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.

Source

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