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Yakume
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Joined: 08 Apr 2012, 13:52
Location: Abyssinia

Ethiopian Central Bank freezes accounts of 392 Individuals

Post by Yakume » 07 Oct 2022, 07:25

The National Bank of Ethiopia ordered banks to freeze the accounts of over 392 individuals accused of trading foreign currencies in the parallel market. Most of them are Oromo and Amhara who used to work in foreign exchange trading and black market. Some Eritreans may be in the list.

Yinager Dessie governor of the central bank, has confirmed that their assets have been frozen and the case is now under investigation.

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