January 10, 2019 / 3:13 PM / 2 months ago

Ethiopia charges ex-head of military firm METEC with corruption

ADDIS ABABA (Reuters) - Ethiopia charged the former head of military-run industrial conglomerate METEC with corruption on Thursday, nearly two months after his arrest.

Kinfe Dagnew was charged with four counts of corruption related to the procurement of tractors, said a judge in the Lideta High Court in Addis Ababa. His co-defendants faced three further charges. Kinfe was arrested after a months-long investigation into METEC, which uncovered suspicious procurement practices involving more than $2 billion.

Writing by Omar Mohammed; editing by Maggie Fick

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