Fed Investigators Arrest Ermias Amelga in MetEC Case

Federal investigators have arrested Ermias Amelga, founder of Access Real Estate, in connection with an ongoing corruption probe on the former executive of Metals & Engineering Corporation (MetEC).

Ermias was arrested on Wednesday evening and is suspected of transferring the former Imperial Hotel to MetEC for 72 million Br, without a proper procurement process.

Ermias appeared before the 10th Criminal Bench of the Federal High Court on Friday, along with other senior executives of MetEC.

Published on Jan 11,2019 [ Vol 19 ,No 976]



With a reformist administration in charge of the executive, there has b...


The new electricity tariffs that became effective on December 1, 2018,...


Who it is that midwifed the rapprochement between E...


Ethiopia’s economy is at a crossroads. The same old advice will not s...


A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


The future is bleak. Millennials and younger generations who will inher...

View From Arada

There is heated debate on the propriety, decency and morality of breast...

Business Indicators


Editors Pick