Attorney General Freezes Assets of 34 TPLF Affiliated Companies

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Addis Ababa November 17/2020 (ENA) The assets of 34 organizations affiliated to Tigray People's Liberation Front, which has been engaged in forcefully undermining the constitution, carrying out ethnic based killings and carrying out terrorist activities by providing finance and evading tax, have been frozen, according to the Attorney General.

The organizations have allegedly financed the terrorist group and took part in criminal corrupt practices.

The Attorney General which claims to have sufficient evidences to investigate the organizations has frozen the assets of the following companies effective today.

It said the organizations were trying to transfer and hide the assets.

The Attorney General stated that it will appoint asset manager to ensure that the frozen assets are not damaged or wasted until the Director-General of the Criminal Assets Recovery Directorate completes its inspection and restitution.

The following are the companies whose assets have been frozen.

1. Sur Construction PLC

2. Guna Trading House PLC

3. Trans Ethiopia PLC

4. Mesfin Industrial Engineering PLC

5. Selam Public Transport Share Company

6. Mega Printing PLC

7. EFFORT PLC

8. EFFORT Electrical Business PLC

9. EFFORT Design and Construction PLC

10. Ezana Mining Development PLC

11. Velocity Apparel Companies PLC