Ethiopia lost $3.4 billion through capital flight in 2010 – University of Massachusetts
Ocotber 30, 2012 (University of Massachusetts) – In a new report released this month, the University of Massachusetts at Amherst revealed that Ethiopia loses over a billion dollar every year through capital flight and in 2010 alone, USD $3.4 billion vanished. It is not secret who the thieves are. Number one among them is Azeb Mesfin, wife of the late dictator Meles Zenawi. One brazen theft that Meles himself talked about is the disappearance of 10,000 tonnes of coffee. Other well-known thieves who are looting Ethiopia’s treasure are Mohammed Al Amoudi (TPLF), Berhane Gebre-Kristos (TPLF), and Sebhat Nega (TPLF), just to name some of them. Read the full report here.
– Full Report - Capital Flight from Sub-Saharan African Countries
When you add total wealth of Azeb with the sum of $$$ she inherited from her dead husband, she ranked number 1 followed by Alamudi! And if you add all $$$ looted by TPLF individuals, it might exceed what Gadafi had collected throughout his life.
I wonder why they don’t copy Chinese corruption law, instead of cadre training!
yabat says:
17/10/2012 at 5:13 pm
Let us wait and see what will happen to this lady like what has happend to The Tunsian leader Bin ali’s wife – her name was laila and she owned 45% of Tunsian wealth in cash and property, She lost the game with her 11 brothers being protected by palace employed 900 000 security police which melted away with the revolution.
Egyptian leader’s Huseni mubarak’s wife(her name is suzane mubarak) also owned about 41 billion US dollars with her husband and two sons being protected by two million security police-they are called poitical police which also melted with the Egyption Tahrir square/freedom squrae revolution.
Azeb and the TPLF wolves may think they can get away with these theft and mischief but trust me they are not big than Gadaaf or MUbarak or even Hitler they will be accounted by the people/Oromo and others, they are looting now and International court and community.
YOu are right DR Abdi Oromo