Precious Metals
Posted By OrePulse
Published: 28 Oct, 2024 12:06
TPLF illegally exploited up to 68 billion birr worth of gold in Tigray
Up to 68 billion birr worth of illegal Gold was exploited in four months in Tigray region Ethiopia by Debretsion-led TPLF.
According to Tigray Region Interim Administration President Getachew Reda, in the first quarter of fiscal year 2024/2025, compared to the 17 billion birr worth of gold that was legally sold to the National Bank, the amount of gold that is being extracted illegally is three or four times more.
Reports suggest that Debretsion-led TPLF leaders and some members of the TDF oversee most of the illicit mining, with gold smuggled out of Ethiopia through Eritrea, Sudan, and to the UAE. This plunder of gold ultimately harms the Tigrayan public, as the resource should be used to rebuild the region destroyed by a devastating war.
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