Samuel Equale , suspect police linked to a 5.2 billion birr illegal business (Photo : EBC)borkenaEthiopia’s Federal Police on Wednesday said it has arrested a man with a 5.2 billion birr illegal business and money exchange services in the capital Addis Ababa. Police say he has been using the legal business license as a cover to illegally circulate cash and provide black market money exchange services. The National Bank of Ethiopia recently rolled out a reward program for individuals who anonymously inform about illegal money transfer and exchange services. This week, Prime Minister Abiy Ahmed said it is his government’s priority to crackdown on corruption and economic sabotages including illegal money exchange and transfers. __To share information or for submission, send e-mail to info@borkena.comTelegram Channel : t.me/borkenaBusiness ListingJoin the conversation.

Source: Ethiopian News October 27, 2022 03:11 UTC