Tag Archives: Tax Evasion

Dutch Action Against Eritrea’s Charge d’Affaires is Unwarranted and Unacceptable

The designation of Eritrea’s Charge d’Affaires as persona non grata constitutes an arbitrary and provocative act that has no consonance with the Vienna Protocol on Diplomatic Relations

Eritrea is considering to take appropriate reciprocal measures against the Dutch government to partially redress the wrong.

BY MINISTRY OF FOREIGN AFFAIRS

On Tuesday last week, the Dutch Foreign Ministry expelled Eritrea’s Charge d’Affaires to the country, Mr. Tekeste Ghebremedhin, invoking untenable explanations for its unacceptable act.

The letter that the Minister of Foreign Affairs sent to the Dutch Parliament on the case indeed illustrates the banality of the whole affair. Continue reading Dutch Action Against Eritrea’s Charge d’Affaires is Unwarranted and Unacceptable

Ethiopia Accuses Allana Potash for Tax Evasion

Ethiopia’s Prime Minister accused the Canadian junior miner Allana Potash Corp. (TSX:AAA) of tax evasion. Allana Potash and the Israeli company that acquired its Ethiopia potash projects, denied the claim. 

By Kaleyesus Bekele | for Ethiopian Reporter,

Prime Minister Hailemariam Dessalegn on Monday accused Allana Potash, the Canadian company which was engaged in potash mineral exploration and development project in the Afar Regional State, of tax evasion.

In a press conference held in his office on Monday morning Prime Minister Hailemariam was asked about the state of the Ethiopian mining sector and the exit of prominent mining companies such as Allana Potash and Israel Chemicals Ltd (ICL). Continue reading Ethiopia Accuses Allana Potash for Tax Evasion

African Panel Ranks Ethiopia Top 10 in Illicit Financial Flow

“The people of Ethiopia are being bled dry. No matter how hard they try to fight their way out of absolute destitution and poverty, they will be swimming upstream against the current of illicit capital leakage.” – Global Financial Integrity (Picture: Thabo Mbeki, Chairman of AU high level panel on illicit financial flows (IFF))

By Lucy Kassa | for Addis Fortune,

African Union’s (AU) high level panel on illicit financial flows (IFF) from Africa ranked Ethiopia ninth from the top 10 African countries with high illicit financial flows from 1970 to 2008 next to Côte d’Ivoire and Sudan.

The panel, which was chaired by Thabo Mbeki, former South African president and comprised nine other members, released its report at Hilton Hotel on February 1, 2015. Continue reading African Panel Ranks Ethiopia Top 10 in Illicit Financial Flow