Ethiopia and Zenawi’s gangster capitalism – By Abebe Gellaw

June 21st, 2009 Print Print Email Email

A couple of weeks ago, Sebhat Nega, the man who is credited to be the father of the Tigray People’s Liberation Front, flew to Washington DC to inspect whether the VOA Amharic service can join the self-congratulatory band of the tyrannical regime. (more…)

A couple of weeks ago, Sebhat Nega, the man who is credited to be the father of the Tigray People’s Liberation Front, flew to Washington DC to inspect whether the VOA Amharic service can join the self-congratulatory band of the tyrannical regime. In the course of his mission, he told VOA Amharic listeners that he was disappointed with the performance of VOA Amharic section which he referred to as a stable for dissidents.

In his interview with Addisu Abebe, he told us that the Endowment Fund for the Rehabilitation of Tigray [EFFORT], which is the multi-billion dollars business conglomerate that pays neither taxes nor services bank loans, was accumulating wealth for Ethiopia. “EFFORT is owned by the Ethiopian economy, but legally the wealth is owned by the people of Tigray,” he said with no sense of shame.


Corruption or endowment?

Despite the fact that Sebhat was in command of the fraudulent enterprise until he was recently replaced by the dictator’s wife, Queen of Mega Azeb Mesfin, he could not recollect the amount of wealth EFFORT has been accumulating since it started monopolizing the Ethiopian economy in 1995. But it is easy to guess when an illegal entity operates under legal cover without paying income taxes or serving bank loans. One can do a simple arithmetic to work out how much they have accumulated with the help of over eighty companies and underhand affiliate businesses for decades. Funnily enough, Sebhat told us that EFFORT, whom he admitted to be unrivalled for wealth in the wretched land, submits audit reports not to the Inland Revenue but to the Ministry of Justice as a non-profit organisation.

The old man, who is said to have become one of the richest public figures in the country, also claimed that EFFORT was investing throughout Ethiopia. Asked if he could list its investment portfolio outside of Tigray, he mentioned Jimma, where they have set up a coffee processing and exporting company, Akaki and no more. “It has construction projects throughout the country,” Sebhat claimed. He also did a disservice to the people of Tigray by smearing them that they collectively own EFFORT at a time when many decent Tigrians have been condemning the corruption enterprise.

As a flagrant Ponzi scheme, a systematic investment scam based on deception and grand promises, EFFORT is set up to make maximum profit at a minimum cost. But what makes the scheme so unique is the fact that it is illegally run like a nongovernmental organisation by hypocritical senior government officials, who punish small corner shop owners for tax evasion and poor coffee merchants for ‘hoarding’ a few quintals of beans while they are using their power and influence to extort the entire people of Ethiopia.

EFFORT imports and exports tax free, it takes out billions of birr from banks but hardly pays back flouting basic laws, it does not pay income tax, it has unlimited access to hard currency, it takes major federal and regional government contracts including construction at inflated cost and it dominates almost all sectors of the economy stifling the prospect of private entrepreneurship. It is simply a take-it-all and never-give-back scheme, the worst form of gangster capitalism designed to benefit a certain ethnic junta that is hurting the economy and poor taxpayers who are unwillingly funding one of this corrupt politically connected business enterprises swindling billions of birr annually. If the richest criminals do business and never pay taxes and bank loans, why do ordinary citizens have to pay to fund the criminality and luxurious life styles of a highly racist greedy political gang?

Albanian Marxists found a milk cow nation

During the height of political radicalisation in the 1970s, the handful of TPLF founders who fled to the jungle to start insurgency against the military junta in what turned out to be a protracted bloody and destructive armed insurrection, were diehard communists that declared that private property was the root of all evil. According to their 1976 manifesto, the aim of the TPLF was to liberate and establish greater Tigray as a communist pariah annexing territories from Amhara and Eritrean provinces.

