By AGGREY MUTAMBO
The Ethiopian government on Tuesday froze bank accounts of businesses linked to leaders of the Tigray People’s Liberation Front.
The Federal Attorney General issued a statement on Tuesday listing 34 business entities whose bank accounts had been frozen, saying there is evidence that the companies are involved in financing the “Junta” in Tigray and trying to derail country’s constitutional order.
Sanctions Target Firms Across Ethiopia’s Key Industrial Sectors
The banned companies are in involved in finance, mining, textile, construction, wholesale trade, transport, manufacturing and other sectors, and have long been said to have close ties to the TPLF.
Among them are Sur Construction, one of the largest construction companies in the country, Guna Trading Enterprise, Almeda Textile Manufacturing, Mesebo Cement Factory, and Trans Ethiopia, which has been involved in transportation and foreign trade.
In addition, the pharmaceutical manufacturer, Addis Pharmaceutical, Mining, Izana Mining, Mesfin Industrial Engineering, Selam Public Transport Association, and Mega Printing Company, a printing company.
The closure of the companies’ accounts came two weeks after the government took action against the TPLF-led Tigray Special Forces.
