Friday, September 29, 2023
HomeOpinionThe Ethiopian Airlines: An Epitome of Oromummaa's Predatory Greed and Gangsterism

The Ethiopian Airlines: An Epitome of Oromummaa’s Predatory Greed and Gangsterism

Ethiopian Airlines _ Oromummaa
Photo : file

Yonas Biru

First, let us make one thing clear. Though Oromummaa means “Oromoness”, the term has been hijacked by criminal thugs and intellectual savages who have made robbing Ethiopia and institutionalizing mass murder, forced displacement and industrial level demolition of Churches and Mosques as an Oromo ideology and political theology. Professor Asafa Jalata defines Oromummaa as a political project. Anyone who has read the good professor’s articles and listened to Shimelis Abdissa’s public speeches about Oromummaa cannot deny this.

The Oromummaa overlords have their eyes on the Ethiopian Airlines. Last month, I published two short blogs about the Ethiopian Airlines under the title “The Reason Behind Ato Girma Wake’s Termination.” In summary this was what I wrote.

“Two months ago, I predicted one potential source of foreign exchange to finance the PM’s Palace is taking loans from China collateralizing the Ethiopian Airlines. Two days ago, I speculated the reason behind Ato Girma’s termination is to transfer foreign exchange from the Ethiopian Airlines to the palace. Today, I learned the PM is in discussion with China to let them take over the Cargo business of the Ethiopian Airlines until Ethiopia pays its debt.”

Recently, I was with a friend at the Starbucks when he got a call from Addis Ababa. With his permission my friend put the call on speaker so I can talk to the person. The person took the opportunity to correct my blog about Ethiopian Airlines. Here is how he put it.

The Airlines’ Cargo business is run separately. What the Prime Minister has done is instructing the Airlines to use the profit from the Cargo business to pay Chinese contractors building the new palace along with its opulent surroundings. This is not far from what I wrote about how China does its business in Africa. They take collateral be it an airport (Zambia), a seaport (Kenya) or a minefield (Angola). Ethiopia does not have minefields other than goldmines that produce about $1 billion per year in a good year

Let us do the math. The palace is estimated to cost $15.3 billion. In most cases, construction projects cost far more than the original estimates. Let us say it will cost 25% to 50% more than the estimate. This is a modest projection. It can be more. This amounts to $19 billion to $23 billion.

If China is building the Palace and say China’s contract accounts for 75% of the total cost, this comes to or $14.3 billion to $17.3 billion. Let us say the profit the Cargo business produces is $2 billion per year. Let us also assume it takes China five years to build the palace. China will effectively hold the Cargo business from 7 to 9 years as a collateral until it is paid fully. If the Airlines business produces only $1 billion profit per year, that means 14 to 18 years. The longer it takes to pay, the more the interest rate component of the cost skyrockets. That means it can go beyond 14 to 18 years.

There is another story. The airline is interested in building a separate terminal for its business. How is it decided where this terminal should be? In a federalist system, this is done through competition. Each tribal homeland will be asked to submit a bid. Say Somali may say I will give the land for free and build infrastructures such as roads and electricity. The Amhara tribal land may say Debre Berhan is central to all regions and besides it will give free land and build infrastructure. The benefits for these homelands include job creation and tax revenues.

But this is not how it is done. The opportunity is exclusively given to the Oromo tribal land and Shimelis Abdissa is demanding billions in payment for the land. This is Oromummaa’s Predatory Greed and Gangsterism.

Can the Airline deny, the Cargo revenue is not and will not be used for the construction of the palace? Can it deny it is being asked to pay billions to build a terminal for the cargo business? Why should the airline pay billions for Oromo when other regions can potentially offer it free land with additional incentives?

