Ethiopia records assets of over 20,000 government officials

By Tesfa-Alem Tekle

April 21, 2012 (ADDIS ABABA) – Over 20,000 government officials and
other high ranking appointees have so far registered their assets,
Ethiopia’s Federal Ethics and Anti-Corruption Commission (FEACC) has
announced.
 Ethiopian parliament (AFP)
The registration of properties of government officials is based on the
wealth registration proclamation endorsed by Parliament on March 30
2010.

According to FEACC some 27,000 officials, including the country’s
ministers, high-ranking government officials and civil servants in key
posts have so far disclosed their personal assets, possessions,
incomes and the incomes of their families.

The commission said the asset registration of government officials
creates transparency and allows trust to be built between government
and citizens.

This is the first time Ethiopia has undertook such a move that it is
hoped to enhance transparency quash corruption.

Ethiopia intends to record the details of 45,000 people including
government officials and their families. Assets secured through
inheritance, household goods and pension benefits will not be
included.

The registration process was officially launched by recording the
assets of Ethiopian prime minister Meles Zenawi.

According to the Global Financial Integrity, Ethiopia lost US$3.3
billion in corruption and bribery in 2009.

The FEACC has been working to combat corruption and improprieties
nationwide. The commission says it has also carried out extensive
preventive and corrective anti-graft measures.

Corruption and other related illicit flows are the leading hurdles to
Africa efforts towards bringing good governance, sustainable economic
growth and stability.

It is estimated that Africa loses up to US$150 billion (25% of its
GDP) in corruption – US$30 billion of which is foreign developmental
aid.

(ST)

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