Tag Archives: corruption

Ethiopia: Dramatic arrest of lead corruption suspect as he tries to flee country

by Engidu Woldie ESAT News (November 13, 2018) A retired army Major General who led the country’s military engineering and industrial complex for eight years has been arrested in Ethiopia’s border town of Humera as he tried to flee the country. Maj. Gen. Kinfe Dagnew has been arrested, picked up by a helicopter and flown into Addis Ababa soon after ...

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    Ethiopia: Warrants issued for Abay Tsehaye, Maj. Gen. Kinfe Dagnew as arrest on army and intelligence officials continues

      by Engidu Woldie ESAT News (November 12, 2018) Court warrants have been issued for the arrest of former CEO of the Metals and Engineering Corporation (METEC), Maj. General Kinfe Dagnew and a former director general of the state owned sugar corporation, Abay Tsehaye, according to ESAT sources, who also revealed that the Tigray regional government has refused to handover ...

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      Ethiopia: PM says govt officials with offshore accounts under investigation

      ESAT News (May 15, 2018) Ethiopia’s Prime Minister, Abiy Ahmed, said government officials who have offshore bank accounts are under investigation. The news by the Ethiopian News Agency did not say if the Premier had mentioned the countries where the monies were allegedly stashed, but quoted Dr. Ahmed as saying that countries are cooperating in the investigations. According to the ...

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        Al Amoudi’s worth drops to 1.07 bln from 11.1 bln in January

        by Engidu Woldie ESAT News (March 16, 2018) Latest figures from Forbes show that Mohammed Al-Amoudi’s worth dropped to 1.07 B, from 11.1B in January. Al-Amoudi and over 200 ministers, princes and businessmen were arrested and detained at the luxurious Ritz Carlton in Riyadh in November when crown prince Mohammed bin Salman ordered the arrest as part of the Kingdom’s ...

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          Transparency International says corruption continues to worsen in Ethiopia

          by Engidu Woldie ESAT News (ESAT News March 1, 2018) Corruption has continued to worsen in Ethiopia and the country still continues to be one of the ten African countries where illicit financial flows is rampant. According to the annual corruption perceptions index of 2017 recently released by Transparency International, Ethiopia is still one of the countries at the bottom ...

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            Ethiopia: Bombshell investigative report reveals dark side of Debretsion Gebremichael, TPLF’s new boss

            By Engidu Woldie ESAT News (January 11, 2018) Debretsion Gebremichael, TPLF’s new chairman and deputy administrator of the Tigray region, has been exposed for misusing work-related travel opportunities and public funds to pay for prostitutes and escorts in cities across the globe, according to an investigative report by ESAT’s Abebe Gellaw. A cache of digital evidence including emails also shows ...

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              Debretsion Gebremichael: Corruption, pornography and sex tourism

              Debretsion Gebremichael, TPLF’s new chairman and deputy administrator of the Tigray region, has been exposed for misusing work related travel opportunities and public funds to pay for prostitutes and escorts in cities across the globe, according to an investigative report by ESAT’s Abebe Gellaw. A cache of digital evidence including emails also shows that the new TPLF leader also spends ...

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                Ethiopia: Corruption suspects left country

                ESAT News (September 26, 2017) Four suspects of corruption who own construction business and allegedly stole millions of dollars have left the country. ESAT learnt that the four suspects, who have allegedly stole 86 million dollars, were charged in Addis Ababa last week. The four suspects are Samuel Teklay, owner of Satcon Construction Plc., Gemshu Beyene, owner of Gemshu Construction, ...

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                  U.S. sends clear message to African looters: Guinean former minister gets 7 years

                  ESAT News (August 28, 2017) A former Guinean mining minister was sentenced to 7 years in jail for laundering 8.5 million dollars, money that he took as bribes from a Chinese mineral company. Mahmoud Thiam was convicted in May of taking illegal payments to help China International Fund Ltd. win exclusive rights to mine Guinea’s iron, gold, diamonds and bauxite ...

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                    Ethiopia: Travel ban imposed on high level officials: ESAT sources

                    ESAT News (August 15, 2017) A travel ban has been imposed on high level TPLF officials, family members and accomplices suspected of embezzlement as part of the ongoing campaign against corruption in Ethiopia which critics say has so far targeted small-time scoundrels and left top TPLF officials who are widely accused of pocketing millions of dollars untouchable. ESAT has obtained ...

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