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More fake gold found in Ethiopian bank

Why doesn’t BBC investigate the illegal shipment of tones of gold bars from Ethiopian gold mines directly to London by Al Amoudi, in collaboration with his business partners, Azeb Mesfin, Sebhat Nega and other members of the Woyanne crime family?

bbc

By Elizabeth Blunt
BBC News, Addis Ababa

Ethiopia’s national bank has been told to inspect all the gold in its vaults to determine its authenticity.

It follows the discovery that some of the “gold” it had bought for millions of dollars was gold-plated steel.

The first hint that something was wrong reportedly came when the Ethiopian central bank exported a consignment of gold bars to South Africa.

The South Africans sent them back, complaining that they had been sold gilded steel.

An investigation revealed that the bank had bought a consignment of fake gold from a supplier, who is now under arrest.

Other arrests followed, including business associates of the main accused; national bank officials; and chemists from the Geological Survey of Ethiopia, whose job it is to assay the bank’s purchases of gold and certify that they are real.

But what has clearly now got the [fake] government even more worried is that another different batch of gold in the bank’s vaults has also been found to be fake, and this time it was gold which had been there for several years, after being seized from smugglers trying to take it to Djibouti.

Mining

Ethiopia’s [fake] parliament ordered the inspection of all gold in the national bank’s vaults.

A report from the [fake] auditor-general on the affair is expected to be presented to [fake] parliament during its current session.

Gold is mined in Ethiopia in considerable quantities, and a trader selling gold to the central bank has to have it tested and certified by the Geological Survey.

Whether the bank bought fake gold in the first place, or whether real gold from the vaults has been swapped for gilded steel, the fraud has cost the bank many millions of dollars, and it must have involved collusion on a considerable scale.

23 thoughts on “More fake gold found in Ethiopian bank

  1. What do you except from a fake government a real thing? No way. If you have a fake government you will have a fake Democracy, a fake economy every thing is fake fake ………..

  2. Meles’ close relatives have done the swaping of Gold bullion nuggets to gold plated steel. Everyone knows the tricks Meles and his friends are playing, no one is fooled.

  3. It all points to Woyane, Meles, and all the TPLF gang that has been looting Ethiopia’s treasury since 1991. This fake government, whose main aim is the strngulation of Ethiopia, and the transporting of everything valuable to Tigrai, is responsbile to this scandal. In the United States, a highly accomplished governor had to resign because of dealing with prostitutes. In Ethiopia, murderers, thieves, brigands, criminals are leading a country of 80 million people at a point of a gun! Someone has to do something soon with this band of criminals!

  4. Hey, Leban leb biserkew min denkew. All of them the Crime family are leboch. One day The Ethiopian people, we will bring them to justice. “Eyeterf Gif Le Ze Edmehu Gondey, Isreal Le Feron Esme Atsorwo Mye.”

  5. Who knows Meles and Al Amoudi may have put the gold-plated steel in the bank and instead took the real gold from the bank. They have been looting the wealth of the country for almost twenty years for their own selfish gratifications: they sold land from Gondar to Sudan; they robbed the Church of its golden crowns, paintings, and artifacts. And now they are robbing the Bank of Ethiopia; next they will go to the Ethiopian Museum and steal one of the oldest and the most expensive human remains – Lucy or Dinknesh in Amharic and sell it for millions of dollars. They are doing such things because they know their times have come to an end, so they have to steal as much money as they could from Ethiopia’s scarce resources.

  6. This is the economic development and the “Hidase” chant of the millenium. Denqem Hidase !!!!!!!!!!!
    who is this guy who talked about Dinkinesh? you don’t have idea that woyanes rented out Dinkinesh for prostitution to America. She is in American Museum now. So nothing valuable in the Museum either.

  7. As if justice can not chase them and think they would always remain above the law of the justice, the crimefamily is running for the scramble of the resources of Ethiopia.

    Based on the rule and the regulation of the crimefamily, every single member of the notorious mafiafamily can do whatever he or she can as long as the opportunity space exists.

    Since the crimefamily came into Ethiopia with no money in their pockets but with a lot of guns, germs and bullets, countless Ethiopians have been murdered,infected and a great deal of resources have been looted. Today, what is there and what is left is nothing but Gold-plated still and crime-ridden mafiafamily.

    For many years, the members and associates of the crimefamily have been engaging in anti-ethiopia destructive activities ranging from stealing valuable treasures, looting and selling historical artifacts, passing on classified national security doccument to Egypt and other natural and historical enemies of Ethiopians and Ethiopia, and also have been actively promoting ethnic violence leading to creating mistrust and avenge and revenge among the ciizens all over Ethiopia to fascilitate their capturing of the nations’ beloved motherland, Ethiopia.

    As they dreamed, they created the opportunity to kill and rob Ethiopians. Everybody knows that the meles Naziawi regime is for the crimefamily and God and peoples’ elected democratic leaders are for all of us and for Ethiopia.

