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HomeEthiopian NewsEthiopia seized 7kg smuggled gold , over US $1.5 million

Ethiopia seized 7kg smuggled gold , over US $1.5 million

gold_ Ethiopia
Photo credit : FBC

February 6,2019

Ethiopia’s Ministry of Revenue claims that it has seized 7 kilograms of smuggled gold. As well, US $ 1,527, 714 is seized. The news was covered main in state and state affiliated news sources.

FBC also cited Adanech Abebe, the minster, to report that €8,280,£31,990,CAD25,665,AUD 8,880, KD1,393, SFr.690,kr 80,870, QR 4,810, UAE dirham 72,715,BD904, SR 734,088 and 4 omani riyal is also seized.

While FBC report said that the currencies and the Gold was in circulation, it remains unclear how and where it was seized as the ministry did not disclose detains in that regard.

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