The Ethiopian Customs and Revenue Authority recently stepped up its moves to commence seizure of foreign currencies and valuables in excess of 3,000 dollars. Akpan said that the rule on the forfeiture of undeclared valuables applies to all passengers travelling to Ethiopia or transiting, including the prosecution of offenders of money laundering in line with Ethiopian Laws. Akpan said that the Embassy of Nigeria in Addis Ababa was engaging the Ethiopian authorities to secure the release of undeclared monies seized from Nigerians. In January, the Embassy and Permanent Mission of Nigeria in Ethiopia had earlier informed Nigerian travelers on the seizure plans of excess currencies by the Ethiopian Authorities. The information prior was aimed at safeguarding Nigerian travelers from having their monies and valuables confiscated by the Ethiopian authorities.

Source: Ethiopian News June 29, 2019 09:22 UTC