While some bills seem to be intended for consolidating political power and bolstering security measures to protect the government’s power, others seem to be intended for preventing crimes. The latest one that was transferred to the parliament is a bill that gives power to the Minister for Justice or the Minister’s representatives to freeze assets for three business says. According to the BBC Amharic report, published on Thursday, the draft bill indicated that the asset freeze order would be given if the Ministry believes that the asset to be frozen could flee the country or lose its economic value. The Minister for Justice will have to seek a court order after three days or the ministerial asset freeze order will be ineffective after three days. On the other hand, when the asset freeze request is presented to the court, the asset will remain frozen until a court ruling on the matter.

Source: Ethiopian News June 14, 2024 09:41 UTC