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July 22, 2018 – Ethiopian security forces seized nearly $ 10 million in foreign currency smuggled, a senior police official said Saturday. 196519003] Zeyinu Jemal, Commissioner General of the Federal Police Commission, said that the money had been apprehended in the capital Addis Ababa and other parts of the country in a joint operation conducted by the Federal Police, the police of Addis Ababa, the national intelligence and security services. The Oromia police
The commissioner stated that the alleged traffickers are under police investigation but did not mention the number
The operation followed the decline in the exchange rate of the Ethiopian black market almost comparable to the exchange rate of the country's commercial banks. According to the commissioner, the money was smuggled with the intention of buying weapons that could be smuggled back into the country and "The smuggling of the dollar aims to create financial crises in the country Zeynu said, adding that the campaign launched to fight against the trafficking of dollars will continue in a consolidated way. .
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