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The so-called regulators has no balls to audit EFFORT, and all the mafia groups illegally owner and operator of the stolen enterprise harassing the hard working non-Tigrae citizens. This is clear evidence that the mafia groups harassing hard-working non-Tigray business deliberately. Conflict of interest my A$$ that should be applied to the thugs mafia group who does double dealing not the hardworking tax paying citizens. The Tigrye boys wondering why we hated them, despise them, they will cry and complain about? You guys are unethical and hypocrite. You envy others success and you would like to compete by cheating which is hard to do now days cause everyone knows you clearly and refused to do business with you expect a few greedy once.

Zemen Bank is a living evidences how many times TPLF harassed him change the rules, but he come out stronger. Why because the non-Tigray citizens would like to do business with him. That should be a lesson for you to learn but you are vindictive.

You see how the weyannes rabbing Ethiopia in day light. It just for a protocol that they get away without punishment. Those who took over their place are also have waited for their chan to loot mama Ethiopia. These are a criminals gangs of melees and his wife co. with licence to kill and steal.

Banking is always convenience, why is zemen located in only 1 location? I don't think the purpose of this bank is to serve the community or the citizens of Addis, Too smart, Access capital, access real estate, unregulated timeshare, let's be carefull with these white collar criminals.

Here we go again. They talk the talk as if there is a rule of law in the country. They try to make it look like they are following the law in order to robe anyone who is on their way or who is competing against them.

When the day comes this Tigrayan buchilas are overrun by the Ethiopian people I would not want to be a tigray. The current generation of Ethiopians didn’t know the history of Tigray BANDAS and how they betrayed Ethiopians over and over again in history. Next time there will be no tomorrow. You will be hiding your identity and will not speak Tigrigha in public because you will be the most heated people in Ethiopia. Your nature of cowardness and Betrayal of your country is unparalleled by anyone in the country. This is your last chance to get the f out of the country and go and leave as refugees. I will not be surprised if they get massacred by the rest of Ethiopia ones and for all. There is only one way out for you and that is, as they say you kill a snake using another snake, other BANDAS tigras betray Meles and his thugs

Ermyas is one of the crooks like the ones we have here at Wall Street. He was enjoying his life by colluding with the authorities until his love affairs suddenly ends.

He is a crook who was manipulating the loopholes to profit himself and the major shareholders. Now the sharks decided to end his empire.

There are more who deserve the same.

@Observer,

What are you talking about? Are you threatning people through internet? Ante feri woosha go read history and learn something instead of shouting akaki zeraf hiding behind screen. Tigrai was the northern door keeper of Ethiopia. It was in Tigrai most Ethiopia's battles were fought you idiot. The hate you are trying to teach others might come back as a boomerang to your own ethnic.
Are you saying the guy should be free to loot without any checks and balances? You are betraying your gubo culture backgroud. I could say a lot about this and insult all your ethnics but I am not like you ugly racist. with kind of ahiya people like you Ethiopia can never go forward. Laziness, jelousy and unfairness is the whole marks of the regiems you loved before. This is the golden age of Ethiopia as witnesed by many intelectuals all over the world.

I don't think anything wrong with the regulation for the best interest of the community and government commitment otherwise without real regulation we will end up like paper tiger of 21st century.

@Observer
Your words speakes louder and you are a shabiya dog who is no place in Ethiopia. If you have good point, please articulate without writing trash like you lunatic leader. If you want to defend Ermyas Amelga, you can defend him by telling us about his records. For those of who knows him, he is a crook and shark never sleeps to take advantage of loopholes and gaps. He deserves more than ban but he was the officials buddies until their love ends. If you need to blame the gov't, blame it why late.

@Observer and Barbara,

Drop this ethnicity nonsense! Let everyone carry their own cross. Meles' crimes are his and his only not that of the Tigrian ethnic group. The people of Tigray would be harassed, imprisoned or even worse just like any other Ethiopian that dares stand up to Meles. Don't fall for the whole divide and conquer strategy the regime plays. As for Barbara just because someone in their misguided reasoning gives this an ethnic aspect it doesn't mean you should join him on that wrong path. Two wrongs do not make a right!

Observer,

Underestimating your oponents. Typical loser mentality. You really do not know tigrayns, there history and role. They have ethiopia by the balls.You racist MF.

