ESAT News (August 23, 2017)
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Bank accounts of corruption suspects who run multi-million dollar projects show only few thousands of dollars in balances, according to a source, who said the money might have been sent offshore.
ESAT learnt that the largest money available in the balances of the over 50 suspects was about 15,000 dollars. The assets and bank accounts of the suspects have been freezed by the authorities when the crackdown against them began last month. 56 businessmen and officials have so far been put behind bars accused of squandering and pocketing millions of dollars.
Balances on the bank accounts of Aser Construction shows only about 4,500 dollars. Aser is a share company established by a group of engineers, with the main shareholder being Arkebe Oqubay, a member of the inner circle of the TPLF, who, as a board member of the Ethiopian Airlines, has allegedly awarded Aser millions of dollars contracts for the construction of condominiums and other airport constructions.
The accounts of DMC Construction and Yemane Girmay Construction show about 6,500 dollars. DMC Construction, owned by Daniel Mamo, is allegedly a business partner of Prime Minister Hailemariam Desalegn, who ESAT’s source said has helped Daniel Mamao get the awards of several construction contracts.
The largest balance was on the accounts of Gemshu Beyene Construction, which also owns the Elilly International Hotel in Kazanchis, a company associated with Abadula Gemeda, the Speaker of the House and Sufian Ahmed, the former minister of finance.
Last week a travel ban was imposed on high level TPLF officials, family members and accomplices suspected of embezzlement, according to ESAT’s sources.
The campaign against corruption did not lay a finger on higher officials of the TPLF who are widely accused of pocketing millions of dollars, casting doubt if the regime is really serious about wiping out corruption. Some believe it was just a show while others say it was an indication of the internal crisis within the TPLF.
Transparency International in its recent report says illicit financial flows continues in 2016 and money from corruption could make it even higher. According to Global financial Integrity, Ethiopia lost US$11.7 Billion in Illegal Capital Flight from 2000 through 2009.
Recent studies by Transparency International also show that Ethiopia is among the top ten African countries by cumulative illicit financial flows related to trade mispricing.
********************************************************************************Ethiopia: Inter-regional bus transportations disrupt ahead of strikes
ESAT News (August 22, 2017)
Bus transportations to the Oromo region from the rest of the country disrupted ahead of the five day stay at home strikes in the region that begins tomorrow as the regime deploys massive troops.
Buses serving the oromo region have been parked at stations in Addis Ababa, Bahir Dar and in a number of towns today. Buses that were scheduled to leave the Oromo region were also disrupted. Passengers to the Oromo region were seen receiving refunds at the main bus terminal in Addis Ababa.
Reports also show that security forces blocked a number of highways connecting towns in the region.
A five day stay at home strike has been called in the Oromo region to demand the release of political prisoners and in memory of those who lost their lives at the hands of security forces in protests last summer. The strikes were also called to oppose tax hikes recently imposed by the regime.
