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Saturday, January 9, 1999 Published at 19:05 GMT

Ethiopian auction of Eritrean property


Ethiopian auction of Eritrean property

One of the main banks in Ethiopia has said it will be auctioning property, vehicles and factories belonging to two-hundred Eritreans who have been expelled during the last eight months.

The Ethiopian Commercial bank said it was trying to recover over forty-million dollars's worth of debt from the deportees.

It said they had used the property as collateral for loans.

The BBC correspondent in Addis Adaba says the move is bound to bring intense criticism from Eritrea.

Both countries have complained that the other has expelled tens of thousands of their nationals, since their border dispute began eight months ago, although each has ridiculed the other's figures.

From the newsroom of the BBC World Service


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