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Over $6 mln seized in black market raid

Capital: "Police have seized a staggering two million dollars in hard currency with an illegal money changer and 13 million birr in cash with another trader in an unexpected police raid, where several alleged illegal traders were arrested.
The individual with 13 million birr in cash was caught on Thursday March 13, around American Gibi in a place called Beteseb Supermarket. The hard currency was also taken as evidence. Some said that the amount seized during the raid could be over six million dollars including the amount apprehended in Ethiopian birr.
Furthermore, Addis Ababa Police has taken into custody over 35 illegal traders in connection with foreign currency exchanges that police claims has contributed to the current destabilization of prices in the country."

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