Aregawi Berhe, one of the founders of the Tigray People’s Liberation Front, who was later purged and forced into exile by Meles and his inner circle halfway in the course of the insurrection, wrote an interesting paper that appeared in the Journal of African Affairs [2004, Vol. 103/413]. According to Aregawi’s paper, The origins of the Tigray People’s Liberation Front, the diehard Marxists even felt too comfortable with their blind extremism to form “an ultra-left ideological brand of Marxism-Leninism (Stalinism specifically) which culminated in the formation of a group called the Marxist-Leninist League of Tigray (MLLT) in 1986.”

As a matter of fact, the now defunct MLLT, whose chief architect and leader was the current guerrilla leader turned despot, Meles Zenawi, based its ideology on the teachings of the fiery Albanian communist ruler Enver Hoxha [1908-1985], who was actually a fierce critic of Stalin. What made Albanian communism more attractive than Maoism or Stalinism to Meles and his followers has been a subject of debate. But whatever the case was, it is still indicative of the fact that the clique in power is composed of extremists that have jumped from Albanian Marxism to crony capitalism designed to benefit the selected few.

In 1989 Meles gave a lengthy and revealing interview to TPLF’s pirate radio in which he toiled hard blabbering about the front’s ideology as well as Ethiopia’s “one-hundred year” history and how Emperor Minelik committed internal colonialism. In that interview, Meles asserted, among other things, that the purest brand of communism was preached and practiced only in Albania, which was then the only officially atheist pariah, strictly pursuing a closed-door policy. In Hoxha’s Albania, owning a private car was seen as a bourgeoisie luxury and listening to the BBC was an act of imperialistic sedition. As a follower of Hoxha, Meles believed that most Eastern European countries and the former Soviet Union were corrupt states ruled by revisionists who cannot be trusted during the final showdown between “moribund capitalism” and the pure communists like him. No wonder he still seems ideologically deluded as he has had a gruelling steeplechase in his tumultuous political life, jumping from Maoism to Albanian communism, from ‘revolutionary democracy’ all the way to embracing gangster capitalism.

As soon as Meles Zenawi and his remaining cronies, who are spared from his constant purges that appear to have turned the TPLF into a kind of private limited company, consolidated their grip on state power, they have completely abandoned Hoxha’s ideology. As in the era of feudalism, land has been a means of exploitation and control for the TPLF. As there is no government mandated to rule by the people, the TPLF, backed by opportunist political puppets it created in every province, owns, secedes, annexes, allots, sells and grants land to its cronies, Arab merchants and neighbouring countries.

Zenawi’s TPLF has made it no secret that military victory alone is not enough to sustain tyranny in Ethiopia. As a result of this paradigm shift, TPLF has now become a formidable racketeering force engaged in profiteering that controls all kinds of businesses in every sector of the Ethiopian economy. TPLF’s top guns, who have been appointed to run the party’s companies formed under EFFORT, which enjoys unfair preferential status putting private entrepreneurs out of business have allegedly amassed wealth beyond their wildest imaginations. As a result of TPLF’s cronyism, we have now genetically engineered millionaires that are politically connected to Meles and his inner circle.

To make matters worse, Meles grabbed another news headline a few weeks ago by appointing his wife, Queen of Mega” Azeb Mesfin, aka Lemlem Gola, to head TPLF’s business empire, putting EFFORT back into the spotlight once again. Azeb, who infamously bankrupted Mega, is also the head of the Social Affairs sub-committee in Meles Zenawi’s rubber stamp parliament that she controls on behalf of her husband. A couple of years ago, she appeared on a community TV show in America and told us that the Swedes called her and her husband the “poorest of the poor.” She added that her tyrannical husband, whom she claimed to hve a brain that can be sold in any market in the world, does not even know the colour of the nation’s currency that he minted let alone stealing money from the poor people of Ethiopia. The comical drama wasn’t actually nothing more than the Queen of Mega being poorly creative.

The origin of the legendary symbol of Zenawi’s corruption and ethnic cronyism, EFFORT, is as chequered as TPLF’s history. Long before TPLF came to power, the front had amassed a huge amount of asset collected for the war effort through various ways. Money and assets of captured or dead Derg soldiers, funds from external powers including, Arab countries, Libya, Sudan, Egypt and Somalia, TPLF businesses mainly based in Sudan, relief aid, banks and public offices raided in “liberated” territories… were among the many sources of revenue for the ethnic front. But the greater chunk to start EFFORT’s multiple companies came from bank loans that remain unlikely to get repaid as nobody has the audacity or the authority to send bills to Zenawi’s TPLF.

