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Ethiopia seizes Sh241m from Atlas’ account in tax dispute

Atlas CEO Carl Esprey when the firm listed at the NSE in 2014. PHOTO | FILE

Ethiopia has seized cash from the account of Nairobi Securities Exchange (NSE) cross-listed Atlas Ltd over a tax dispute.

The firm, originally listed at the London Stock Exchange, has lost Sh241 million ($2.4 million) deposited by its subsidiary TEAP Glass PLC.

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Note: The results are not exact but very close to the actual.

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