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Ethiopia: U.S. State Department Sanctions ex-Intelligence Chief, Getachew Assefa November 28, 2018

Posted by OromianEconomist in Uncategorized.
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Ethiopia: U.S. State Department Sanctions ex-Intelligence Chief

Ethiopia: U.S. State Department Sanctions ex-Intelligence Chief

The U.S. State Department is set to impose travel, assets and financial sanctions against the fugitive former Ethiopian Intelligence chief Getachew Assefa under the Global magnitsky act.

BY ANDUALEM SISAY | THE EAST AFRICAN/ TESFA NEWS

The US has imposed a travel ban travel and assets freeze on the fugitive former Ethiopian Intelligence head Getachew Assefa.

The sanctions follow the House of Representatives (HR) 128 Bill passed by the US Congress against Mr Getachew’s violation of human rights.

The request to the State Department was made by the House of Representatives’ Mike Coffman (R), who sponsored the HR 128 bill and finally got it passed by the Congress.

Gang Rape

Mr Getachew is accused for orchestrating the assassination attempt on the Prime Minister Abiy Ahmed in Addis Ababa during the rally called in support of the reformist leader. The charges against him also include crimes against humanity on thousands of prisoners across the country such as allowing gang rape of both males and females, torturing and killings using different techniques in secrete jails.

The US federal prosecutor recently indicated that many secrete prisons used for torturing inmates had been found in Ethiopia, seven of which were in Addis Ababa.

While about a dozen former intelligence officers were arrested recently, Mr Getachew, whose face was not known by the public, was reportedly hiding in Tigray region.

Reports show that billions of dollars have been stolen from Ethiopia and stashed abroad over the past few decades, mainly by officials who run political party mega businesses and their affiliates, including holders of foreign passports.

Illicit Money

Over $2 billion was reportedly stolen from Metal Engineering Corporation, owned by the military.

Ethiopia lost $11.7 billion in illegal capital flight from 2000 through to 2009, according to Global Financial Integrity report released in 2011.

More worrying, according to the study, is that Ethiopia’s losses due to illicit capital flows were on the rise. In 2009, illicit money leaving the economy totalled $3.26 billion, which was double the amount in each of the two previous years and more than its $2 billion annual export earnings at the time.

As Ethiopia went through political crisis and instability over the past few years, the amount of money that left the country was estimated to exceed far more than was the case in 2009.

Read more at TESFA NEWS

      U.S. govt asked to sanction Ethiopia’s ex-spy boss, Getachew Assefa,  Africa  news

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QZ: African Oligarchs: Africa’s political elites have built the same wealth plundering structures as the colonialists October 14, 2017

Posted by OromianEconomist in Corruption in Africa, Horn of Africa Affairs, Illicit financial outflows from Ethiopia, Uncategorized.
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Odaa Oromoooromianeconomist
AFRICAN OLIGARCHS: Africa’s political elites have built the same wealth plundering structures as the colonialists

The story of corruption in Africa is not new: tens of millions of dollars missing from Kenya’s ministry of health; billions in mining exports never reaching government coffers in the DR Congo; and cabinet members in Nigeria using bribes received in exchange for lucrative government contracts to buy condos in New York and Paris. Corruption is so endemic in Africa that even presidents have publicly expressed their helplessness in fighting the vice.

Yet, a new transnational report shows the systemic nature in which African oligarchs break down existing governance structures in order to loot national wealth. The investigation, carried by the African Investigative Publishing Collective (AIPC) in partnership with Africa Uncensored and ZAM magazine, shows how clientelism and favoritism have badly impacted the state budgets and economies in seven African nations.

Titled The Plunder Route to Panama, the report picks on the huge trove of leaked data from 2016, which showed the secret companiescontrolled by members of Africa’s political and business elite—including intelligence officials, court justices, and even the son of former United Nations secretary general Kofi Annan.

And instead of focusing on multinationals, who are often accused of plundering national resources, the report looks at the behavior of these leaders and their complicity in stealing taxpayers’ money, hindering investigations, and keeping millions impoverished. In most of these cases, leaders extract wealth from their countries and store it outside the continent, often going there for education, medical treatment, and holidays.

“African oligarchs do a lot more than accepting bribes,” AIPC notes. “What we unearthed indicated that these elites have, to some extent, morphed into the very colonialist plunder structures that they replaced.”

In Togo, for instance, the highly strategic phosphate sector is managedfrom the office of president Faure Gnassingbé—selling it to “whomever they want and at which price they want.” The widespread poverty in the west African country is now at the center of protests calling for Gnassingbé, who is in his third term, to leave office. In Botswana, AIPC says that president Ian Khama controls the lucrative tourism industry through the ownership of key agencies along with his relatives and friends, and funnels the returns to offshore accounts.

The situation is similar in Mozambique, where villagers in Montepuez region were violently removed from ruby fields licensed to generals and ministers. In Burundi, generals and powerful businessmen have developed patronage systems within the government—bagging contracts and exporting large caches of unaccounted for gold annually.

In Rwanda and DR Congo, the ruling party and family respectively, privately control and invest in almost all sectors of the economy. In DR Congo, president Joseph Kabila’s family—especially his siblings Jaynet and Zoe—has established a vast business empire that has interests in dozens of companies and brings in hundreds of millions of dollars every year. Crystal Ventures, the Rwandan Patriotic Front’s holding company, dominates the economy investing in everything from real estate to publishing and furniture trading.

Yet, despite hiding these monies in tax havens like Panama, cases of excess and pillage continue to lead to protests and action in African capitals. Many activists are increasingly demanding that laws and policies be enforced, and institutions change the way they behave. An example of this is the protests against president Jacob Zuma of South Africa, whose has faced allegations of corruption—and whose family members were linked to the Panama Papers.

 


Click here to read related article: Fascism: Corruption: TPLF Ethiopia: Inside the Controversial EFFORT