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ETHIOPIA: IS TPLF GOVERNING OR EXPANDING IT’S CORRUPTIONS EMPIRE? September 5, 2013

Posted by OromianEconomist in Colonizing Structure, Corruption, Dictatorship, Economics.
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The tyrannic TPLF group since seized power in 1991 has clearly engaged in massive corruption and unethical business practices without any constraints by national or international business rules. As a ruling force, it not only owns strategic sectors of the economy and engages in commercial and trading activities, it also puts  private sectors those are outside its space of armed robbery in a hopeless no-win situation. The muscled economic dominance  through such massive scale corruptions  and brute forces has also been  used as a political weapon to harass, incarcerate, dominate, weaken and control its political opponents  to maintain its corruption empire for ever. The TPLF, the core corruption force in the present  Ethiopian government, has transformed the  economy from State ownership of the  pre- 1991 to TPLF & Tigrayan elite private ownership  by buying investment assets formerly owned by the government of Ethiopia. ‘At the same time, the TPLF has also started a huge investment program of its own through sham corporate structures.For example, the TPLF controlled Endowment Fund of Rehabilitation of Tygrai (EFFORT) is a conglomerate with an asset estimated well over a billion Ethiopian Birr involved in business investment in all aspect of the Ethiopian economy.’

QEERROO

Firehiwot Guluma | Sept 4, 2013

Firehiwot Guluma TezeraSince the dictator TPLF seized power, it has been clearly engaged in massive corruption and unethical business practices by national or international business rules. As a ruling party, it not only owns strategic sectors of the economy and engages in commercial and trading activities, it also puts competing private sectors in a hopeless no-win situation. This preponderant economic dominance is also used as a political weapon to harass, incarcerate, dominate, weaken and control opposition forces in order to stay in power indefinitely.

The TPLF, the core political power of Ethiopian government, has transformed the Ethiopian economy from State ownership to the private ownership by political parties, mainly the TPLF, by buying investment assets formerly owned by the government of Ethiopia, as prescribed by the World Bank Report and political coercion by the United States Government. At the same time, the TPLF has also started…

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