TIRET Corporate endowment corruption case (Amhara region)
ConvictedCurrent position. He was convicted in May 2020 and sentenced to six years; he was released on parole in January 2023, and the conviction stands as no successful appeal was reported.[1, 2, 3, 4, 5]
- Authority
- Supreme Court of Amhara National Regional State
- Status date
- 2020-05-08
History
- 2019-01-23 Arrested at his Addis Ababa residence by Amhara regional authorities; held in Bahir Dar with former TIRET official Tadesse Kassa.
- 2019-04 Charged with corruption linked to TIRET Corporate (alleged embezzlement of more than 2.2 billion birr, with Tadesse Kassa).
- 2020-05-04 Found guilty on two of four corruption counts (embezzlement of public funds and abuse of power).
- 2020-05-08 Sentenced to six years' imprisonment and a fine of 10,000 birr, counted from 23 January 2019; co-accused businessman Daniel Gizaw cleared.
- 2023-01 Released from prison in Bahir Dar on parole; appeals had not been accepted (reported).