Those are the CRIMINALS this Law is TARGETING. unfortunately, MOST of you are SO blinded by HATE. You twist words to fit your NARRATIVE. If you haven't done anything ILLEGAL then there is NOTHING to worry about. It's people who have connection with the Gov that usually make millions in a very short time. The Gov made it clear this DOESN'T apply to Diasporad, but you ALL BSing like always. NOW any thief caught you ALL will claim it's cause he is Amhara or Otthodox or Tigray or Oromo or anti gov....but he can NOT be a criminal. So tell me who is committing these financial frauds? Foreigners? It's Ethiopians enabled by CORRUPT Gov officials
@@AyalewAlemu-m5ybut he used the funds to build infrastructure in Addis Abeba. Tell me another Gov official that has done the same. PM not only used so called Arab money, but used his OWN $ to improve lives in Addis. HATE BLINDS YOU.
The government says for diaspora either transfer your hard currency via Banks or seizure your property. For Ethiopians the end justify the means.
@peter-f7z3 ай бұрын
Before drawing your conclusion, let's consider the public perspective to avoid confusing the audience.
@lemlemnegusse20073 ай бұрын
ሰዉ ለፍቶ ባጠራቀመዉ ገንዘብ እንዲሁ ሊዘርፍ ወጥትዋል ማለት ነዉ
@peter-f7z3 ай бұрын
This proclamation may gain majority support . No doubt
@Adeleq20113 ай бұрын
No, It doesn't been majority support, it is a dirty political tool, the implementation plan is already completed and the 'Writing is on the wall for PP'. ገባህ ግን?
I the past, the govt was working hard to force cash hoarders to move their money into banks. This law will undo that trend and will cause people to keep their money at home. The diaspora will continue to send the money to their families as they always do without any effect on the black market. The only change will be that families will receive cash directly from the local dealers instead of depositing the remittance in the receiver's bank account. This will cause more birr sitting in households instead of bank accounts.
@sofanitemillion60933 ай бұрын
Another point is, the US diaspora send money through legally licensed agents in the USA. There is nothing illegal with sending money through such agents that offer higher exchange rate. Neither the sender in the USA nor the intended receiver in Ethiopia has committed an illegal act in the exchange and transfer of the money. The is no legal responsibility associated with the sender or the receiver regarding where the dollar exchanges ends up in the exchange process. The only legal obligation is to ensure that the money remitted is not paid to a terrorist group or an illegal group or entity. If the Ethiopian govt wants to control the black market in the country, their focus must be the local dealers instead of the legal senders in the US and the poor legal receivers in Ethiopia.
@sofanitemillion60933 ай бұрын
What if the current owner of the property is a second owner, third owner, forth owner, etc., who purchased the property from the original or subsequent legal owner of the said property that was originally built and sold by a corrupt official or any other person of interest?
@gadi65633 ай бұрын
The last person is responsible to show his evidence like how did he make his money to buy his or her house
@hello-si7gq3 ай бұрын
Is this law retroactive? I paid for a condo 1 million birr 12 years ago. Will this law affect my condo?
It is true. I agree with the man, who said the burden of truth is on the clients. The ball is in their side. The client is doomed to lose.The winner is always the powerful. The loser is always the victim. The powerful continues to victimize. The victim continues to be victimized. Life had never been fair. The food chain is real example. Remove from your mind the concept of justice. Justice doesn’t not exist. Don’t hold expectations of Justice, that would never be realized. Justice is not the design of life.
@teddygirma51353 ай бұрын
ኤርሚ እዉነተኛ ኢትዬጲያ ። ከዘቀጠ ዘረኝነትና ጥላቻ ድርቶ የማያዉቅህ ንፁህ
@Snowy-vn1ez3 ай бұрын
by definition he can't be ዘረኛ because he belongs to two tribes oromo and amhra. i belong to 5tribe i don't have single ethnic sitznship hahaha 😂
Above all this will affect those who engage/d in illegal money transfer to create assets in Ethiopia, above all corrupt TPLF time officials are among the most vulnerable which seems fair
@isaakalem39023 ай бұрын
Donkoro
@teklejirane46583 ай бұрын
@@isaakalem3902 it has been reported that every year 11 billion USD has been snatched from Ethiopia during the TPLF Administration. We owe to return such resources whether you like it or not. It seems you are worried, because ???????
@isaakalem39023 ай бұрын
@@teklejirane4658 pp comedy party fooled everyone by fabricating story. Kkk medemere kkkk what about now. Is he still in medemere. Pp is dustbin party