Al Amoudi released from prison - News Summed Up

Al Amoudi released from prison


Ethiopian-born Saudi billionaire Mohammed Hussein al-Amoudi has been released from Saudi prison. Arega Yirdaw, CEO of MIDROC, a private company that belongs to Al-Amoudi, confirmed the news to the Ethiopian state television. Al-Amoudi, 72, was detained more than 14 months ago as a result of Crown Prince Mohammed bin Salman’s crackdown on corruption along with dozens of princes, officials and businessmen. Al-Amoudi owns vast assets in oil, gold mines, agriculture and cement in Ethiopia and he is the second largest employer next to the government. In May 2018, during a visit to Saudi Arabia, after making a personal appeal to the crown prince, Prime Minister Abiy Ahmed said that he was sure Al Amoudi would be released and returned to Ethiopia soon.


Source: Ethiopian News January 27, 2019 16:07 UTC



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