Businessmen Fighting Corruption Charges Off Prison

Two prominent businessmen, Nega G. Egziabher, a major shareholder of Nesta Trading, and Gebreselassie Hailemariam, a.k.a Aleqa Gebreselassie, who controls major shares of Capital Hotel & Spa, were released yesterday evening after five years in federal prison.

The two have been fighting corruption charges at the Federal High Court that granted their bail right three days ago. The duo was charged along with Melaku Fenta, former director general of the Ethiopian Revenues & Customs Authority (ERCA), for a grand corruption case.

Nega and Gebrselassie were released against a 750,000 Br and half a million Birr bonds, respectively. The Court will give a final verdict on the case during its next court session to be held on May 2, 2018.

Published on Apr 12,2018 [ Vol 18 ,No 937]



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