Editor’s note : Views in the article do not necessarily reflect the views of borkena.com  

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6 COMMENTS

  1. የእርዳታ እህል እየሰረቁ ህፃናትና ፥ህመምተኞች አረጋውያን በረሀብ እየጨረሱ ያሉትን መጥፎ ባንዳ ነጋዴዎች፥የህውሃት መሪዎች፥አባላትና አጭበርባሪ ትግሬዎችን ማጋለጥ አትፈልጉም፥፥እንደነዚ ያሉ ባንዳ ትግሬዎች(ትግራዋይ አይባሉም) ከፋኖ እና ሻዕቢያ እንዲሁም ብልጥግና ካድሬዎች ተለይተው አይታዩም፥፥ሁሉም የድሃው የትግራይ ልጆችን በጥይት እና በረሀብ ከፈጁ ባዕድ ጠላቾች ጋር በተግባር ስለማይለዩ ጠላቶች ናቸው፥፥የትግራይ ህዝብ መከራ እና ዕልቂት ሠርግ ሆኖላቸው የሚሸቅጡ የሀሰት ዜና እያቀረቡ የሚያወናብዱ የሻዕቢያ ተላላኪ ኤርትራውያን ከኢትዮጵያ መባረር የሚያሳዝናቸው በዲያስፖራ የሚገኙ ትግሬዎችም አልጠፉም፥፥ከነዚህ ባንዳዎች መካከል ማይክራፎን ሚዲያ አንዱ ነው፤፤ተጋሩን ሲያሳስሩ ሲያስገድሉና የተጋሩን ንብረት ሲዘርፉ ሲያዘርፉ ለነበሩ ኤርትራውያን ጥብቅና ቆሙ አስደንጋጭ ዜና እያለ ጥብቅና ሲቆምላቸው ተሰምቷል፥፥ትግሬዎች የግል ጥቅማው እንጂ የህዝባቸው መከራ አይገዳቸውም፥፥በትግራይ ተጋዮች ላይ የተበተነው የአስለቃሽ ጋዝ እና በደል የማረሳ ጥቁር ጠባሳ መሆኑ ልብ ይሏል፥፥የህውሃት የፖለቲካ ፓርቲ በባንዳ ትግሬዎች የታጨቀ ያረጀ ጆንያ ድርጅት ነው፥፥ትግራይ የተጋሩ እንጂ ወንድሞቻችን የምትሏቸው የሻዕቢያውን፥፥የጣሊያን ውርንጭላዎች፥የባንዳ ትግሬዎች መሬት አይደለችም፥፥ጥርቅምቃሚ ሁላ ከትግራይ ይውጣ፥፥

    All Amhara and banda Tigre out of Tigray

  2. I can speculate who that ‘friend at Starbucks’ might be. They both have similar ambitions to benefit one way or another from Ethiopia, and they both could not achieve their objectives since the guy at the helm of power in Ethiopia is much, much, smarter and abler than them. And so, attack, attack, attack……

    Contemporary Ethiopian politics is way far advanced than the 60s, 70s, and 80s. The people can not and would be swindled again through barrages of propaganda and falsehood. Those who remain stuck in those decades are rather exposing their stupidity and inability to change with the times. And hence have no place in Ethiopia now and in the future……

