increase in illicit outflows in Ethiopia

According to a report by Global Financial Integrity, a Washington-based research and advocacy organization corruption, kickbacks and bribery are on the rise in Ethiopia and  illicit financial flows out of Ethiopia nearly doubled to US$3.26 Billion in 2009 over the previous year. Read the News Here

If this is true it only means that while the majority Ethiopians are in abject poverty there are a few economic elites who are benefiting from the current political order and the absence of open and free media, lack of rule of law only worsening the situation.


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