UPDATED– The Revenue Ministry of Ethiopia today announces arresting 105 traders suspected of tax fraud amounting 14 billion birr (about $496.5 million). Most are importers and wholesalers.
By Col. Jamal Ahmed [OPINION] – Last night on the state broadcaster, Ethiopian Television, I saw an commercial kind of short drama sponsored by a certain agency established to fight financial crimes in Ethiopia. It was about how people are engaged in money laundering and setup legal businesses using stolen cash and their relatives.
By Andualem Sisay Gessesse – China and the United Arab Emirates (UAE) are the major sources of fake invoices importers in Ethiopia are using, says Ethiopian Revenue and Customs Authority (ERCA).