Police have arrested the heads of an Ethiopian telecom company and financial institution on suspicion of corruption. Abrham Guade was arrested on suspicion of corruption and causing loss to government revenue. The telecom official deliberately allowed vehicles manufactured before 2000 to pass the inspection pretending they were manufactured in and after 2000. Guade was arrested on December 27, 2016 and appeared at the second criminal bench of the Federal high court. The suspect argued that he had carried out the purchase based on the instruction he was given by management of the bank.

Source: Ethiopian News January 13, 2017 17:23 UTC