Saudi Arabia freezing bank accounts of Al Amoudi and other detained billionaires

Saudi Arabia freezing bank accounts of Al Amoudi and other detained billionaires

Al Amoudi among detainees whose bank account in Saudi is frozen Ethiopian News borkena November 6,2017 Days after Saudi authorities mounted what is said to be unprecedented crackdown on corruption which led to the detainment of princes and businessmen including Ethiopian born billionaire Al Amoudi, Saudi Arabia’s attorney general reportedly said that banks are freezing […]

Al Amoudi arrested in Saudi Arabia in connection with alleged corruption

Al Amoudi arrested in Saudi Arabia in connection with alleged corruption

Saudi-Ethiopian born billionaire Al Amoudi detained in Saudi Arabia borkena, Ethiopian News November 5,2017 Billionaire Mohamed Al Amoudi is reportedly arrested in Saudi Arabia. His arrest has something to do with Saudi Government campaign against corruption, according to a report by Moroccan Newspaper LesEco which in turn cited Sabq, Arabic news and Reuters. Although not […]

Corruption: Seven Recommendations from Way Back

Corruption: Seven Recommendations from Way Back

By Kebour Ghenna Desta August 18,2017 Today, let’s talk about corruption… at least that’s the buzz in the streets. A creepy thing happens when a nation allows itself to be ruled by kleptocrats. I say creepy because such rule is intrinsically shaky, as there is no longer any moral or political justification to bind the […]