Courts Issue Warrants against Suspects in Tigray State

Nov 28 , 2020


[ssba-buttons]

Courts have issued arrest warrants against 167 individuals suspected of alleged crimes linked to the latest incident in Tigray Regional State. The courts have issued the arrest warrants, while investigations have been ongoing for five alleged crimes. High treason, armed rebellion, outrage against the Constitution, acts of terrorism-related to firing rockets, and hostile acts against a friendly country are among the alleged crimes. Attorney General Gedion Timothewos (PhD) described the alleged crimes as "grave" and "serious." "We've apprehended most of the suspects, especially the military officers and personnel," the Attorney General said. "The number could grow." Gedion also announced that a team had been deployed to Tigray Regional State to conduct a criminal investigation on the mass killings in Mai-Kadra, a town in the South-West Zone of Tigray Regional State. "The investigation will focus on who did what, why and after receiving whose order," he said.


Radar

AMG Holdings Breaks Ground on Industrial Rail Link to Ethio-Djibouti Railway

AMG Holdings has launched construction on a 2.5-kilometer railway connecting its Sheger Industrial Park to the Ethio-Djibouti Railway's Endode Station. The Ethiopian-led project comprises 1.7 Kms of main track and 800 meters of side rail. Chief Project Manager Engineer Nigist Hailu said the line is expected to be completed within six months, facilitating the transport of raw materials and finished goods to Djibouti's port. More than 100 local workers have already joined the project, with addi...


Radar

Ethiopian Deposit Insurance Fund Achieves Full Q1 Collection Target

The Ethiopian Deposit Insurance Fund collected 2.08 billion Br in the first quarter of 2025. This meets 100 percent of the target and represents a 26.83 percent increase compared with the same period last year. The rise in premiums was attributed to higher deposits from member financial institutions. To date, the fund has collected a total of 15.93 billion Br in premiums from member institutions, with 14.51 billion Br coming from regular deposits and 1.42 billion Br from interest-free depo...


Radar

Oromia Bank, Ethiopian Airlines Introduce Fly Now, Pay Later via Milkii Digital App

Oromia Bank's Milkii Digital App, launched on May 3, 2025, has introduced a “Fly Now, Pay Later” service that lets customers book Ethiopian Airlines tickets using digital loans, with payments spread over six months after travel with 16.5 interest rate and allows customers to book flights upto 300,000 Br. Developed in collaboration with Ethiopian Airlines, the platform is part of a broader effort to expand digital finance and simplify access to services. The initiative seeks to enhance conven...