    Will the crimefamily be captured dead or alive? The answer is positively yes.Even, that little termite, Azeb the wife of Meles Naziawi is nibbling ethiopia to her sad death. when this termite goes out for shopping, she paranoid and anxiety ridden tiny sucker; as if she is lucky and born in a rich and famous family, she spends thousands of dollars on bi-monthly basis with no thinking tomorrow is the day that she will end up in a jail for the rest of her life, when Ethiopia is fully taken into the caring hands of millions of Ethiopians.

    The sharp rise of inflation, the looming looting of the resources, and the killing of innocensts, the corruptions, and deception, and everything and anything of the crimefamily have totally overwhelingly shocked millions of Ethiopians, as we speak.

    The good news is, the criemefamly, for sure will be captured and get punished according to their filthy crime.

  8. this clearly shows how those super rich woyanes are getting their money,while others are starving to death! Eliyas wouid you atach some of the picture with news.

  9. loooooooooooool,
    fake-auditor to inspect fake-gold and present his fake-finding to the fake-parliament controlled by the fake-government under the fake-EPRDF.

  10. I am sure the Bandits of Dedebit (the Woyanes) have swapped the genuine gold that was deposited in the national bank with the fake one and smuggled it out of the country. The Dedebit Bandits know well that their days are numbered and are stashing money away in foreign banks and smuggling gold out of the country. These scoundrels are working day and night to destroy Ethiopia and break away Tigre province and create Tigre Republic which they have been dreaming of for over thirty years now.

  11. Congratulations supporters of Melese Zenawi,

    Here is a very smart leader of yours who is stealing also the wealth of the Ethiopian people.Here is the clear evidence of your smart leader who is well trained to steal and kill.What do you say now?

    Your smart leader of yours has appointed auditors in the ministry of mining and who are from DEDEBIT.They can fool those who are from DEDEBIT but they cannot fool the international community.The leader of your generation has forgotten to assign a Woyane audit in the international market and in every country so that they could accept the fake gold of Melese Zenawi.Your leader is the lier and at the same time the leader of the international crime gang.

    It is true finally there will be some HODAMOCH who will be the scapegoat of this mishappening.What do you say supporters of the fake gold seller,Melese Zenawi?It is true that you will say it is not Melese who did the crime.It is his dirctives that led this fake sellers of gold be in the trap.It is true finally the master planner of this crime will not be caught.He has his own rules and regulations.Those regulations should be binding to the subordinates.If something leaks it is the one who is in the position to be hanged.

    Well what do you say of the economic growth of Ethiopia?The bank which is telling us the growth index is selling fake gold and storing fake gold bar.The same bank is telling us the economic growth index.Melese Zenawi your leader proclaim in the parliament the economic growth of Ethiopia.All fake.The gold fake.The index fake.The leader fake and criminal gang.The Ethiopian National Bank stores fake gold bar.Our wealth is finally fake and the most admired leader and USA planted stooge leader will fly where he kept his real gold.Even you supporters will remain empty handed and just clapping the air.

    Enjoy your fake leader and the fake gold bar.Enjoy Melese Zenawi who will be icon of shame to Ethiopians and to the Africans and to the black race.This is a record in the history of the world.This is the first leader in history who steals the wealth of his country that he is leading.

  12. Most people think that those arested are guilty of gold froud.
    The chemist tested the gold and send it to the proper place to store, do you ever think for how long those gold bars are stord? and who has an access to the storage after working hours and weekends?

    Do you know that all gold smiths of Ethiopia are Tigrians from the town of Axum who has skills to replace or duplicate the real gold with the fake?

    If there is no trace of the gold at forigen markets,think where the real Gold bars are? Haaaaaaaa

  13. look hailu shawel dictatorship we are not organized dont blame always woyane sometimes we have to be blamed 15 years woyane in power we dont have a clear vision to be frank with you the so called doctors professors did nothing except few of them yu have to be orgnize world wide unity strength be real woyane i hate him sometimes i love woyane better than hodam amhara yu dont understand woyane fooling you democracy yu think woyane leave power easy dreammer never ever ever ever

  14. I was in Addis Ababa, some hours ago. Meles was giving a press conference on money laundering. He said BILLIONS BILLIONS OF FAKE ETHIOPIAN BIRR WAS MADE AND SMUGGLED INTO THE MARKET. HE WARNED THE PUBLIC NOT TO TRANSACT WITH THIS MONEY.
    HOW ABOUT THAT. YOU are worried about a few millions of Gold. How about the economy and the laundering of fake money with the Ethiopian currency. That will literally kill the down troden and the destitute.
    Meles et al. are in the palace.

  15. Meles is not an enemy but a nazi to kill our children in day light; rob the bank in day light;smuggle the treasury with Al Moudi in day light; Money laudry in day light; Print false money and smuggle the real money to Mekele and the Foreign currency to Denever et al. etc etc. He still is a despot and LIFE PRIME MINISTER AND KING OF ETHIOPIA. Our enemy Grazini left in 5 years but the Tigrean Graziani is 17 years old now and wants to rule life time undisputable. Has the country not ready to produce one HEROIC who could liberate us from this yoke of thugs. I cry for mercy

  16. The fake gold bars are estimated to be in the neighborhood of 8340 woth about US3.3 billion. That’s a staggering amount for a poor country like Ethiopia.

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