Park has affected not only its owners but also dozens of individuals whose livelihoods depended on the establishment.

According to information obtained by Igisubizo.com, more than 80 people—including employees, security personnel, chefs, food suppliers, and other service providers—have been impacted by the decision.

As authorities continue to assess the situation, the future of one of Kigali’s best-known hospitality facilities remains uncertain, with stakeholders hoping for a resolution that will safeguard jobs, settle debts, and restore confidence in the business.