GM NEWS; Ethiopia Begins Seizure Of Undeclared Currencies By Transiting Nigerians
Posted By: GalantMedia Staff
on July 1, 2019
The Ministry of Foreign Affairs has warned all Nigerian travellers that the Ethiopian Customs and Revenue Authority (ECRA) has stepped up its seizure of foreign currencies and valuables in excess of $3 000 (three thousand US Dollars) from passengers transiting Ethiopia without prior declaration of such valuables.
The rule on the forfeiture of undeclared valuables applies to all passengers travelling to Ethiopia or transiting, including the prosecution of offenders of money laundering in line with Ethiopian Laws.
In a press release signed by Friday Akpan, the Ministry ha, therefore, implored all prospective Nigerian travellers to take note of the development and adhere strictly to avoid undue embarrassment at the airport.
The statement, however, added that the Embassy of Nigeria in Addis Ababa is engaging the Ethiopian authorities to secure the release of undeclared monies seized from Nigerians.
136 total views, 4 views today