Friday, July 3, 2026

Supreme Court reverses decision granting bail for Esayas Dagnew

The Federal Supreme Court has reversed the Federal High court’s ruling to grant bail for Essays Dagnew on January 22, 2019. Police were also granted ten more days to investigate the former Ethio Telecom high ranking official.
Essayas was accused of causing damage to the public interest by awarding a purchase for the military complex, Metals and Engineering Corporation (MeTEC), using his affiliation with his brother who was the former CEO of the MeTEC, Major General Kinfe Dagnew.
After the Adjudicative Court the High Court granted bail for the suspect at 200,000-birr police appealed to the Appellate Court.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Ethiopia Set to Become a Technology Destination for Apple

Apple Inc., the California-based global technology giant, is taking...

The CPC on its 105th anniversary: Longevity by design, not chanceBy our staff reporter

In politics, survival over a century is rarely accidental....

Awash Bank Prepares to Expand into Neighboring Countries; Awaits Central Bank Approval

Awash Bank, a renowned institution in Ethiopia, has officially...

Bethesda American Medical Plaza Becomes Ethiopia’s First JCI-Accredited Hospital

Bethesda American Medical Plaza has officially become the first...

Ethiopia Introduces “New Money Warrant” to Break Eurobond Restructuring Deadlock

The Ministry of Finance (MoF) has officially announced that...
spot_img

Related Articles

Popular Categories

spot_imgspot_img