Azeb Mesfin Lost TPLF’s Cash Cow By Abebe Gellaw

The Tigray People’s Liberation Front (TPLF) has quietly removed the late dictator’s widow Azeb Mesfin from the helm of EFFORT as Chief Executive Officer a few months after her husband’s demise, it emerged.

Azeb, widely known as the ‘Queen of Mega’ and ‘mother of corruption’ among Ethiopians, had snatched  the reins of  power within the Endowment Fund for the Rehabilitation of Tigray (EFFORT) from her bitter rival Sibehat Nega and Abadi Zemo. She was once the de facto second in command in her husband’s tyrannical regime.

The new boss appointed to as the Chief Executive Office (CEO) of TPLF’s multi-billion dollars business empire and corruption cash cow emerged to be Berhane Kidane Mariam Yihdego, a Central Committee member of the TPLF. According to informed sources, Berhane is a close confidant and business partner of Sebhat Nega, a multi-millionaire in his own right like most members of the TPLF ruling class.

Berhane, who enjoys multiple high profile positions as a privileged TPLF loyalist, was the former General Manager of TPLF’s propaganda mouthpiece Walta Information Center from 2006 up to last year. Besides being the President of the nepotistic and corruption-plagued Ethiopian Olympics Committee (EOC), he sits on the boards of Wegagen Bank, which is also owned by the TPLF, and Mekele University. The new EFFORT chief also claims to be the founder and Deputy Board Chairman of a private company called “Ethiopian Quality Award Organization,” according to his CV obtained by Addis Voice.

TPLF’s move to replace Azeb with the new loyalist was confirmed by Berhane himself who recently sent an updated CV and a profile to the Switzerland-based Association of National Olympic Committees (ANOC), where he represents Ethiopia as EOC president. In his profile posted on ANOC’s website, he listed his current professional position as “Board of Director and Chief Executive Officer of EFFORT Investment Group” since 2012. In spite of the fact that the exact month of his appointment was not mentioned nor made official, the ANOC website indicates that Berhane’s latest profile was updated on May 2, 2013. The French and Spanish versions of his profile web pages also carry exactly the same information.

 

Walta reported recently that Berhane Kidanemariam, the new “Director of EFFORT and TPLF CC member conducted a successful meeting with the Diaspora in Seattle.” The meeting, hosted by the Union of Tigrians in North America (UTNA), focused on how EFFORT is implementing its objective of developing Tigray and making it self-reliant, it stated.

Heaping praise on its former boss, Walta promoted the corrupt conglomerate’s new chief as eloquent, persuasive and visionary. “Berhane Kidane Mariam, with his eloquent and persuasive ability, spelled out the objective of his presence in Seattle and explained the development in Tigrai and the role of EFFORT to uplift the hope and aspiration of many Tigrians from poverty to self-reliance,” Walta declared.

According to an insider, who confirmed the reshuffle, Azeb is deeply resented and despised among high-ranking TPLF leaders and her fall from grace and power has been quick and spectacular. The only playing card at her disposal is her husband’s foundation, which is not even given attention by the TPLF bigwigs. “Without her husband, she is like a fish out of water. Her survival among her rivals like the wicked Sibehat Nega will be short-lived. Losing TPLF’s blood-sucking machine is a big blow against Azeb,” the insider said.

Sibhat Nega has recently been quoted as saying that Meles is being used as a cover and a bargaining chip by some who are exaggerating his success as a ruler. The veteran TPLF strongman has been critical of those who tend to heap praise on Meles, whom he slashed to have betrayed the TPLF and endangered its unity by enforcing his will through his secretive inner circle.

Meanwhile, Azeb is demanding huge plots of land around the metropolis in the name of the Meles Zenawi foundation. “All the best land goes to the TPLF as usual. It seems the TPLF has subverted the revolutionary slogan “land to the tillers” with “land to the killers.” All the corrupt TPLF generals and officials have scrambled for the best land all over the country,” Yalem Zew, a political commenter said.

The late dictator appointed his wife to control the immense wealth of EFFORT in early 2009. EFFORT, the biggest business monopoly in Ethiopia, controls vast resources and over 60 companies in Ethiopia but TPLF claims that it is the exclusive asset of Tigrians by virtue of their ethnicity. The corrupt conglomerate has been widely criticized to have multi-billion birr loans from state banks written off and for engaging in blatant tax evasion enjoying “nonprofit” status as an endowment.

Ethiopian activists often mention the parasitic EFFORT as an example of TPLF’s apartheid policies that have deliberately created huge economic and political disparities between the Tigrian ruling class and the oppressed people of Ethiopia.

 

 

Share Button
Disclaimer: We are not responsible for any losses or damages that may have caused by using our services. EMF declines all responsibility for the contents of the materials stored by users. Each and every user is solely responsible for the posts.
Posted by on August 17, 2013. Filed under FEATURED. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

5 Responses to Azeb Mesfin Lost TPLF’s Cash Cow By Abebe Gellaw

  1. qorqs abbabullo Reply

    August 17, 2013 at 3:53 PM

    good job abebe gelaw,but the number of companies are more than 79

  2. Mekuria Reply

    August 18, 2013 at 8:24 PM

    Abebe Gellaw the father of lie and brian washed distanced from the real world confused and illitrat
    evill person.

  3. Nebeyu Reply

    August 20, 2013 at 2:24 PM

    Dear Ethiopians don’t expect any recognition of corruption and Reports about effort from the weyanies they they are so Stone meinded and brainwashed like mekuria above . What makes Sick is that almost all tigrians are direct or indirect supporting weyanie and thier crimes with or without previlage.

  4. Heal Reply

    August 20, 2013 at 4:56 PM

    You guys forgote the Tela bet owned by zenawis sister check it out on aurbmba times zenawi family interview

  5. Abeba Reply

    August 24, 2013 at 5:43 PM

    It was reported that Meles daughter has deposited 5 Billion dollars in one time. Dr. Getachew posted the photocopy of the Cheque on the Internet. Can you just imagine the reaction of the bank teller when a 24 or 25-year-old black, female, approached her to deposit a 5 Billion cheque! Can you imagine what the reaction of the teller would be! Probably the first thing she would do is to call her manager. Then breaking news on CNN follows the investigation. Do you think the people of Ethiopia are ignorant? They would have sold the story better had they said Meles daughter deposited 5 Million at a bank. There is a better way of transferring money when it is that much. In North America for example you are not allowed to carry more than 10K cash. A police could confiscate it immediately.
    Meles did not even care for his sister and brother who are ‘tela’ seller and ‘Dabo bederete’ respectively! I know you will call this a ‘drama’ too. Can you tell me by name if the King had an immediate family member who was a ‘tela’ seller or ‘Dabo bederete’? Because of your hate toward this government, your ‘Bere wolde news’ day and night is backfiring on you! Nobody trusts people like you. You have lost your credibility and is killing the fight for democracy and justice!
    Talk about how your can help your people that did not profit neither during the king, Derg and EPRDF. You shouted ‘democracy before food security’. I would like to see you how you would survive by giving you all the democracy you want but withholding the food just for 2 days. I would like to be the camerawoman…
    Abebe Gelaw I advise you to tone down a little bit. I hope you don’t share the feeling of the cat that sees a lion whenever she stands in front of a mirror.

Leave a Reply

Your email address will not be published. Required fields are marked *