November 12, 2018 / 12:59 PM / a month ago

Ethiopia's attorney general alleges vast corruption at military-run Metec

NAIROBI (Reuters) - Ethiopia’s attorney general said on Monday that a five-month long investigation into procurement processes at the huge military-run conglomerate METEC has revealed vast corruption.

“For six years METEC made international procurements totalling $2 billion without any bidding processes,” Berhanu Tsegaye told a news conference after announcing the arrest of several dozen security officials.

In August the government ousted METEC from a $4 billion dam project on the River Nile due to numerous delays in completing the project.

Writing by Maggie Fick and George Obulutsa; Editing by Raissa Kasolowsky

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