Saudi Arabia has released Ethiopia – Saudi billionaire Sheikh Mohammed Hussein Ali AL-Amoudi who has been in jail for corruption charges along other Saudi billionaires. Al Amoudi was arrested along with 11 princes, four current ministers and top businessmen detained during the swoop by a new anti-corruption body. Born from Ethiopian mother and Saudi father, Al Amoudi, owns many companies from the Sheraton Addis Hotel to large scale coffee farms and plantations. (ADAGO)• Summit Partners (Ethiopia) P.L.C. Recently the city administration led by the new Deputy Mayor Takele Umma has reclaimed 55 hectares of land from MIDROC Ethiopia, a private company owned by Al-Amoudi.

Source: Ethiopian News January 27, 2019 15:48 UTC