Skip to content

Endowment Fund For Rehabiltiation of Tigray (EFFORT)?

Posted on

I followed Ato Gebremedhin Araya’s interview on Tinsaye Radio (May 24) based on Abaye Tsehai’s recent interview with Dimtsi Woyane.

The claim by Abaye Tsehai that TPLF has been a fighting and business force that profited from business deal early in the struggle was exposed by Ato Gebremedhin Araya from his own account serving in the finance department of TPLF.

The drought of the time and the international aids and money was a God given fortune from heaven used by the leaders of the movement to collect and amass fortunes in the name of Tigray.

Gebremedhin confirmed to us that talk of business in Sudan before this drought was lie and TPLF top leaders used it to camouflage the properties they confiscated after they controlled power in Ethiopia.

EFFORT he said is a conglomerate of 80 companies under the control of the top TPLF leaders that is monopolizing the country’s business and it is Ethiopian people wealth.

Neither the The Tigray people nor ordinary member of TPLF are the owner of the EFFORT and Sibhat Nega told his host that Tigrayans and others should use the opportunity EFFORT give them to develop and do business in their regions.

Ethiopia is now run by individuals who robbed foreign food aids and converted into 100 million dollars according to Gebremedhin’s account and building a company in the name of Tigray and and enriching themselves and Gebremedhin also said these few millionaires also have accounts and investments in foreign banks under various names.

Have the World Bank demanded the book of EFFORT to be audited and tell poor Ethiopians who the share holders of this giant companies are or is this a question out of reach not to embarrass themselves?

Gebremedin confirmed that many African corrupt leaders amassed fortunes by stealing from their own people and from his first hand information none other than Sibhat Nega and his buddies EFFORT top the list.

Leave a Reply