In his book Peasant Revolution in Ethiopia: The Tigray People’s Liberation Front [1975-1991], John Young noted that EFFORT began operations in mid-1995 “by taking non-military equipment captured from the Derg; it furthered acquired companies established during and after liberation by the TPLF, and also received limited financial contributions from supportive NGOs.” It is also worth mentioning that EFFORT took over public enterprises under the guise of privatisation. John Young further pointed out that “with its capital, bank borrowing, and a team of seven TPLF Central Committee members,” with correspondent MBAs from Open University, EFFORT was destined to be a fraudulent economic “powerhouse.” EFFORT was launched under the leadership and guidance of Meles Zenawi [Legese Zenawi] and his trusted cronies Sebhat Nega [Wolde Selassie Nega] Seye Abreha [purged], Arkebe Ekubay, Abadi Zemu, Yohannes Ekubay, Yohannes Kidane, Alemseged Gebreamlak [purged], Abay Tsehaye, Tewodros Hago, Shimelis Kinde, Atkilit Kiros et al.

EFFORT: a symbol of grand corruption

EFFORT now boasts to own a brazen list of numerous strategic companies that are being accused of using their political connections to skew the economy, bankrupting banks and engaging in tax evasion under complex “legal” covers to protect their privileged status. According to informed sources, EFFORT’s business portfolio, enterprises like Addis Pharmaceutical Factory, Guna Trading House, Meganet, Almeda Texitile Factory, Hiwot Agricultural Mechanization Plc, Ezana Mining Development Plc, Africa Insurance, Wegagen Bank, Trans Ethiopia, Sur Construction Plc, Mesfin Engineering, just to mention a few among over eighty companies, owe the Commercial Bank of Ethiopia, the Construction and Business Bank as well as the Development Bank of Ethiopia over six billion birr. As a result of TPLF’s insatiable greed, the banks financial health has been seriously affected causing inflation. To make matters worse, the companies do not pay tax that need to be emphasized despite the fact that they are engaged in profiteering businesses having the lion’s share of government contracts at federal and state levels.

Meles Zenawi’s decision to appoint his wife to lead the corruption giant EFFORT bankrupting and plundering Ethiopia, has been well-calculated and shows the intention of the dictator to closely monitor the money flow. The first head of EFFORT, ex-Defence Minister Seye Abraha, suffered in jail after openly challenging Meles’ absolute rule during the war with Isaias Afewerki. The main reason for Seye’s predicament was not corruption as it is an open secret that all the company running “directors” and their close associates have enriched themselves at the expense of the hungry stricken people of Ethiopia. Seye, along with his family members, was accused of corruption and pilloried in courts. In his defence, Seye read a 29-page statement in court in which he alleged that Meles was actually the one who had committed “high treason and grand corruption.” In fact, as an insider Seye knows better than any ordinary folks. So it is very hard to dispute what he alleged.

For now, the Queen of Mega is on the throne of her husband’s gangster capitalism that benefits the selected few at the expense of the suffering masses who sustain their lives with food aid and compassion from afar. That is the sad reality of Ethiopia which never goes away year after year. Meles Zenawi’s gangster capitalism is based on nothing but the economics of looting that defies every economic principle, equity, fair play and common sense. That obviously calls for challenge and scrutiny.

In his VOA interview Sebhat mentioned a very weird plan of the TPLF. He said the ethnic party would dissolve itself after it establishes “capitalism.” In other words, it will ultimately commit suicide after plundering and totally bankrupting the unfortunate nation. It may be a funny premonition but corruption is an act of suicide that ultimately brings down any government.

