Shameless for ‘money’: Why is TPLF robbing without any remorse Ethiopia in general and Oromia in Particular??
TPLF transferring that cash cow Ethiotelecom to private companies established by its own members. I saw this coming when I read a document from Debretsion’s leaked emails. I alerted those whom I thought could step in and prevent it. Basically these new ‘private’ companies are being established by capital from Ethioelecom itself. TPLF members working for Ethiotelecom ‘leave’ and lead the ‘private’ company. There was another one before this G2G. It is called Hidase telecom. Every penny, cars, offices used to establish that company was given to it by Ethiotelecom. This is a systematic way of transferring state own companies to Tigrean elites in the name of privatization. They have been doing this aggressively since 1995
Established with zero capital of its own 5 years ago, Hidasse declared 85 million profit last year. Founders were all TPLFites and former employees of Ethiotelecom. So were hundreds of the initial employees who became share holders without paying penny. Given how hard he pushed for establishment of this company I strongly suspect Debretsion has huge personal share in this company. G2G is the newest scam in the process of transferring Ethiotelecom to private hands without the state and people getting any payment as supposed to be if privatized officially and openly. Any one with more info on G2G, please pass it.
Here is how Hidasse Telecom was established by Ethiotelecom’s finance then portrayed as ‘share company. Same thing with G2G.
MILIYOONA 250 moo miliyoona 200 fi miliyoona 50 …. maal jechuudha..