Financial Crime World

Eritrean Government’s Corruption and Mismanagement Exposed

Widespread Corruption and Mismanagement Plague Eritrea Despite Claims of Self-Reliance

Asmara, Eritrea - Despite claims of self-reliance and independence, Eritrea has been plagued by widespread corruption and mismanagement. The government’s tight grip on the economy, lack of international cooperation, and substandard criminal justice system have led to a downward spiral for the country.

Lack of Transparency and Accountability in Government

  • The PFDJ’s Hdiri Trust Fund controls all major companies in the country.
  • The financial head of the party is responsible for auditing the fund, raising questions about transparency and accountability.

Ineffective Criminal Justice System

  • The government’s constitution has never been enacted, leaving citizens without basic rights and protections.
  • Prison conditions are harsh and overcrowded, with prisoners often held indefinitely without charge or trial.
  • Arbitrary arrests and detentions are common practice.

Economic Regulatory Capacity Remains Substandard

  • The government’s irrational financial policy leads to a steady expansion of the currency black market.
  • The country’s proximity to regions where terrorist and criminal organizations operate makes it vulnerable to corruption and money laundering.

Control Over Economy Extensive, Corruption Widespread

  • All major companies are controlled by the PFDJ or the military.
  • Lack of financial oversight has led to widespread corruption and abuse of power.

Civil Society Virtually Non-Existent

  • Human rights are routinely violated.
  • Civil rights, freedom of expression, and assembly are absent.
  • Independent media has been shut down since 2001.

Failure to Support Victims and Witnesses of Organized Crime and Trafficking

  • The government’s failure to support victims and witnesses of organized crime and trafficking is a major concern.
  • Lack of effort to identify and protect victims of human rights abuses is also a concern.

Conclusion

As the world continues to watch Eritrea’s downward spiral, it is clear that corruption and mismanagement are the root causes of the country’s problems. It is time for the government to take concrete steps to address these issues and restore hope to its citizens.