Whatever they claim, there is enough evidence to boldly claim that EFFORT, backed up by Tigray Development Association [TDA] and the Relief Society of Tigray [REST] which are also involved in businesses though not as large scale as EFFORT, is nothing but the ugly face of gangster capitalism whose foundations are thievery, cronyism, nepotism, discrimination, grand corruption, tax evasion and unbridled greed. And yet EFFORT is being promoted as the property of Tigray with a view to further alienating and smearing Ethiopians of Tigrian origin, the majority of whom are obviously as outraged as the rest of the nation.

Gangster capitalism, whose hallmark is excessive greed and primitive accumulation, enriches no one except a few repressive members of a club of gangsters who are destined to fall into the graves they been digging for the hunger-stricken nation. As the educationalist, Amos Bronson Alcott [1977-1888], said: “A government for protecting business only, is but a carcass, and soon falls by its own corruption and decay.”

The myopic leaders of the TPLF, the discriminatory ethnic party trying to impose slavish national obedience, may believe that EFFORT is accumulating wealth but in reality it is a disastrous economic and political liability that will remain an indelible blot which will inevitably go down in the history books to be passed down to generations to come.

That said, it leads us to a simple question. When will we have a decent government that works in the best interests of the whole nation? After all the idea of setting up a government at the expense of poor taxpayers is not to enthrone those who commit atrocities, division, discrimination and daylight robberies against a nation but to protect and promote the public good. It is the duty of a decent government to crack down on criminals, but if the government is run by a gang of criminals then it becomes the duty of ordinary citizens to expose and make concerted efforts to crack down on the repressive regime that has made our lives too unbearable.

EFFORT companies

http://www.effortgroup.org/companies.htm

· Azeb Mesfin on poverty and corruption

http://youtube.com/watch?v=gmEmryaheLk

· Sebhat Nega on VOA

http://addisvoice.com/mp3/Sibhat Nega on the wealth of TPLF.mp3

· List of some of the TPLF owned companies, Abbay Media

http://www.abbaymedia.com/TPLF_Companies.htm

· Development and change in post-revolutionary Tigray, John Young

http://www.addisvoice.com/article/Post-revolutionary Tigray John Young.pdf

· The origins of the Tigray People’s Liberation Front, Aregawi Berhe

http://www.addisvoice.com/resources/The_Origins_Of_TPLF.pdf

· First Lady makes it to EFFORT’s helm, Addis Fortune

http://addisfortune.com/First%20Lady%20Makes%20it%20to%20EFFORT’s%20Helm.htm

  1. kebede sheferaw
    | #1

    we all ethiopian know that EFFORT is controll the amount of 60% of the economy
    of ethiopia by the hand of tigrians they are planing to lead the ethiopian economy for ever will it be sucsses to them God knows let me tell you what they are doing know in all place of addis ababa they are forced all big or smoll markets even in the pastery house they have to pay the tax if they dont pay the bissnes will be closed did you know whay i tink the presedent barak obama blok the military fund and logestic aid to the tiriants melese Zenawee how come he cover the mony by not tuching the mony of EFFORT to pay to his dicattorial security and military monthly payment so he forced the poeple to cover what it cost to save his life from the poor ethiopians popel thanks

  2. artur
    | #2

    Being Albanian, I was interested in where the author got the information on Hoxha’s fierce criticism of Stalin.

    As a matter of fact, the now defunct MLLT, whose chief architect and leader was the current guerrilla leader turned despot, Meles Zenawi, based its ideology on the teachings of the fiery Albanian communist ruler Enver Hoxha [1908-1985], who was actually a fierce critic of Stalin. What made Albanian communism more attractive than Maoism or Stalinism to Meles and his followers has been a subject of debate. But whatever the case was, it is still indicative of the fact that the clique in power is composed of extremists that have jumped from Albanian Marxism to crony capitalism designed to benefit the selected few.

