1. Dear @AbiyAhmedAli,
I regret to do this in times of so much negativity surrounding us. But, this is just to inform that Regulations coming out of the office you lead are being held up from the general public so that few individuals can capitalize on it and have a head start.
I regret to do this in times of so much negativity surrounding us. But, this is just to inform that Regulations coming out of the office you lead are being held up from the general public so that few individuals can capitalize on it and have a head start.
2.This concerns the new Investment Regulation. The legal community have been beseeching @EthioInvestment for the draft regulation before its adoption. That fell on deaf ears. It's now been 24 hours since the adoption of the new Investment Regulation.
3. However, @EthioInvestment @Lelise_Neme wouldn't release the new law. Meanwhile, those few privileged lawyers who've been working on the draft are already advising their clients before the rest of the legal community, & unfairly positioning themselves to a superior level.
4. In Wall Street they call it inside trading. An illegal practice of trading on stocks through having access to confidential information.
5. We are seeing the legal version of it: the practice of trading on Laws & Regulations to one's own advantage through having access to confidential information.
6. Sir, I don't think I need to state the law is not a personal commodity for the few to take advantage of. It is bad enough #EIC simply dismissed our repeated request for the draft regulation and worked on it in an atmosphere of omertà.
7. May I respectfully ask you communicate this with #EIC & have the law posted on its website?
Thank you very much.
Thank you very much.
@EthioInvestment @Lelise_Neme @AbebeAbebayehu @ZekuZelalem @GetachewSS @AtnafB @EthiopianInsight @addismaleda @Wazemaradio @Mastishtt @BerhaneSamson @NeaminZeleke @EliasMeseret @TomGardner18 @Zemedeneh @BelachewM @Ethiopia24News @Haimanotwua @EsheteBekele