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Corp. to sue for failed sugar export

Corporation to sue for failed sugar export

Sugar Corporation is preparing to sue the company which bought the sugar consignment that was destined to Kenya but returned from Moyale, this week. 

The 4,400-tons of sugar that the Ethiopian Sugar Corporation sold for a company based in Dubai and to be received by its sister company in Kenya is being transported back to Wonji after it was stranded in Moyale checkpoint for two months.

Although the Corporation sold the sugar consignment for 2.2 million dollars, pending the settlement of the payment once the shipment was delivered, the contract amount was never paid to the Corporation and the shipment did not make it past the Ethio-Kenyan boarder. Asked by The Reporter, the Corporation’s public relations head Gashaw Aychiluhm said, “We will institute a formal legal charge against the company.”

Bright Cross-Border Transport Association, the company that allotted the 110 trucks for the transport of the sugar consignment to Moyale, a representative of the Dubai based Agri-Business Commodities, has allocated vehicles to transport shipment back to Wonji and 40 of them are expected to arrive at Wonji tomorrow.