by Engidu Woldie ESAT News (January 31, 2018) Reports coming out of Saudi Arabia say Ethiopian born Saudi billionaire, Mohammed Al-Amoudi, has refused to hand over his money in return for his release. The billionaire and 200 other businessmen and ministers were arrested early in November in the Kingdom’s crackdown against corruption. The Middle East Monitor reported quoting a Saudi ...

ESAT News (November 20, 2017) People in Southern Ethiopia are protesting the regime for keeping them in poverty and political and economic marginalisation. They also reject a billionaire whom they said had extracted gold for over 20 years but did nothing for the community. Residents of the town of Dima followed the footsteps of those in Shakiso and Adola and ...

ESAT News (November 9, 2017) Saudi Arabia’s attorney general says at least $100bn has been embezzled through systemic corruption and embezzlement in recent decades. The BBC report quoted Sheikh Saud al-Mojeb, the attorney general as saying that 199 people were being held for questioning as part of a sweeping anti-corruption drive that began on Saturday night. The attorney general did ...

by Engidu Woldie ESAT News (November 8, 2017) Overseas businesses owned by Mohammed Hussien al Amoudi, the Ethiopian born Saudi billionaire, who is among businessmen and princes arrested under Saudi’s anti- corruption measures, would not be affected by the crackdown that also aimed at freezing the assets of suspects, according to a spokesperson for the sheikh. But his asset in ...

ESAT News (November 7, 2017) Princes and businessmen arrested on Sunday in Saudi’s crackdown on corruption are reportedly sleeping on bare mattresses on the lobby floor of a five star hotel. Review.org reports that the mattresses were re-structured memory foam mattresses from online mattress manufacturer Nectar. Nectar has not responded to our claims to verify this fact. The Daily Mail ...

ESAT News (November 6, 2017) Saudi Arabia says accounts of princes and businessmen, who are arrested on suspicion of corruption will be frozen. The announcement by the Kingdom also says money derived from corruption will be reimbursed to the Saudi state’s General Treasury. The report by Al Arabiya, which broke the news of the arrest on Sunday also said there ...

by Engidu Woldie ESAT News (November 5, 2017) Ethiopian born Saudi tycoon, Mohammed al-Amoudi, is among those arrested in Saudi Arabia as the Kingdom’s newly formed anti-corruption campaign targets princes, ministers and several other officials and businessmen. Reuters listed 17 princes and officials and Mohammed al-Amoudi’s name was also mentioned as one of the businessmen arrested. ESAT cannot immediately verify ...