  3. የአማራ ልሂቃን በሴራ ፖለቲካ የተካኑ በዱለታ አቻ የማይገኝላቸው ቅናት ና ምቀኝነት በደም ሥሮቻቸው የታተሩ ሰው መሰል ምድራዊ ሰይጣናውያን ነበሩ ናቸው ርስታቸውን ለከታዮቻቸው ያወርሳሉ ፥፥ያማርካን የግብር ከፋይ ገንዘብ እየሰረቁ በቀበኝነት ይኖራሉ ኢትዮጵያን በሪሞት ኮንትሮል ከአጋንት ጋር ሆነው ያውካሉ መጥኔ ከልቡሳን ጋንናንቶች ይሰውራቹ
    የአማራ ልሂቃን በሴራ ፖለቲካ የተካኑ በዱለታ አቻ የማይገኝላቸው ቅናት ና ምቀኝነት በደም ሥሮቻቸው የታተሩ ሰው መሰል ምድራዊ ሰይጣናውያን ነበሩ ናቸው ርስታቸውን ለከታዮቻቸው ያወርሳሉ ፥፥ያማርካን የግብር ከፋይ ገንዘብ እየሰረቁ በቀበኝነት ይኖራሉ ኢትዮጵያን በሪሞት ኮንትሮል ከአጋንት ጋር ሆነው ያውካሉ መጥኔ ከልቡሳን ጋንናንቶች ይሰውራቹ
    የአማራ ልሂቃን በሴራ ፖለቲካ የተካኑ በዱለታ አቻ የማይገኝላቸው ቅናት ና ምቀኝነት በደም ሥሮቻቸው የታተሩ ሰው መሰል ምድራዊ ሰይጣናውያን ነበሩ ናቸው ርስታቸውን ለከታዮቻቸው ያወርሳሉ ፥፥ያማርካን የግብር ከፋይ ገንዘብ እየሰረቁ በቀበኝነት ይኖራሉ ኢትዮጵያን በሪሞት ኮንትሮል ከአጋንት ጋር ሆነው ያውካሉ መጥኔ ከልቡሳን ጋንናንቶች ይሰውራቹ

  4. Why need to build such extravagant and useless palace? Aren’t there other important priorities and difficulties the nation is facing right now ? Only a fool and embecile leader can entertain to undertake such costly and foolish action in the midst of existential and myriad of developmental, security, political socio-economic crises that nation is facing right now. As for the likes of Abdisa and other PP- Oromumma apparatchiks., their Borana and beautifull Bale areas were decimated by drought , disease, displacements. pestilence. and grinding poverty and they have neither clue, poltical fortitude nor an iota of ethics to to deal with it or create atleast a semblance of accountability of the massive funds intended over the years for the needy populace in which reportedly was swindled through curruption and mafeance while fomenting day and night a tribal conflict and animosity against neighboring Somamali region and other minorities, on the other hand . Worse yet, these numerous scandals and shenanigans having been going under the watch of the wannabe the great King Kong Abiye in 5 last five years.. What a disaster in the making ¡

  5. A quality and competency of national leader shouldn’t be exclusively judged by what he does and doesn’t in foreign venues and foreign capitals or how he is successful and conducts himself in front of foregn audience. But what more import thing and quality are how he conducts himself and successful within the country he leads. And for that leaderv needn’t necessarily bbe a great one but only to be competent in the leadership task and has modicum integrity. Sadly , it seems Abity and the successive Ethiopian leaders in generations have sorely lacking such fundamental qualities and Abiy has outdone the scale over others in this regard.

  6. Ethiopian Airlines – Simply the Best
    (Ethiopian Airlines – Simply the Pride of Africa)

    by
    Dr. Haddis Gebre-Meskel (London)

    Carrier of the great and historic – the Ethiopian flag
    Stylish and efficient Ethiopian – simply the best
    Triumphing magnificently mastered the skies.

    Huge and beautiful African rainbow shines above
    Nearest to it being the fascinating mountain Simen
    Gloriously reflecting colours of superb Ethiopia’s heritage.

    With helpful and caring staff and crews
    Provides fantastic flights at the best price
    As always becomes travellers’ first choice
    Perfection enabled it to win the hearts of its passengers!

    Tourists and the hospitable people keep on joining together
    Whenever they stare at the amazing spectacles of the nation
    The spectacular glimpses of the past become clearer.

    They admire them all with happy and smiling faces
    Even lions joyfully roar harmoniously down below
    Love for Ethiopian sinks deeper whilst savouring slowly!

    Loud voices of the lions and lionesses – being heard from far away
    All stretched their hands upwards for the future – to be brighter
    With the united strength – to make Ethiopia immensely stronger
    Also critical situations of the World – to become much better.

    May Ethiopian continue serving us all as the best airline
    Wishing for it to go all the way gracefully and happily
    Yes, advancing forward forever and ever!

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