Ethiopia arrests ex-minister for mismanagement of funds - FANA

Reuters  |  ADDIS ABABA 

By Aaron Maasho

(Reuters) - An Ethiopian ex-was arrested on Wednesday on suspicion of "mismanagement of public funds" while he was of a regional public investment fund, the state-affiliated Fana Broadcasting said.

has been pursuing a nationwide crackdown on graft in the public sector since taking office last year.

Bereket Simon, who served as of communication in the 1995-2012 government of and was widely considered his right-hand man, co-founded the fund, TIRET Corporation, in 1995 and led it until 2017. TIRET belongs to the and owns firms in the brewery, construction, transport and logistics sectors.

Also arrested on the same allegations on Wednesday was Tadesse Kassa, a former of TIRET.

Neither Bereket nor Tadesse were immediately reachable for comment.

The two suspects were taken to Bahir Dar, capital of Amhara region, from their residences in Addis Ababa, and were due to be charged, Fana quoted the of Amhara's anti-corruption commission as saying.

Earlier this month, charged the former of the military-run industrial conglomerate METEC and other officials with corruption.

(Reporting by Aaron Maasho; writing by Omar Mohammed; Editing by and Kevin Liffey)

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First Published: Wed, January 23 2019. 17:31 IST