This poor Ato Ermias is victim of the woyane mafioso scheme of monopolizing the whole business under TPLF and Effort. It is a shameful daylight injustice and robbery. Such business minded Ethiopians who do their best to change for good and make a difference are not needed as long as they do not associate themselves with those bandit woyanes. On the other hand they cry a crocodile tear inviting the diaspora to invest in his own country which is ridiculous whereas the Ethiopia we see now is only for few armed mafios and their stooges. The NBE Vice President was simply doing what he was told to do without being aware of the International rules and regulations of Banking system. The fact remains that such injustice and malpractice is not going to work for long. Until then Ato Ermias should take the burden and deal with them in their terms.

To Barbara.
Of course noone has denied the sacrifice of the Tigreans agianst colonial Italy. What we are witnessing now is the shifta/mafia circle of Meles and his stooges are robing the country blind. It is their way or the highway. They have to be the bank governors, factory owners and the judges,the generals
This type of greediness by handful top officials is not leadership, it is pure land piracy, tyranny at its highest stage. We shall witness soon these" baboons" will get their fate at the hands of the very same Ethiopian people which they robbed,harrased and tourtured.
We shall get them and hang them like a roadkill from Meskel Square.


Death to TPLF and all the cyber cadres.

birr

You wrote,
"They have Ethiopia by the balls.You racist MF." What does it really mean?? You are basically supporting the hate observer trying to spread. One ethnic group trying to take-over everyone and everything will never end up peacefully. Nor that’s humanly the right thing to do. We have seen that in history around the world over and over again. If you do not see or decided to ignore the monopoly of power practiced by EPRDF politically and socio-economically, then that makes you just another dick like our friend OBSERVER here.

Observer,

You still live in GENBOT 20, 1983. WOYANE wants you to think that the people of Tigray are behind them 100% in every decisions they make. But most Ethiopians know that's further from the truth. Who do you think owns all those builds that are being build in Tigray?? I guarantee you the people of Tigray are not any more educated now than people in other parts of the country nor are they richer.

All that money is going to into the pockets of woyane cadres. That's a known fact no one can deny.

I remember when I was in middle school (in Mengistu time) people used to say that Mengistu had built a house in Zimbabwe, but some were saying it just a rumer that Mangiest will never leave, but he did and we have found out afterwards it was all true.

The time will come for woyane too, but don't fall for that ethnic hate crap. I will say this though. One thing dislike about people from Tigray region that are living in America is this : - When they see woyane do something wrong, they don't even have the balls to say what they have done is wrong this time, and i will not stand behind this action and not under my name. Amhara and oromo people have no problem admitting things. When they see someone from their ethnic group do something wrong at least they are not afraid to say it is WRONG.
Birr: I say to you grow some balls
Observer : Take a chill pill

Anything opposite of pro Weyane this means good. We have to stop this Hedge Fund and bank exploitation diseases that is destroying West's economy and let us learn the lesson and stop this importation into the country. However TPLF/Meles are already drenched in this system that is why the country is going down anyways. It is pyramid scheme.

I think there is something fishy with this Ermiyas. I went his bank last year and asked info. that might be of my interest. there was nothing different from other banks there. Other banks like CB and DB offer better services. I thanked the helpful young lady and walked away. He looks like kind of smart guy who find ways behing the law to his own benefit and ofcourse his colleages. The purpose of this bank from my point of view is to collect money in the name of shares or what ever, provide loans to his sister firms (access xxx & maybe others)and do his own business. I cant see how his bank is going to be of a service to the community from one location.
-that is impossible where 90-95% ethiopians dont have access to internet or dont even have bank account!
-can you think of traveling from major cities to seek his bank's service? or just one hour travel through addis traffic on busy day?

- it's just a joke.

for ex. to get to that bank (kazanchis)from gerji you need to take 3 taxis, two if u r lucky(45-60 mins)and it costs u 7-8 birr

Btw, there is not even service at that bank for average ethiopian if you know what i mean.

To Baacaa.
FYI Zemen bank is an investment bank
like the Goldman Sachs here in the states not as big but same service.. If one has a minimum of $2500.00 or more Birr to invest he/she can use the service of Zemen Bank.
Like you said it is not the usuall Retail bank.