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Ethiopia To Begin Officials’ Wealth Registration

  1. Posted on Wednesday 13 January 2010 - 15:49
    Yohanes
    Image of Yohanes
    By Andualem Sisay
    Ethiopian Parliament is to pass a new law that will force government officials, employees and constituencies to register their wealth, www.newbusinessethiopia.com reports from Addis Ababa.

    The idea of registering government officials, employees and constituencies’ wealth aims to protect the nation from corruption and embezzlement.

    According to the draft bill, which is presented to the parliament on Tuesday, January 12, 2010, all government officials, employees and constituency should have to register all their wealth including financial and non financial properties such as loans and land and other properties.

    The draft bill also allows anyone to tip to the Commission about the hidden wealth of government officials, employees and constituencies. After the tips are verified and found to be concrete, the tipsters will be rewarded 25 percent value of the hidden and found wealth of the government official, employee or electorate.

    All government officials, employees and constituencies are expected to register their properties within 180 days if the draft bill, which is expected to be approved by the parliament after few months.

    The draft bill also states that all the registered property of government officials, employees and constituencies will be public while the properties of their families’ will be kept secretly by the Commission.

    Government officials, employees and constituencies are forbidden from accepting any gift or travel invitation from anywhere, which will create conflict of interest while discharging their responsibilities, according to this draft bill.

    The responsibility to register the property is given to the Federal Ethics and Anti-corruption Commission, according to this draft bill. Based on previous experience of Ethiopian House of Representatives’ working procedure, the bill is expected to be passed by the parliament after a couple months if not weeks.

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