Statement by ECX in response to the article “The case of alleged fraud and corruption at the Ethiopia Commodity Exchange”
Note : This email statement was issued by Ali Suleiman, External Relations Manager for Ethiopia Commodity Exchange (ECX) in response to the recent article titled " Is the government serious about fighting corruption? The case of alleged fraud and corruption at ECX ". The statement which characterizes the article as one that "has overstepped the boundaries of factual and honest commentary," does not deny the allegation or condemn corruption but it correctly points out that I had an open and frank telephone conversation with Dr. Eleni Gabre-Madhin , CEO of ECX in which we had raised and discussed a wide range of topics, including the complaint pertaining to the alleged fraud and corruption. This conversation was not included in my article because: 1) as mentioned in the statement, Dr. Eleni was not at liberty to comment directly on the investigations being conducted by other organizations; and 2) our call was off the record and I had promised to keep it that way. ...