Michael Iatrou was born in Agios Efstratios in the 1900s. In 1925 he immigrated to Congo and in 1944 he moved to Bujumbura in Burundi where he was involved in trade activities along with his brother Aristotelis. He was a prominent member of the local Greek community.
In 1961, Iatrou and seven other people were accused for the assassination of the prince Louis Rwagasore who had won the election a few months earlier. He was arrested and sentenced to imprisonment for 20 years. However, in 1962 the decision was changed and Iatrou was sentenced to death. On January 14th 1963, he was executed.
Fifty years later, a Belgian reporter found out that those who organised and carried out the assassination were Belgian politicians who were against the independence of Burundi.