Corruption and Waste Plagues AA Condo Development - ReportJanuary 30, 2017 - Ethiopian invested billions of birr in construction materials for the 20/80 condos over the last 10 years. However, lack of proper auditing has led to corruption and waste, according to Capital. According to a source in the Addis Ababa Housing Project Office (AAHPO) the office has been planning an audit but no tangible work has occurred as of yet. The Addis Ababa City Administration spent a total of 17 billion Birr to construct the residential units furnished with necessary amenities. Over the past ten years, the Addis Ababa City Administration was able to build and transfer more than 136,000 residential houses.

Source: Ethiopian News January 30, 2017 23:26 UTC