Ermias Amelga reportedly arrested by Federal Authorities

Ermias Amelga
Ermias Alemga
(Addis Fortune)

January 11,2019

Ermias Amelga, who is the founder of Zemen Bank and Access Read Estate, is arrested in the capital in connection with allegation of corruption, reported The Ethiopian Reporter.

He appeared at the 10th criminal Bench of Federal High Court today in the capital.

He is arrested in connection with Imperial Hotel which sold to Metals and Engineering Corporation (METEC), giant government owned Corporation which used to be run by the military.

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