ESAT has continued
exposing the unbridled corruption by officials and high brass military officers
of the oligarchy in Ethiopia.
Gen. Samora Yunus, the army chief of
staff has built a number of real estates in the capital Addis Ababa and in
Tigray. The General, under the name of his wife, imports duty-free all his
construction needs via the government run Metals and Engineering Corporation
(METEC). METEC has been at the center of a recent corruption that incurred loss
to the government in the amount of close to 4 billion dollars.
Sofia Mall, named after
the General’s wife, is located in the capital Addis Ababa in the subdivision of
the city known as Kera. The mall has several business as lessees and generates
millions of dollars every month.
Sofia owns an import and
export company that does business unlike its competitors who pay skyrocketing
taxes on their import and export. According to sources, the company imports
construction materials using METEC as a shield and is engaged in multi-million
dollars real estate development both in Addis Ababa and Tigray, where the
couple hail from.
The General’s monthly
salary is about 6000 birr (300 USD). Ethiopian Generals and other high brass
officers and their cronies have amassed huge wealth and use different alias to
cover the true owners of the properties.
ESAT News
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