  3. Bedassa
    | #3

    Dear Ethiopians, Meles and his commrade in arms had a good opportunity to lead the country in to a prosperous future. But they spend their energy on parochial, micro and useless politics of hate, devide and rule kind of style. This was a plan to weaken the Amhara group and also the Oromos who are two dominant groups who could come to power easily. This is an old system at work by colonialists in Africa. But, Ethiopia needs all her citizen get equal opportunity and representation on the basis of a constitution adopted by the people. I think, the federal system, the language and identity issue are very important and they should be respected. Meles^s time is spent on cheating, killing, pretending as scholarly person by picking some terminologies and jargons from his white friends and admirers. He is good as orature but his position as a leader does not allow him to talk as a mad philosopher. He needs to keep his temper as not a leader of gorella fighters but a big nation. I think, Meles is too small to lead such a country in twety first century. If he would have been here during the colonial era, he would have built a big empire of blood and hate. May God firgive his crime. Now, weather his organisation takes Ethiopian money or not the Ethiopian people should be calmed down and should avoid unnecessary bloodshed. Those hwo serve under him from all ethnic groups might try to instigate ethnic conflict in this country, we have to prepare for that. Meles does not represent any ethnic group including the group he claims he was born into. He damaged the spirit, sanity and pride of all who knows him as an Ethiopian, a Tigrian, a northerner, a christian, a fighter for the freedom of a nation etc. He is taking our time unnecessariliy and spelt innocent blood. I suggest the Ethiopian people should forgive Meles and hsi criminal group officially and we have to work hard in the future to build a peace ful, democratic and a country to be governed by the rule of law. I suggest, a peace and reconcilation commission needs to be established and Meles need to hand over power for a transitional government and we should revise the constitution and create a federal Ethiopia be it on the basis of langauge or regions, according to peoples need. Let us talk peace, reconcilation and a new future. I beg those who want to triger genocide on one ethnic group, get nothing at the end of the road. Meles want this very much. We have to respect all Ethiopians. Thanks!

  4. Bedassa
    | #4

    To the web master, let any body speak why you guys try to control ideas. Be he Eritrean, Ethiopian no problem. Let us create a fora from every body to exchange ideas and we have problems but we cannot control everything.

  5. Melik Tesfy
    | #5

    I think, these thugs need alegal treatment beofre they get amensty. Now there are a lot of evidence of their crime and already Meles and Bereket will be tried in the Hague. The rest are simply useless zombies. I do not also afriad of ethnic bloodshed. The Ethiopian people know what have been done to each over the last 18 years.

  6. Dr G Bekele said,
    | #6

    TPLF Companies established between the years 1992-1997 Ethiopian Calendar. That is years ago. Did they have all these companies 18 years ago? No! If they deny this as well, let the oppressed Ethiopian people who are starving to death have them to save their lives. Is that a deal?

    Business that made their start up investment public.

