Engidu Woldie

Probe finds $100bn embezzled in Saudi Arabia

ESAT News (November 9, 2017) Saudi Arabia's attorney general says at least $100bn has been embezzled through systemic corruption and…

7 years ago

Ethiopia: Shortage of hard currency cripples economy, says Governor of National Bank

ESAT News (November 8, 2017) The serious shortage in foreign currency has stagnated the economy, the Governor of the Ethiopian…

7 years ago

Al Amoudi’s overseas businesses unaffected by corruption probe, asset in Saudi remains frozen

by Engidu Woldie ESAT News (November 8, 2017) Overseas businesses owned by Mohammed Hussien al Amoudi, the Ethiopian born Saudi…

7 years ago

Arrested princes in Saudi sleeping on lobby floor of Ritz Carlton

ESAT News (November 7, 2017) Princes and businessmen arrested on Sunday in Saudi’s crackdown on corruption are reportedly sleeping on…

7 years ago

Ethiopia: Businesses, factory workers strike opposing tax hikes and low wages

ESAT News (November 7, 2017) Businesses in Dessie, a commercial town in the Amhara region, went on strike today opposing…

7 years ago

Ethiopian man arrested near White House after alleged threat against ‘all white police’

ESAT News (November 7, 2017) The Secret Service arrested an Ethiopian man on Monday near the White House after they…

7 years ago

Kenya arrests 132 Ethiopians

ESAT News (November 6, 2017) Kenyan police said they have arrested 132 Ethiopian nationals whom they said have entered the…

7 years ago

Saudi to freeze bank accounts of corruption suspects, Ethiopian born billionaire among detained

ESAT News (November 6, 2017) Saudi Arabia says accounts of princes and businessmen, who are arrested on suspicion of corruption…

7 years ago

Mohammed al-Amoudi arrested in Saudi Arabia

by Engidu Woldie ESAT News (November 5, 2017) Ethiopian born Saudi tycoon, Mohammed al-Amoudi, is among those arrested in Saudi…

7 years ago

Ethiopia: Bereket Simon under investigation for suspected corruption

ESAT News (November 3, 2017) Authorities in Addis Ababa are conducting an investigation into a 4 star hotel and other…

7 years ago