Saturday, May 16, 2026

Esayas charged with abuse of power

Esayas Dagnew, former Chief Operation Officer at the Ethio Telecom, has been charged with grave corruption and abuse of power for allegedly damaging the public interest in relation to a procurement made with ZTE for an NGPO project.
The same day, February 20, 2019, the Federal Supreme Court dismissed an appeal by the police and upheld the lower court’s decision granting him 50,000-birr bail in another case.
Police told the High Court, that they suspected him of improper conduct in relation to a contract with US based consulting firm EDM. Investigators said the company obtained the deal without following the proper procurement procedure.
On February 13, Esayas was freed on bail by the lower court. It was the second time this happened because On January 22 his bail was reversed by the Supreme Court Reversed. Police were then given ten more days to investigate the former Ethio Telecom official.
He was initially accused of 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 but then police appealed to the Appellate Court.
The recent charge also listed a co-conspirator, who allegedly mismanaged the telecom’s procurement manual during the purchase of networking devices for universities.
He is suspected of concluding a contract with the Chinese telecom multinational, ZTE, worth USD 44.5 million. And then illegally benefiting from the transaction.
The charge was read to him at the public trial which will be held at the 15th criminal bench of the Lideta Court this Tuesday.

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...

International Coffee Partners : 25 years of commitment for resilient coffee farming families and communities

#Advertorial Hamburg, March 31, 2026: International Coffee Partners (ICP) –...

Online Jili Games: How GameZone Improves User Experience Today

Online Jili games continue to expand in popularity as...

ETHIOPIA’S EXPANDING DIGITAL ECONOMY: TRENDS AND OPPORTUNITIES.

The digital landscape in Ethiopia has slowly grown over...

Ethiopia defers Eurobond payment to next fiscal year

The Ethiopian government has officially announced the deferral of...

The Digital Engine Behind Ethiopia’s Infrastructure and Construction Renaissance

As Ethiopia marks Infrastructure and Construction Week 2026, the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img