    01• Almedan Garment Factory
    Est: 1995, Capital: 660,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Abadi Zemu
    02• Addis Engineering Consultancy
    Est: 1995, Capital: 10,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: Arkebe Ekubay
    03• Addis Pharmaceuticals Production
    Est: 1995, Capital: 53,000,000 Birr , H.quarter: Addis Ababa, Chairman of the Board: Abadi Zemu
    04• Africa Insurance Axion Association
    Est: 1995, Capital: 30,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: Yohannes Ekubay
    05• Almeda Textile Factory
    Est: 1995, Capital: 180,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Abadi Zemu
    06• Mesob Cement Factory
    Est: 1995, Capital: 240,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Abadi Zemu
    07• Mesfin Industrial Company
    Est: 1995, Capital: 500,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Arkebe Ekubay
    08• Sur Construction
    Est: 1995, Capital: 150,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: Arkebe Ekubay
    09• Trans Ethiopia
    Est: 1995, Capital: 100,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Shimelis Kinde
    10• Tesfa Livestock
    Est: 1995, Capital: 20,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Yohannes Kidane
    11• Star Pharmaceuticals
    Est: 1995, Capital: 25,000,000 Birr , H.quarter: Mekele, Chairman of the Board: Arkebe Ekubay
    12• Selam Busline
    Est: 1995, Capital: 10,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Tilma
    13• Sheba Tannery Factory Axion Association
    Est: 1995, Capital: 40,000,000 Birr, H.quarter: Wukro, Chairman of the Board: Abadi Zemu
    14• Segel Construction
    Est: 1995, Capital: 10,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Araya Zerihun
    15• Rahwa Yebegina Fiyel Export
    Est: 1995, Capital: 25,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Yassin Abdurahman
    16• Meskerem Investment
    Est: 1995, Capital: 40,000,000 Birr, H.quarter: Axum, Chairman of the Board: Tewodros Ayes Tesfaye
    17• Mega Net Corp
    Est: 1993, Capital: 10,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Alemseged Gebreamlak
    18• Hiwot Agriculture Mechanization
    Est: 1995, Capital: 25,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Yohannes Kidane
    19• Hitech Park Axion Association.
    Est: 1996, Capital: 10,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Shimelis Kinde
    20• Tana Trading House Axion Association
    Est: 1994, Capital: 50,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: Sibhat Nega
    21• Global Auto Sparepart
    Est: 1992, Capital: 26,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: Teklebirhan Habtu
    22• Fana Democracy plc.
    Est: 1995, Capital: 6,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: Negash Sahle
    23• Ezana Mining Development
    Est: 1995, Capital: 55,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: Tewodros H. Berhe
    24• Express Transit
    Est: 1995, Capital: 10,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: G/selassie Gidey
    25• Experience Ethiopia Travel
    Est: 1995, Capital: 26,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Tony Hiki
    26• Ethio Rental Axion Association.
    Est: 1995, Capital: 10,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Atkilit Kiros
    27• Dedebit Saving & Loan
    Est: 1997, Capital: 60,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Atkilit Kiros
    28• Dilate Brewery
    Est: 1995, Capital: 15,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Kahsay TewoldeTedla
    29• Dessalegn Caterinary
    Est: 1995, Capital: 15,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Dr, Maru Erdaw
    30• Berhe Chemical Axion Association.
    Est: 1995, Capital: 25,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Abadi Zemu
    31• Addis Consultancy House
    Est: 1995, Capital: 10,000,000 Birr, H.quarter: Mekele, Chairman of the Board: Sibhat Nega
    32• Birhane Building Construction
    Est: 1995, Capital: 10,000,000 Birr, H.quarter: Addis Ababa, Chairman of the Board: Bereket Mazengiya

    Businesses that didn’t make their start up investment public.

    33• Zeleke Agricultural Mechanization PLC
    34• Tikur Abbay Transport
    35• Ambassel Commerce
    36• Dashen Beer Factory
    37• Amhara Meleso MaquaQuam
    38• Biftu Dinsho
    39• Oromia Credit Bank
    40• Wendo Trading
    41• Tikal Agri Tigrai
    42• Trans Ethiopia
    43• Almeda PLC
    44• Sebhat Nega PLC
    45• Sor Construction
    46• Mesfin Industrial Engineering
    47• Saba Emnebered
    48• Berhan Building Construction
    49• Africa Insurance
    50• Hiwaat Afrp Mechanization
    51• Meskerem Investment
    52• Tesfa Animal Develpmnet
    53• Dinsho Share Company
    54• Express Ethio Travel Service
    55• Addis Transport
    56• Guna Trade Services
    57• Almeda Textile
    58• Tigrai Tagai Association
    59• Tigrai Development PLC
    60• Addis Intl. Trading
    61• Star Pharmaceutical Importers
    62• Adwa Flour Factory
    63• Radio Fana
    64• Shala Advertisement
    65• Wegagen Bank
    66• Computer Networking Technology
    67• Izana Minerals
    68• Martha Poultry
    69• Walta Industry
    70• Guna Coffee Exporters
    71• Sheba Leather Trading
    72• Brook Chemical Share Compnay
    73• Hightech Park
    74• National Electromechanical
    75• Express Transit Services
    76. Zeta Construction PLC
    77. Luna Export(Kera’) PLC
    78. Luna Vegetables Export PLC

    This list is about four years old and doesn’t account new business that were established since then. Now they must own everything in Ethiopia.

  7. kakee
    | #7

    Dr G Bekele you are mad Dr you need to chek your self

  8. Robele Ababya
    | #8

    Tis is a brilliant revealation of shocking plunder of national wealth. The question is what the rest of us were doing all these years and what is the practical strategy to end the life of TPLF.

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