EPRDF regime's self image of ethnically Balkanized Ethiopia, established by late Dictator Melese Zenawie. Freedom of Press is Dead in ethnocracy based irridentism. Fertile land is grabbed by foreign speculators, over 5 million are starving. 500'000 kids are on the streets. Millions are displaced by force. The regime is arming proxy warriors. Dams are built wantonly risking the existence of millions of indigenous people. Eritreans Moles are Ruling even after seceding in 1991.
Saturday, June 25, 2016
Friday, June 24, 2016
Wednesday, June 15, 2016
Tuesday, June 14, 2016
Saturday, June 11, 2016
Ethiopia to pay U.S. fine over Hydro-electric dam bonds
By Tinishu Solomon
CONSTRUCTION WORK TAKES PLACE FRIDAY, JUNE 28, 2013, AT THE SITE OF THE PLANNED GRAND ETHIOPIAN RENAISSANCE DAM. PHOTO©ELIAS ASMARE/AP/SIPA
On 8 June, the United States Securities and Exchange Commission (SEC) announced that the EEPC violated securities laws by failing to register the bond offer, which raised about $5.8m from more than 3,100 people from 2011 to 2014.
Foreign governments are welcome to raise money in the US capital markets so long as they comply with the federal securities laws
Stephen L. Cohen, associate director of the SEC's division of enforcement, explained in a statement: "Foreign governments are welcome to raise money in the US capital markets so long as they comply with the federal securities laws, including registration provisions designed to ensure that investors receive important information about prospective investments."
He added that investors will get back all of their money plus interest.
The Grand Ethiopian Renaissance Dam (GERD) is expected to have the capacity to produce 6,000 megawatts of electricity making it Africa's biggest hydro-electric power station.
Subscribe to:
Posts (Atom)